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;
- Sweep Accounts to help you maximize your investments;
- CU@Work programs so your employees can save as easy as 1-2-3;
- 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 |
| TT&L Payments | 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
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.
