Basic Checking
No frills. Low fees. All business.
An easy way to save for expenses, purchases and strategic initiatives.
You handle enough hard stuff. Let's keep this simple.
Small business owners have plenty on your plate - pleasing customers, managing employees, handling everyday logistics. You can create more time for all of the above with our hassle-free basic checking option.
Easy to avoid monthly fee
Free debit card for fast purchases
Our Basic Checking touches all the bases
Small businesses operate with limited resources and, often, limited staffing. Efficiency is the key to success. Our Basic Checking gives you access to a wide range of tools - from digital banking to multi-tasking debit cards - that allow you to manage money without any extra effort, wasted time or unwanted expenses.
- No monthly maintenance fee if your business keeps a $500 average daily balance
- Up to 50 checks cleared at no charge each month
- Online banking and electronic bill pay
- Mobile banking and mobile check deposit
- Automated phone account access
- Debit card for easy online and in-store purchases
- Access to a nationwide ATM network
- Overdraft protection options available for added peace of mind
Recruit and retain talented employees by providing attractive benefits at no cost to you.
What's Your Journey?
The credit union provides exceptional service and competitive rates on savings accounts, CDs, and IRAs. Thanks to my savings, I've been able to make a down payment on my house and buy a car.
Member Since 1973
CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Maryland and Washington D.C.
- Rates are subject to change at any time.
- The minimum balance to open each share type and to avoid fees can be found in the Truth in Savings Disclosure.
- Fees may reduce earnings.
- Members will forfeit dividends if they close an account before accrued dividends are credited.