Business & Non-Profit
Reduce your stress and let TFCU help send your payroll distributions. You will provide TFCU with the lump sum in your account and signed agreements from your employees to receive the direct deposit. TFCU will follow your instructions to send direct deposits to your employee’s accounts. This is a payroll distribution process only, TFCU does not complete tax filings, payments, or calculations regarding payroll services.
Fees: There is a fee. Ask us for details.
Larger businesses benefit from the ability to move money between different financial institutions. TFCU offers a solution for qualified business members to have access to complete their own ACH transfers.
Fees: The member business will be responsible for purchasing tokens to complete the transactions. There will be other fees associated with the service as well, such as an internal verification fee. Ask us for details.
- Domestic Wires
- Foreign Wires
- Business Debit Card
- Business Online Banking
Other services offered through TFCU Partner Newtek:
- Merchant Services
- Business Insurance
- Full-Service Payroll Processing
Subject to the terms and conditions detailed in the Guide to Beneﬁts. Participating merchants on BaZing are not sponsors of the program, are subject to change without notice, may not be available in all regions and may choose to limit deals.
2 Insurance products are: NOT A DEPOSIT. NOT FEDERALLY INSURED, NOT AN OBLIGATION OR GUARANTEED BY THE CREDIT UNION, ITS AFFILIATES, OR ANY GOVERNMENT AGENCY.
3 Identity and credit monitoring require additional activation for monitoring to begin.
4 Rate rebates are paid back to the loan as a payment on the last day of each month. The amount paid back is reduced from the overall annual percentage rate. For example: if the annual percentage rate is 3.00% then 0.25% of that would be rebated back to the loan as a payment. The monthly rebate will fluctuate based on the balance of the loan.
5 Based on approved credit.