Business Services
The My Credit Union Business Services Department works closely with our entrepreneurs and businesses. We combine the personal credit union touch with quality business products and knowledge to help you succeed in all of your business ventures.
From our checking account to VISAs and debit cards ; from SBA and Term loans to a complete line of payment acceptance options from our partner Newtek, My Credit Union has everything your business needs.
- Checking
- Loans
- Debit Cards
- VISA Cards
Business Checking
My Credit Union offers a single Business Checking account that takes into account your Business Checking activity and balance each month, as well as the balances of all of your My Credit Union deposit accounts.
Take a look at the My Credit Union Business Fee Schedule for a detailed list of our checking account fee structure. Compare us to other financial institutions. We're sure you'll soon see that the better deal for your business checking is at My Credit Union.
Organizational Checking (for Qualifying Organizations and Associations)
Qualified organizations pay no service fees for an Organizational Checking account. Though no dividends are earned, your organization will otherwise enjoy the same benefits as our Personal Share Draft Checking account. In addition, My Credit Union logo checks can be ordered free of charge.
Open an Account
Visit How to Apply for My Credit Union Business Checking for more information on what forms you need to fill out and information you need to supply to apply get a checking account for particular business type.
Business Loans & Lines of Credit
Loans and lines of credit are available for equipment, vehicles, building acquisitions or working capital.
Borrowing options include:
- Real Estate loans – For purchase of investment property or other commercial Real Estate. We also offer refinancing on property already owned.
- Term loans – Fixed or variable interest rates with specified terms assist in your capital acquisitions.
- Lines-of-credit – Meet the working capital needs of your business.
- Short-term notes – Designed to meet the short-term needs of your business.
SBA Business Loans
In addition to the loans offered directly through the credit union, My Credit Union member business owners may qualify for a Small Business Administration (SBA) guaranteed business loan.
Business VISA® Debit Card
Make the check writing hassle a thing of the past! This popular checking account addition, offers your business a card that:
- Provides 24-7 account access
- Is accepted everywhere Visa debit is accepted
- Has NO monthly transaction charges
My Credit Union does not charge extra when the card is used to withdraw cash from a cash machine. However, certain cash machine owners will collect a surcharge for their machine’s use. Any such charge will be posted directly to your account with the withdrawal.
Contact us or stop by one of our branch locations to obtain a Business Debit Card Application.
Business VISA® Credit Card
We offer two economical Visa card options, the Business Classic and the Platinum. Both help you save time and money, while simplifying your record keeping. In addition, both cards have:
No Annual Fee- Low, fixed interest rates
- No interest on purchases paid in full within 25-day grace period (cash advances accrue interest from the date of the advance)
Decide upon the type of card that’s right for you and we can arrange to have each of your company’s approved employees receive one. Don’t wait any longer for business credit. Complete your application today! Submit your application online or print it off and bring it into our office.
The Business Platinum Visa includes extra value with:
- Lower, fixed interest rate
- Cash back awards (up to 1% of your purchases)
- 90-day purchase protection
- $5000 or more in available credit for qualified borrowers