Business Services

Your Business, Our Business

Chessie Federal Credit Union has been providing exceptional service for over 60 years. We are now expanding that service to our Business community. 
We know that running a thriving business can be a challenge in todays world, so we have developed business services to help you grow and manage your business. Whether you own a sole proprietorship, small business, partnership or corporation, we offer a variety of business service.

Business Checking-convenient, low cost, 24 hr. account access

Business Savings-prepare for future opportunities with our competitive dividend savings options

Business Loans-multiple loan options with lowest rates and fees

Business Visa Platinum-manage business with our Visa Platinum Credit Card

Business Visa Debit Card-easy debit transactions and 24 hr. account access

Contact: Jack Hughes, Chessie Business Representative, please call 1-800-437-1057 ext. 1145 or 301-777-1781 ext. 1145

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Business Checking

A successful business starts with a solid foundation. Create yours here at Chessie FCU. We give you three Business Checking account options to benefit you and your business.

Business Community Checking are for Non-Profit Organizations/Clubs
Business Basic Checking and Business Interest Checking are for Profit Organizations

 

 

 

Business
Community
Checking

Business
Basic
Checking

Business
Interest
Checking

Opening  Deposit 

$100

$100

$100

Interest Paid

N/A

N/A

Yes*

Average Minimum
Monthly Balance


N/A


$500


$2500

Monthly
Maintenance Fee


N/A


$5**


$15**

Withdrawal
Charge


N/A

$.25 per event over 50

$.25 per event over 100

Returned Item Fee


$20


$20


$20

Overdraft Fee

$30

$30

$30

Debit Card

Free

Free

Free

HomeBanking and Billpayer


Free


Free


Free

Tellerphone
Access


Free


Free


Free

*INTEREST PAID ONLY WHEN AVERAGE MINIMUM BALANCE IS MAINTAINED

**MONTHLY MAINTENANCE FEE WAIVED WHEN AVERAGE MINIMUM MONTHLY BALANCE IS MAINTAINED

Business Account Checklist   
            
Sole Proprietorships 
 
Partnership 
        
Corporations

Limited Liabliity Company (LLC)        
        
Lodge, Club, Associations or Similar Organizations

US Patriot Act Form 

Account information Maryland 
                                       
Account information West Virginia

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Business Loans

Chessie is here to help make the most of your business opportunities. We are ready with many Business Loan options.  Helping your business grow and succeed is our primary goal. We have a team of professionals ready and dedicated to provide prompt personal attention.

Chessie offers a variety of business loans, including lines of credit, term loans and business real estate loans.

Business Lines of Credit
Our lines of credit are the answer to your short term funding requirements. We offer revolving and closed-end credit programs to suit your needs.
Click here to submit your information or call 301-777-1781 ext. 1145 / 1-800-437-1057 ext. 1145

Business Term Loans
Term loans can provide funding for the purchase of equipment, vehicles, inventory or other fixed assets. These loans are secured. These loans are either fixed or variable rates.
Click here to submit your information  or call 301-777-1781 ext. 1145  * 1-800-437-1057 ext 1145

Business Real Estate Loans
For purchasing or refinancing of owner occupied commercial real estate, we offer a number of financing options.
Click here to submit your information or call 301-777-1781 ext. 1145 / 1-800-437-1057 ext. 1145

Business Loan Check List 

Business Loan Questionnaire  

Business Loan Glossary 

Printable Business Loan Application 

Business Debt Schedule


Business Loan Application

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Business Share Savings 

Here at Chessie FCU, we know that your money is very important to you (the member). So we strive to achieve the most competitive rates around. The first account you open when joining is a Business Share Savings Account.

A Business Share Savings Account is an insured dividend-bearing account that is opened with a minimum deposit of $5.00 . This deposit may be added to or withdrawn from as the member chooses. All members of Chessie FCU must purchase a share to begin their membership with the credit union.

A Business Share Savings Account is an excellent tool to help you save and prepare for future business opportunities and possibly unexpected expenses. 

  • $ 5.00 minimum deposit to open
  • No monthly maintenance fee

Dividends are compounded daily and paid monthly

 Rates 

Business Check List 
    
Sole Proprietorship 

Partnership      

Lodge, Club or Association

Limited Liability Company (LLC) 

Corporations

US Patriot Act

Account information Maryland

Account information West Virginia

 

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Business Visa Platinum Credit Card

The Chessie Visa Business Platinum Credit Card is the only card you need to carry. Accepted worldwide, the Chessie Visa Business Platinum Credit Card has the following benefits for you and your business:

No Application fee
No Annual fee
Generous Credit Lines
Variable rate between 5.99% -18.00%
25-day grace period
Cash advances
No Over limit fees
ATM access

Apply today!  1-800-437-1057 ext.1145 Jack Hughes

Business Visa Platinum Application  

Business Visa Platinum Check List

Business Visa Platinum Agreement

View statement now online-Click here

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Business Visa Debit Card

Tired of writing all those checks and want to get back to your business?

If so, do we have a product for you. The Business Visa Debit Card.

Our Business Visa Debit Card gives you a faster, more economical, more convenient way to buy the products and services you need to get back to your business.

Forget having to round up your checkbook, a pen, and two forms of identification. With the Business Visa Debit Card, every purchase is simple. You can use your PIN number for your transactions or you can sign for them. All transactions are detailed on your monthly business checking account statement.

Business Visa Debit Card is accepted anywhere Visa is accepted.

Provides access to over 28,000  surcharge free ATM machines. Look for the co-op network logo. To find an ATM nearest you click on the co-op network. start saving today!!

 

Lost or Stolen Debit Card call  1-800-472-3272

Business Debit Card Application

Terms and Conditions Business Visa Check Card                                                                                

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