The Cincinnati Police Federal Credit Union offers a wide array of Business Accounts, Loans and services to members. To help you get started, please download our Business Account Requirements which details the documents you will need to open a Business Account.

Business Checking

Cincinnati Police Federal Credit Union offers three types of Business Checking Accounts. Choose the Business Checking Option that works best for your company.

  Small Business Business Edge Business Premier
Minimum to Open $100 $100 $100
Maintenance Fee None $15 per month $25 per month
Average Daily Balance
to Waive Maintenance Fee
N/A $2,500 $5,000
Free Transactions1
(Debits & Credits)
150 250 500
Excess Transactions $.25 $.25 $.15
Dividends N/A N/A N/A
Free Online Banking & Bill Pay Yes Yes Yes
Free Debit Card(s)2 Yes Yes Yes
Free Credit Card(s)2 Yes Yes Yes
Paper Statement Fee $2 per month $2 per month $2 per month
E-Statements Free Free Free

1A transaction includes deposits and other credits, checks paid and other debits, ACH and deposited items.
2 Subject to credit approval.

Business Savings

A Business Savings account is necessary to establish your company as a member of Cincinnati Police Federal Credit Union. With just a $5 deposit, your company can take advantage of all the products, services and benefits of the credit union.

Business Loans

Cincinnati Police Federal Credit Union has partnered with Cooperative Business Services, LLC to provide members with a wide range of Business Loans.

Business Refinance Loans
  • Refinance a business loan from another lender
  • Improve the loan rate and/or terms
Business Term Loans
  • Purchase or refinance machinery or other capital assets
  • Obtain permanent working capital
  • Consolidate debt or purchase another business
  • Fixed and variable rates available
  • Terms up to 10 years
Commercial Real Estate Loans
  • Purchase, Refinance, Construction, Expansion or Renovation of owner-occupied and investment real estate
  • Conventional and SBA financing
  • Fixed and variable rates available
  • Amortizations up to 25 years
  • Flexible terms
Micro-Business Loans
  • Smaller loans for any general business purpose
  • Amortizations up to 25 years
  • Fixed and variable rates based on loan type
  • Reduced closing costs
Revolving Line of Credit
  • Line of credit for working capital needs
  • Variable rates available
Short-Term Loans
  • Loans for any short-term business purpose such as payroll, working capital, etc.
  • Terms up to 360 days
  • Variable rates available

Prohibition Against Unlawful Internet Gambling
Federal law, the Unlawful Internet Gambling Enforcement Act of 2006, and implementing regulations prohibit commercial customers from receiving deposits or other credits of any kind relating to their operation of an illegal Internet gambling business. Cincinnati Police Federal Credit Union is required to enforce this prohibition.

For more information on our Business Accounts and services, call us.