Deposit Accounts
Did you know?
Unlike a bank, a credit union is a non-profit financial cooperative.
Business Share Draft (Checking) Accounts
To open a Business Share Draft (Checking) Account, you must have:- A Business Share (Savings) Account
- A $50 Opening Deposit
- You must be at least 18 years old
For additional fees, please refer to LESPFCU Fee Schedule PDF.
Business Share Draft Account Services
Paid Checks Return: If you choose, you may have all the paid checks from the Business Share Draft (Checking) Account automatically returned to the business on a monthly basis for NO EXTRA CHARGE.
Overdraft Protection Line of Credit (OP-LOC): With overdraft protection, your checks (share drafts) are paid, even if you do not have sufficient funds in your Business Share Draft (Checking) Account. You may apply for lines of credit up to $5,000.00. This service is free until you use it. Please see the current Rates for interest rates and fees.
For more information, please contact our member service representatives at (212)529-8197 or lespfcu@lespeoples.org.
