Midcoast Federal Credit Union has five branches in Maine and thousands of shared branches and surcharge-free ATMs nationwide. It offers business savings and checking accounts, lending, business bill pay, and mobile check deposit. We compiled Midcoast Federal Credit Union reviews and found that it is rated B- by the Better Business Bureau.
To be eligible to become a member of Midcoast Federal Credit Union, you must meet any of its eligibility requirements.
Ready to get started with Midcoast Federal Credit Union business checking? Apply now.
Midcoast Federal Credit Union Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||250 free processed items per month; 25 cents each thereafter|
15 free bill payments per month; $1 per additional payment
|Wire Transfer Fee||Incoming: $5|
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$28 per item|
|ATM Fee||Nonproprietary ATM transaction fee:|
65 cents per fund transfer
65 cents per account inquiry
Four free ATM withdrawals per month; $1 per withdrawal thereafter
Midcoast Federal Credit Union Network
Midcoast Federal Credit Union has five branches in Maine: Freeport, Brunswick, Bath, Thomaston, and Edgecomb. It is also part of the CO-OP and SURF networks, which provide its members access to thousands of shared branches and surcharge-free ATMs nationwide. You may view its branch locator to check which locations are closest to you.
Midcoast Federal Credit Union Additional Business Banking Services
Midcoast Federal Credit Union also offers business savings and health savings accounts, lines of credit, business equipment loans, and commercial real estate financing. It currently does not offer business money market accounts, credit cards, Small Business Administration (SBA) loans, and wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Business Line of Credit||✓|
|Commercial Real Estate Loans||✓|
|Business Credit Cards||x|
|Small Business Administration (SBA) Loans||x|
|Money Market Accounts||x|
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