Business

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:

Loans to help your business grow; GFA is also an SBA Preferred Lender
Business Checking Accounts with low fees;
Remote Deposit- save time and money depositing checks from your office;
Sweep Accounts to help you maximize your investments;
CU@Work programs so your employees can save as easy as 1-2-3;
Health Savings Accounts that allow your employees to maximize their high deductible health plans while controlling your benefit costs;
IRA/SEP programs so you can help to ensure your employees' financial security;
An entire Suite of Solutions to assist in your employee recruitment and retention
Corporate Credit Cards to help you travel worry free; and
Merchant MasterCard/VISA Programs so your business can accept VISA and MasterCard.

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	$200.00	$500.00	$500.00
Earns Interest	No	Earnings credits available to offset charges.	Yes
Monthly Maintenance Fee	$7.50	$15.00	$0.00
Items Paid	Under 100 checks per month = free Over 100 checks per month = $0.12 per 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	Yes	Yes	Yes

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 and with an investment of just $20/month, you’ll see that this solution easily pays for itself.

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.

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