Headquartered in Vienna, Virginia, Navy Federal Credit Union is the largest natural member (or retail) credit union in the United States. They have 295 branches and almost 580 ATMs, plus 30,000 CO-OP network locations nationwide and abroad. Their small business offerings include business checking and savings, loans, retirement and insurance services, payroll and merchant solutions, and more. They have an A- BBB rating and generally positive reviews online.
To be eligible to become a member of Navy Federal Credit Union, you must be an active duty member of the Army, Marine Corps, Navy, Air Force and Coast Guard; Army and Air National Guard; Delayed Entry Program (DEP); DoD Officer Candidate/ROTC; DoD Reservists; Veterans, retirees and annuitants; or an immediate family member of current members and those who are eligible for membership.
Navy Federal Credit Union Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||Free for first 30 non-electronic transactions, $0.25 each thereafter|
|Wire Transfer Fee||Incoming (domestic / international): FREE|
Outgoing (domestic): $14.00
Outgoing (international): $25.00
|Cash Deposit Fee||N/A|
|Overdraft Fee||$20 each|
|ATM Fee||Non-Navy Federal Credit Union ATM transactions: $1.00 per transaction|
Navy Federal Credit Union Network
Navy Federal Credit Union has over 295 branches and almost 580 ATMs, located both inside the United States and abroad. In addition, members can make ATM transactions through nearly 30,000 CO-OP Network locations. You can use their branch locator to see what locations are closest to you.
Navy Federal Credit Union Additional Business Banking Services
Navy Federal Credit Union also offers the following business services: business savings and money market accounts, business line of credit and credit cards, as well as commercial real estate, SBA, and business loans. They currently do not offer wealth management services. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
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