Business Accounts

Business banking made easy.

Running a business comes with challenges and banking shouldn’t be one of them. We simplify business banking by offering personalized support, practical guidance, and financial solutions tailored to your business goals. Our team works with you to build a solid financial foundation so you can focus on what matters most. 

Jumpstart your business banking today! Discover all of our business account options below. 
 
To help streamline the process of opening a business account, we’ve even prepared a Business Account Document Checklist available in the dropdown menu below. 
 
A straightforward business checking account designed to support your day-to-day operations. Enjoy no monthly fees and a low $250 minimum balance to open, making it easy to manage your business finances with confidence.
 

Launch Checking
Perfect for everyday business transactions, offering a simple and efficient way to manage your day-to-day finances.

Summit Checking
Ideal for businesses with higher transaction volumes, providing the flexibility and features needed to support frequent activity.

Purpose Checking
Designed specifically for nonprofits, with features tailored to support mission-driven organizations and their unique financial needs.


Business Checking Opening Balance Monthly Fees Monthly Paid Items Processing Fee on Items Above Monthly Limit
Launch Checking
$250
None
200 $0.20/item
Summit Checking $250 None
350
$0.30/item
Purpose Checking $250 None None None
Help your business savings grow with competitive rates and easy access to your money. Simple, transparent, and hassle-free savings that work for you.

 

Premier Savings
Our standard business Savings Account is included with your PFCU membership — giving you a solid foundation to build from. Enjoy the full range of member benefits along with dedicated support from our team of professionals. 

Elevate Savings
Whether you are building reserves, preparing for expansion, or strengthening your financial cushion, our high-yield business savings account gives your business the earning power it deserves without unnecessary complexity.


Savings Account
Opening Balance Monthly Fees APY*
Premier Savings $5 None 0.05%
Elevate Savings ($2,500 - $75, 000) $2,500 None 2.75%
Elevate Savings ($75, 001 and over) $75, 001 None 0.85 %
 
*APY = Annual Percentage Yield. These rates may change based on the determination of PFCU's Board of Directors. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. 
A smart option for businesses looking to earn more on their balances while maintaining access to their funds. 

Account APY
$2,500 - 9,999.99
0.55%
$10,000 - 49,999.99 0.75%
$50,000 - 74,999.99 0.80%
$75,000 and over 0.85 %
 
*APY - Annual Percentage Yield. Rates and yields subject to change without notice.
Our Business Certificates offer flexible terms, making them a great option for businesses looking for predictable growth and secure returns. 

Account Term Min. Balance to Earn Dividends APY* Dividends Paid
$10,000 - 99,999.99 3-month Certificate $10,000 3.00% Monthly
$100,000 and over 3-month Certificate $100,000 3.25 % Monthly
$10,000 - 99,999.99 6-month Certificate $10,000 3.25 % Monthly
$100,000 and over 6-month Certificate $100,000 3.25 % Monthly
$10,000 - 99,999.99 12-month Certificate $10,000 3.50 % Monthly
$100,000 and over 12-month Certificate $100,000 3.50 % Monthly
 
*APY =Annual Percentage Yield. Rates are subject to change at any time without notice. Indicated rates are available to qualified Pasadena FCU members. Unless you direct otherwise, upon maturity, certificate will rollover into the closest standard certificate term and at then current rate. Early withdrawal penalties apply, fees may reduce earnings. Yields based on certificates held to maturity. Dividends paid monthly on the account balance. Penalty for early withdrawal on all Term Share Certificates. Federally Insured by NCUA.
 
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.





To open your Business Account, download the application and bring it into one of our branches with your required documentation. 

Want to learn more before you apply? Stop in at a branch, chat with us via our website, or give us a call at (800) 445-7328 to speak to a representative. 

For business agreements and disclosures, click here.