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Business Non-Profit Checking. Business people meeting in an office.

Be assured your organization’s money is leveraged for the valuable work you do—not for fees and monthly service charges. Whether you need to manage payroll, pay bills, or allocate funds to support your mission, our Non-Profit Checking accounts are the perfect partner for all your charitable endeavors.1

Features and Benefits
  • Minimum opening deposit of $100 or more
  • No minimum balance requirement
  • No monthly service charge
  • No transaction fees
  • Earn dividends on a balance of $50,000 or more
  • Account information is available 24/7 via Online, Mobile, and Telephone Banking

Business Accounts

Type Min Balance To Earn APY Annual Percentage Yield (APY) Annual Dividend Rate (ADR)
Business Member Share $50 0.15% 0.15%
Business Savings $50 0.15% 0.15%
Business Enterprise Checking $25,000 + 0.25% 0.25%
Business Non-Profit Checking $50,000 + 0.50% 0.50%

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What to Expect

To open a Non-Profit Checking account, you will need to have established a CFE membership with a Business Savings account in good standing. Members are then able to apply to open a Non-Profit Checking account in person at any CFE branch.

 


Learn more about CFE business products and services.  

CFE Business Loans

1A non-profit organization is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. Examples of non-profit organizations include charities (i.e. charitable organizations), trade unions, and public arts organizations.


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