Innovator Business Checking

For organizations with limited monthly transactions.

Free deposits/checks: 50* per month

Free cash deposits: Up to $5,000** per month

*Number of deposited items and written checks per month free. $0.15 per item thereafter.
**First $5,000 free - $10 per month if $5,000 is exceeded.

Explorer Business Checking

For growing businesses with higher transaction counts.

Free deposits/checks: 100* per month

Free cash deposits: Up to $10,000*** per month

*Number of deposited items and written checks per month free. $0.15 per item thereafter.
***Amount of cash deposits per month free. $0.05 per $1,000 thereafter.

Voyager Business Checking

A complete business checking solution for larger businesses.

Free deposits/checks: 250* per month

Free cash deposits: Up to $25,000*** per month

*Number of deposited items and written checks per month free. $0.15 per item thereafter.
***Amount of cash deposits per month free. $0.05 per $1,000 thereafter.

IOLTA Trust Checking

Available for lawyers to manage client funds temporarily.

Business Services and Loans Fees and Charges

Business Share

All business members start with a business savings account. This account is ideal for businesses to set money aside, or as a main account for small businesses that do not need to write checks. For either purpose, your money is working for you.

Business Subsidiary Savings

If you’re a business owner in search of a secondary share savings account, look no further. A Business Subsidiary Savings Account can help your business thrive. 

Business Money Market Account

The Business Money Market account's tiers help maximize your investment dollars. You benefit by keeping your money in a liquid savings account that earns a higher rate. 

Business Certificates of Deposit (CDs)

No matter what size your business, our CDs can fit your savings plan. CDs offer better rates than typical savings accounts, but require an investment of time.  

Business Services and Loans Fees and Charges

Small Business Lines of Credit

Balance your cash flow needs with this ready source of short-term funds. A line of credit can be unsecured or secured by equipment, vehicles, business assets and more.

Small Business Vehicle Loans

Use our Small Business Vehicle Loan to buy transportation for your business. Whether you're moving products, supplies, or people, we've got you covered. 

Small Business Specialty Vehicle and Equipment Loans

These loans help you purchase equipment that will eventually pay for itself. Purchase machinery, specialty vehicles, or equipment that can increase your revenue. 

Business Credit Cards

Business owners face a new set of opportunities — and challenges — as they grow their businesses. That’s why we’ve made tracking expenses easier with NWCU’s Business Visa card.

Individual cards may be issued to key personnel, each with different credit limits. Each month, your Business Visa statement provides detailed expense and tax information to help you monitor spending and improve your bottom line. You can even track your expenses online and set up your account to produce only the reports you need.

Visa credit limits range from $5,000 to $50,000. There is no annual fee, and you’ll enjoy a variable rate on purchases and a fixed rate on cash advances.

Questions about Small Business lending solutions? Email us. 

Whether you're purchasing a building or refinancing an existing loan, we're here to provide you with flexible terms and competitive rates and fees. 

Every real estate transaction is unique. We can structure the loan according to your financial needs by smoothing out the commercial real estate loan process, no matter whether you're just buying a building or refinancing an existing owner-occupied loan or an income-producing commercial property. 

Questions about our Commercial Lending solutions? Email us. 

Business members are automatically enrolled in the personal level of eBanking services, but business eBanking has a few extra options:

Enroll in Business eBanking

Give us a call at (800) 452-9515 and have this information ready: 

• Business Name
• Business member number
• Preferred contact email
• Physical address of business

Enroll in Payroll (ACH)

To use ACH and payroll services, we   may need you to provide financial information to qualify, such as a few   years of tax returns or bank statements.

For ACH-related  questions  (limit increases, additional accounts, etc.) please call  Business  Services at (800) 452-9515 extension 9517 during the hours of 8  am – 5  pm PST, Monday through Friday. You can also email   BusinessServices@nwcu.com.

How we Can Help Your Industrial Hemp Business

We understand the difficulties you face with obtaining financial services and we want to help. NWCU can offer you business savings and checking accounts, along with access to online banking.

Want to learn more or get started? 

See How to Apply to Our Industry Hemp Program

Have a Question about Our Program?

Get Started with TMC Now

Digital Business Deposits

If  your business requires a large number of check deposits or you make  frequent deposits, Digital Business Deposit allows you to make check  deposits easily from your office or other remote locations.

Business Remote Check Deposit Terms and Conditions

Mobile Business Deposits

Quickly  and easily deposit checks into your account with your phone. Mobile  Business Deposit is perfect for businesses that deposit a low number of  checks.

Get your business documents filed and registered accurately through the Secretary of State and IRS. Whether you want to form as an LLC or need a tax ID, our partners at MyCorporation will handle it for you. NWCU does not provide legal, tax, or business planning advice. Contact a licensed attorney or tax professional for advice.

Incorporate as an LLC or Corporation

Forming as a Limited Liability Company (LLC) or corporation allows you to:

• Protect your personal assets
• Save money on taxes
• Build credibility for your business

Learn More about Incorporating

Getting your DBA Name

A Doing Business As (DBA) name is an official registration of your business name. A sole proprietor can operate under a name other than their legal name which can have many benefits, including added credibility and professionalism, as well as level of separation or anonymity. Filing a DBA also means a sole proprietor can open up a separate bank account under the business name (requirements vary), allowing your customers can make payments to the business itself, instead of to you personally.

• Accept payments and open bank accounts as your business
• Separate your lines of business
• Get credibility and legitimacy as a business

Learn More About DBA Names

 Obtain an EIN Tax ID

An Employer Identification Number (EIN), or Federal Tax ID, is a unique number assigned to your business by the Internal Revenue Service that is used to identify a business entity, allowing you to file business income tax returns.

Benefits of filing an EIN:

• Allows you to be able to open a business banking account
• The IRS requires that every business have an EIN before hiring employees
• Filing an EIN allows your business to build its credit profile

Learn More About Getting an EIN Tax ID

Operating Agreements

An Operating Agreement is an agreement among LLC members about its business and the rights and duties of its members. No matter what method you choose to form your business, an operating agreement is an important asset and the foundation of any LLC.

Benefits of having an operating agreement:

• Clearly outline the details of your business
• Defines roles and responsibilities of the members of the business
• Helps protect your personal assets

Learn More About Operating Agreements