Empower Your Business to Do More

Plus, for a limited time, you could earn up to $1,000!1

Is your current account working as hard as you do?

With Business Banking from Citadel, you can reduce operating costs with a complete package of checking and cash management solutions. Plus, now through November 30, 2024, you'll earn up to $1,000 with qualifying activities.1

Choose the Business Checking account that works as hard as you do, and streamline your payment solutions with customizable add-ons:

  • Credit card processing and POS systems with merchant services provided by Clover
  • Send and collect payments and receivables with ACH Origination2
  • Full service, automated payroll & HR solutions, provided by Paychex
  • High-speed desktop check scanners for remote deposit capture3

Compare Business Checking Accounts

Elite Business Checking

Elite Business Checking

More transactions per month so you can get more done

•  Up to 500 free transactions per month4

•  Multiple ways to waive the $15 monthly fee5

checkmark iconEarns Dividends

checkmark iconOptional savings sweeps6

•  50% discount on first order of checks

checkmark icon Free Debit Card

checkmark icon Free Transactions at Citadel ATMs

checkmark icon No Foreign ATM Fees from Citadel7

•  Earn up to $1,0001

Read Full Disclosure
Essential Business Checking

Essential Business Checking

Designed to help your business build financial strength

•  Up to 200 free transactions per month4

•  No monthly fee or balance requirement

null iconNo Dividends

null iconNo optional savings sweeps

•  25% discount on first order of checks

checkmark icon Free Debit Card

checkmark icon Free Transactions at Citadel ATMs

checkmark icon No Foreign ATM Fees from Citadel7

•  Earn up to $3001

Read Full Disclosure

How to earn up to $1,000:1

Open an Elite Business Checking Account:

  • Earn $450 - when you open your Elite Business Checking Account with new money deposits of $25,000 in the first 30 days and maintain a $25,000 daily balance from days 31-901
  • Earn $300 - when you enroll in merchant services, payroll solutions, or ACH Origination and complete your first deposit or transaction within 90 days1
  • Earn $250 - via rebate on Clover devices when you set up new merchant services*

...for a total of $1,000!

Or, open an Essential Business Checking Account, and earn up to $3001 when you:

  1. Make new money deposits totaling $2,500 or more within the first 30 days of account opening
  2. Complete a minimum of 10 debit card purchases within the first 90 days

Ready to get started?

To get started and open an account, fill out the form below and a member of our Business Banking team will be in touch soon.

By providing your information below, you consent to our contact policy. Disclaimer: By providing your contact information, you consent to receiving calls and/or text (“SMS”) messages from us including those made by use of an automatic telephone dialing system (“ATDS”) about our relevant content, products and services. Standard messaging & data rates apply.

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Why Choose Citadel?

Citadel is a not-for-profit credit union that exists to serve the people, businesses, and neighborhoods of Greater Philadelphia, so they can prosper. We offer a full suite of Business Banking accounts and services to help build financially strong businesses that directly influence and care for our communities.

Learn More

Citadel Credit Union Business Checking Accounts: All standard account requirements apply. Information accurate as and subject to change without notice. All rates expressed as Annual Percentage Yield (APY). Fees may reduce earnings.

1 Earn Up to $1,000 - New Account Cash Bonus & Rebate Offer: Earn a $450 cash bonus with new money deposits of funds not currently on deposit with Citadel totaling $25,000 or more within the first 30 days (internal transfers excluded) and maintain a $25,000 daily balance for the remaining 60 days after account opening. After meeting these requirements, earn an additional $300 by enrolling in one of Citadel’s Cash Management Solutions; Merchant Services, Payroll Services or ACH Origination and complete your first merchant deposit or first transaction within 90 days of account opening. Once you meet these requirements, and your checking account has been open 90 days, your bonus(es) will be paid within 10 business days.

*Additional $250 Cash Rebate from First Data Merchant Services, LLC is applied for new qualified Citadel merchant members - Promotional offer expires November 30, 2024. This offer is available for qualified Citadel Credit Union merchant services members who have not had a merchant services account processed by First Data Merchant Services, LLC within the last six months. New accounts are subject to standard credit approval and underwriting requirements. A $250 rebate applies to Clover devices valued more than $250. Rebate will be initiated to the merchant’s account within 60 days after the merchant’s account is activated. To be eligible for the rebate, the merchant must: (1) have a minimum processing volume of $100,000 annually; (2) must be credit approved between 6/1/2024 and 11/30/2024; (3) activate account by submitting a batch of $25 or more in sales within 30 days of approval date; and (4) sign a merchant processing agreement. Additional fees apply to certain Clover app’s software components, services and activated accounts. Only one offer per eligible business tax ID. Eligibility is at the sole discretion of First Data Merchant Services LLC. Early termination fees apply. Offer not valid with any other offer and subject to change without notice. Terms and conditions apply per the merchant processing agreement.

© 2024 Clover Network, LLC. The Clover name and logo are registered trademarks owned by Clover Network, LLC and are registered or used in the U.S. and many foreign countries. Use of Clover requires a Merchant Processing Agreement. All trademarks, service marks and trade names referenced in this material are the property of their respective owners.

$300 Cash Bonus: Open a new Essential Business Checking account. Earn a $300 cash bonus with new money deposits of funds not currently on deposit with Citadel totaling $2,500 or more within the first 30 days (internal transfers excluded) and complete a minimum of 10 debit card purchases within the first 90 days.

Bonus deposit(s) will be automatically deposited into your Citadel checking account if the account is in good standing at time of incentive processing. The value of this bonus will be reported to the IRS and the recipient is responsible for any federal, state, or local taxes on this offer.

New account cash bonus offer available to qualified new business checking customers only. Customer must not have closed a Citadel Business checking account within the last 12 months and/or previously received a checking new account bonus. Limit of one business checking bonus per business. Offer may not be combined with any other new account offer. New account cash bonus offer expires November 30, 2024, and may be modified or withdrawn at any time.

2 ACH Origination: To take advantage of our ACH Origination Services, you will need to maintain your funding account with Citadel Credit Union and enroll in Citadel Business Online Banking. This account is subject to the terms disclosed in Citadel’s Commercial Agreements & Disclosures, Commercial Fee Schedule and Commercial Rate Sheet including a monthly fee for Business Online Banking.

3 Desktop Remote Deposit Capture: Enrollment requires a separate purchase of a scanner - see Business Banking representative for details.

4 Free Transactions: Transactions are defined as any checks paid, withdrawals, deposits, debit card transactions, and ACH debits and credits. Elite Business Checking: First 500 transactions each statement cycle are free. Any transaction thereafter incurs a $0.25 fee per transaction. Essential Business Checking: First 200 transactions each statement cycle are free. Any transaction thereafter incurs a $0.25 fee per transaction.

5 Elite Business Checking Account: This account is subject to a Tiered Variable Rate. You must maintain a minimum daily balance of $5,000.00 in your account each day to obtain the disclosed annual percentage yield. You will earn dividends for every day during the period that your account balance equals or exceeds the minimum daily balance requirements. You must maintain an average daily balance of $5,000.00 in your account during each dividend period, or maintain a business account relationship of $25,000.00 [combined total of the average daily balance for the dividend period for each of Your deposit Accounts plus month end investment account balances, or enroll in Citadel Merchant Services and receive at least one Merchant Services deposit during a calendar month], in order to avoid a $15.00 monthly maintenance fee.

6 Savings Sweeps: Only available with an Elite Business Checking Account. Checking account must be connected to a Business High Yield Savings account or a Business Money Market account and maintain a minimum balance of $10,000 in the Elite Business Checking account.

7 ATM transactions at non-Citadel ATMs may be subject to a surcharge from the ATM owner.

©2024 Citadel. All rights reserved. Federally insured by NCUA.

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