Checking
We understand as a business owner you want to succeed while getting the most out of every hard-earned dollar. That’s why here at St. Anne’s, we offer easy and convenient account access and efficient, knowledgeable service that makes your life easier. With just $5 to open, review the account options below and then book an appointment with one of our experienced business specialists, who will work with you to select the accounts that are best suited for your business.
| Checking Account Options | Small Business Checking for Non-Profit/DBA | Business Checking 1 |
|---|---|---|
| Best for | Small businesses or non-profits who have a basic need for an account with low activity. | Small businesses that maintain a lower balance with simpler checking needs, requiring fewer monthly transactions. |
| Minimum Balance Required to Avoid Fees | $0 | $500 |
| Free Transactions* | Up to 200 transactions, $0.20/transaction over 200 | Up to 300 transactions, $0.20/transaction over 300 |
| Monthly Fee | $0 | $5 waived with $500 minimum balance |
| Cash Management Services | N/A | N/A |
All Our Business Accounts Offer The Following Convenience Services
Free Business Online Banking
Free Mastercard® Business Debit Card with CardValet Service
Free Access to ATMs through the SUM® Network**
e-Statements***
Bill Payment
Telephone Banking
Text Message Banking
Night Deposit Bag
Coin Counting
Wire Services
Zero Balance Sweep
$50 credit towards first check order with St. Anne’s Credit Union
Additional Business Accounts
Business Investment Money Market Account****
Keep your cash liquid while earning generous interest. Our Business Investment Money Market Account features tiered interest rates – the more you have on deposit, the higher your earnings. This account links to your St. Anne’s business checking account, giving you total cash flow convenience.
Business Membership Savings Account****
Watch your savings grow with our interest-bearing Business Membership Savings Account, enjoying convenient access to your money anytime you need it.
*Transactions are deposits, deposited items, checks paid and all withdrawals, including electronic debits. Some services may require additional fees. **Return deposit item fee is $5 per month. ***Other institutions may impose a fee for the use of their ATMs if not part of the SUM® ATM network. ****During any statement period, limited to six withdrawals or transfers to another credit union account or to a third party by means of a pre-authorized or automatic telephone order or instruction made by check, draft, debit card or similar order to a third party. Excessive account activity during the statement period may result in a fee or closure. Fees may reduce earnings.
Business Loans
Our local lending team will take the time to understand your needs and create a financing solution that works for you. Local approval means we won’t slow you down.
Commercial Real Estate
Whether you’re looking to buy, renovate, build, or invest, you can rely on our loan officers to help evaluate your plans and come up with the most realistic and cost-effective solutions for your unique situation.
Construction / Permanent
Real estate loans are available to finance the purchase, renovation, or construction of owner-occupied and investor-owned commercial properties. We have unique expertise in financing commercial real estate construction. Our rates are competitive, and we will work closely with you to ensure that the entire process goes smoothly.
Term Loans
When you need funds to help grow your business, we can help, whether it’s for capital improvements or equipment, refinancing existing debt, or working capital. Term loans are flexible and can cover a wide range of borrowing needs.
Revolving Lines of Credit
A line of credit is the perfect way to manage your company’s short-term funding needs. Use it for seasonal cash flow or for business expansion.
Convenience Services
We put your business first with convenience services that save you time. At St. Anne’s Credit Union, we understand every business is looking for ways to save time and money. That’s why we offer banking services that make managing your money faster, easier and more convenient – including online and remote services that let you bank anytime, from anywhere. So you can stay focused on what matters most: running your business.
Online Banking & Bill Payment
Connect with your business accounts from home, work, or on the road. Log in to view your accounts, transfer funds between accounts, and place stop payments. Plus, you can designate who else can access your account and at what level. Visit one of our offices to sign up today.
e-Statements
With Business Online Banking, your account statements are available online, anytime, at your convenience. Protect your business with an additional layer of protection by signing up for e-Statements. Once enrolled, you can log in, and with just a few clicks, you can download and store up to 18 months of statements, including images of canceled checks, electronically. For additional information about e-Statements, please contact us.
Additional Services
FREE Telephone Banking
Whether you’re at home or on the road, you can check balances, transfer funds, and access account information from any touch-tone telephone. Simply dial 1-800-258-8484 and follow the prompts.
Wire Transfer Service
Use our wire transfer service for your incoming and outgoing transfer of funds. If you are planning to make a major purchase with wired funds from your St. Anne’s account, please speak to a Team Member. All transfers in excess of $10,000 must be set up in person in advance.
Other Services
We also help you take care of business with a variety of convenience services, including:
Night depository
Money transfers