Insurance Services Financial Planning







GFA Means Business

If you run a local business and need the support of a strong financial partner, you have come to the right spot. GFA Federal Credit Union offers a wide range of services for businesses, including:

A Business Development Officer will personally help you with all of your financial needs - Call us at 978-632-2542 for details or more information on any of GFA's Business Services.

Business Checking Accounts

We offer three types of Checking Accounts that are sure to meet your needs. Each one is very affordable.

  Small Business Checking Member Business Checking Non-Profit Checking
Business Type For Sole Proprietorships and DBAs. For Corporations. For Non-Profit Organizations.
Minimum Balance
to Open
$25.00 $100.00 $25.00
Earns Interest No Earnings credit available* Yes
Monthly Service Charge $0.00 $15.00 $0.00
All Items Paid < 100 items/month = free
> 100 items/month = $0.12/item
$.12 per item Free
Deposit Fee $0.00 $0.75 per deposit $0.00
Coin and Currency Services Yes Yes Yes
Night Deposit Service Yes Yes Yes
ACH Origination available Yes Yes Yes
*Earnings Credit is calculated using the prior month average three-month constant maturity Treasury rate, as published in
Federal Reserve Publication H.15 - "Selected Interest Rates". Rate changes the first Tuesday of each month.

Member Business Lending

Whether you are looking to make a purchase, refinance your current obligations or expand your business operations, look to GFA for great rates and as your partner to help support your business and cash flow needs:

  • Real Estate Loans
  • SBA Loans- GFA is an SBA Preferred Lender with SBA Top Lender Status
  • Equipment
  • Term Loans
  • Lines of Credit
  • Short-Term Financing

Remote Deposit

With our Remote Deposit solution, you can scan and deposit your checks without having to leave your office. Using any TWAIN compatible scanner, with our easy to use software, you’ll gain a highly cost-effective and secure way of depositing your customers’ payments.
Here’s an example of how you may currently handle check payments:

1.  Providing great service, you accept checks from your customers.

2.  Now you or your employee has to make a trip to a GFA branch.
3.  Your employee heads to our branch and makes your deposit.
4.  Then maybe they stop to get a coffee or run some other errands.
5.  Before long, this quick trip out of the office has turned into an hour!

And how many deposits does your business make in a week— 1, 2 or even more? The cost in time and lost productivity adds up quickly. Remote Deposit can help you significantly reduce these costs. 
Contact us today for more information or to schedule an onsite demonstration of Remote Deposit.

Merchant MasterCard/VISA Program

Let GFA Federal Credit Union support your business with its Merchant Services. When it comes to offering your customers the ability to pay by Credit, Debit and ATM Cards you should partner with the best. With our experience and dedication to excellence we can design a program that will allow your business to succeed.

Business Suite of Solutions

The recruitment and retention of quality employees is key to the long-term growth and prosperity of any organization. It is often heard that, "Our people are our most important asset." Today, many employees are looking long and hard at the package of employee benefits as a key reason for joining and/or remaining with a company.

With the many different benefits that comprise the "benefits package", and the many different options that each benefit has, it has become an increasingly difficult process to manage. We know that most Human Resource departments are extremely busy, if not overwhelmed with the task of deciphering among all the options available to their company and employees.

That's why GFA is proud to introduce our Business Solutions Package which can offer you:

  • Cost-Benefit Analysis of your Current Programs
  • Business Financial Analysis

As well, GFA can be your "one-stop shop" for any or all of your employee benefit needs:

  • Hiring/Placement Tool
  • Health Insurance
  • Dental Insurance
  • Direct Deposit
  • Affordable Banking Options
  • Financial Planning
  • Long-term Care Insurance
  • Retirement Benefits and Planning
  • Life & Disability Insurance
  • Auto & Homeowner's Insurance

To learn more about any of GFA's Business Services, contact our Business Services Department at 978-632-2542.

Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful Internet gambling means to “place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made”.

As a member of GFA Federal Credit Union, these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so in order for your account to remain open.


Norton Secured Equal Housing Lender Member MSIC Sum ATM NCUA
Federally insured by NCUA