@acreditdummy123 wrote:Or is it better to just stick with chase, bank of america, the big banks, etc? Thanks!
I've only tried one credit union for business banking, NFCU, and it's horrible. But there are lots of different credit unions out there, so I wouldn't generalize from that.
It might depend on what kind of business you're in.
In my case, I'm happy as a clam with Chase.
@acreditdummy123 wrote:thank you very much! I have a personal checking with NFCU and can concur they're terrible and slow lol
Actually I'm satisfied with their personal banking 
It's only their business banking that I find to be horrible
@ThomasJNewton wrote:
@SouthJamaica wrote:I've only tried one credit union for business banking, NFCU, and it's horrible. But there are lots of different credit unions out there, so I wouldn't generalize from that.
What issues have you had with them? What is your business? Are you an LLC, an S-Corp or C-Corp? I have worked with two companies that used NFCU and neither had any issues. Have had personal issues with them, but they are close and not terrible.
It might depend on what kind of business you're in.
That is very likely. NFCU, for example, is very restrictive as to what business they will take and the every principal must be a member.
In my case, I'm happy as a clam with Chase.
What order of magnitude of money do you run through your account? What do you pay in fees with Chase? Do you have a business line of credit with them? The larger your company is, the better someone like Chase would be a good match.
As I have previously posted in this forum, I've found their paperwork too lengthy and intrusive, their customer service reps entirely unhelpful and brittle and anxious to say no rather than yes, their rules and restrictions too limiting.
As to the details of my business I choose not to discuss that here.
what about credit unions that are ok with a sole prop - i think navy federal, which i have, doesnt accept a sole prop business for their biz checking and biz credit products
@Citylights18 good to know - question for you , i know in my state your not required to get a business license unless your sole prop is under a different name other than your own .... is your sole prop under your name ? if so did you still get a business license? and if no business license , what did you tell the reps when they asked for one (i really love nfcu and would love to start a business account with them but i dont know what to do about this business license they require since my business is under my own name, no dba - sorry for all the questions)