Simple. Strong. Built for what you’re building.

At Ellafi, we know that running a business is more than a daily hustle—it’s a mission. Whether you’re just launching your dream or keeping things steady and growing, you need a checking account that works as hard as you do. Our Business Checking Account is designed to be simple, transparent, and supportive—so you can focus on your goals, not your fees.

Why Ellafi?

We’re not a bank. We’re a credit union with a mission—to empower women and those who stand with them. That means when you open a Business Checking Account with Ellafi, you’re not just getting a place to manage your money. You’re getting a financial partner who sees your vision and is ready to support your journey with clarity and care.

Checking Account Benefits

  • No monthly maintenance fees
  • No minimum balance requirement
  • Access to 30,000 fee-free ATM's nationwide
  • Free online and mobile banking
  • Easy-to-use account management tools with Wellness+
  • Access to local, personalized support
  • Perfect for startups, side hustles, freelancers, nonprofits, and small businesses

Whether you’re paying vendors, managing cash flow, or simply keeping your operations organized, Ellafi’s Business Checking keeps it simple—so you can keep moving forward.

Why Open a Business Checking Account?

A dedicated business account helps you:

  • Separate personal and business finances
  • Streamline tax time with clearer record-keeping
  • Build credibility with clients and vendors
  • Access business financial services more easily (like loans)
  • Stay organized and professional as you grow

 

What You’ll Need to Open a Business Account

Opening a business account at Ellafi is simple — and we’re here to make the process as smooth as possible. To help you get started, we’ve put together a handy Business Account Opening Checklist that outlines the documents and information you’ll need to open your account.

Whether you’re launching a new business or moving your accounts to Ellafi, this checklist will guide you step-by-step so you can come prepared and save time.

This checklist includes:

  • Required documents based on your business type
  • Identification requirements
  • Tax and licensing information
  • What’s needed for additional authorized signers

Download the Business Account Opening Checklist

If you have any questions or want help gathering the right documents, our team is happy to assist. Let’s build your business—together.

 

Ready to Get Started?

To open a Business Checking Account, contact us or visit a branch near you.
We’ll help you get set up and make sure you have everything you need to succeed.


Digital Wallets

Apple Pay, Samsung Pay and Android Pay Icons

Ellafi FCU offers a variety of mobile payment options to help add security and simplicity to your life—and we are constantly adding even more options. For instance, your debit card lets you make payments from your checking account via:

  • Apple Pay
  • Google Pay
  • Samsung Pay

Learn more about Digital Wallets


Everyone is different, and that impacts how you handle money. With Enrich Financial Wellness, simply answer a few quick questions and the platform will build a personalized action plan to enhance your money management skills. Enrich Financial Wellness is free for all Ellafi members! When you sign up, you gain access to:

  • Woman financial educationFinancial recommendations tailored to you
  • Suggested content on everything from budgeting to saving for retirement
  • An analysis of your money personality
  • Video tutorials with easy, everyday money tips and tricks
  • In-depth financial courses with progress tracking
  • And more!

Sign up and start learning in less than 10 minutes.

get started


Make an appointment with our team in the branches!

Do you have questions about your account? Do you need to apply for a loan or a credit card?

If you schedule an appointment online, you can choose the time and date that works best for your schedule to come into a branch. You can avoid waiting in the lobby when you need financial help.

Make an Appointment


More Ways to Grow with Ellafi

Explore our Business Savings Account and Small Business Loans options—all designed to support women and those who believe in bold, meaningful leadership.

 

Ellafi Federal Credit Union Membership Area Includes:

  • Branford
  • Cheshire
  • Chester
  • Clinton
  • Cromwell
  • Deep River
  • Durham
  • East Haddam
  • East Haven
  • Essex
  • Guilford
  • Haddam
  • Higganum
  • Killingworth
  • Madison
  • Meriden
  • Middlefield
  • Middletown
  • North Branford
  • North Haven
  • Old Saybrook
  • Portland
  • Wallingford
  • Westbrook

Become a Member