Melrose Credit Union has one physical branch located in Briarwood, New York, a number of CO-OP shared branches, and ATMs serving their customers. Their offerings include business savings and checking, business loans, commercial mortgages, business insurance, employee benefits, and financial planning services. They have an A+ BBB rating and generally positive reviews online.
Since Melrose Credit Union has an open New York State charter, there are no geographic or group affiliation fields of membership restrictions. So, regardless of where you live or how you earn a living, you may qualify for a membership.
Melrose Credit Union Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||Free for first 100 transactions per month, $0.25 per transaction thereafter|
|Wire Transfer Fee||Outgoing (domestic): $25.00|
Outgoing (international): $50.00
|Cash Deposit Fee||N/A|
|ATM Fee||ATM balance inquiries or transactions at non-Co-op Machines: $1.00 per transaction (Plus any fee that may be charged by the ATM operator)|
Melrose Credit Union Network
Melrose Credit Union’s main office is located in 139-30 Queens Boulevard, Briarwood, N.Y. Their customers may also get funds from any CO-OP shared ATMs. You can use their ATM locator to see what locations are closest to you.
Melrose Credit Union Additional Business Banking Services
Melrose Credit Union also offers the following business services: business savings accounts, mobile and online banking, as well as business, SBA, and commercial real estate loans. They currently do not offer business money market accounts, business credit cards, and wealth management services. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||x|
|Business Line of Credit||✓|
|Business Credit Cards||x|
|Commercial Real Estate Loans||✓|
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