Premium Business Checking
PREMIUM BUSINESS CHECKING
The Premium Checking Account is well-suited for convenience stores and other cash-intensive businesses that offer, or intend to offer, services such as ATM operations or activities classified as MSB, including but not limited to the money orders or money transmission services.
Premium Checking Features:
- Minimum daily balance required $1000
- Below balance monthly fee $15
- Monthly account maintenance fee $35
- 500 free Transactions per month
- Every item over 500, charges $0.40 per transaction
- Premium checking accounts no monthly account maintenance fees will be charged subject to, if member maintain $3,500 minimum daily average balance with Nizari PFCU
- Premium checking accounts no monthly account maintenance fees will be charged and 5 monthly outgoing wire fees will be waived subject to, if member maintain $25,000 minimum daily average balance with Nizari PFCU
- Free ATM/Debit Card, Mobile Banking App and Remote Deposit Capture
This account provides the specialized support and flexibility required to efficiently manage high volumes and streamline financial operations. The business must open a separate MSB account solely for check cashing services.
Compare Business Checking Accounts
| Account Type | Simple Checking | Premium Checking | Advantage Checking | Enterprise Checking | ATM Advantage Checking | ATM Enterprise Checking |
|---|---|---|---|---|---|---|
| Minimum Daily Balance Required | $0 | $1000 | $1000 | $2500 | $1000 | $2500 |
| Below Balance Monthly Fee | $0 | $15 | $10 | $15 | $10 | $15 |
| Monthly Account Maintenance Fee | $24.99 | $35 | $19.99 | $24.99 | $9.99 | $14.99 |
| No Fee subject to Monthly Account Maintenance Requirement | $2500 | $3500 | $10,000 | $10,000 | $15,000 | $15,000 |
| No Monthly Fee subject to Monthly Account Maintenance and free Wires | ✗ | $25,000 (5 outgoing wire free) | $25,000 (5 outgoing wire free) | $25,000 (5 outgoing wire free) | $25,000 (5 outgoing wire free) | $25,000 (5 outgoing wire free) |
| Free Transaction Per Month | 10 | 500 | 100 | 250 | 100 | 500 |
| Fee for Each Transaction That Exceeds the Monthly Limit | $0.35 | $0.40 | $0.30 | $0.35 | $0.25 | $0.35 |
| Monthly Analysis Fee if seller of Money Order or Money Transmitter service | ✗ | ✗ | $64.99 | $64.99 | ✗ | ✓ |
| Monthly ATM Analysis Fee | ✗ | ✗ | $10 | $10 | ✗ | ✓ |
| Cash Withdrawal Fee | ✗ | ✗ | ✗ | ✗ | 0.10% | 0.10% |
| Cash Deposits | ✓ | ✓ | ✓ | ✓ | N/A | N/A |
| Teller Service Fee (Change order: currency straps/Coins Rolls/Coins Deposits) | 2% of Total | 2% of Total | 2% of Total | 2% of Total | 2% of Total | 2% of Total |
Getting Started
Please click the appropriate link below to download a business form.
This Credit Union is federally insured by the National Credit Union Administration (NCUA). Learn more about the NCUA here.
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Have a question?
Unlike other financial institutions, we are not open to the general public. Please take time to discover how you qualify. For membership eligibility and other assistance, please call our Member Service Center at 281-921-8500 or send us a message.
