BOULDER, Colo.–Elevations Credit Union has launched a new business banking portfolio with enhancements it said will enable local businesses to thrive.
“The new suite of banking products and services provides simple and straightforward banking, with business and premium checking accounts, business credit cards, business loans, and even a revolving line of credit – all aided by sophisticated technology, like digital access from any device, and world-class service from business banking specialists at Elevations branches,” ECU stated.
“We are excited to launch this expanded suite of business banking options. We listened to the needs of local businesses and heard their number-one concern was making banking easier,” said Ken Bauer, Vice President of Business Lending at Elevations. “This announcement continues to fulfill our goal of providing the personal service, easy-to-use technology and range of products to meet the needs of local business members.”
Elevations said business banking relationship managers provide personalized, high-touch service to help members improve their cash flow, reduce borrowing needs or decide whether a term loan or line-of-credit is best, including quick-turn credit decisions. To make things even easier, business banking relationship managers will visit local businesses on site to help with set-up or discuss ongoing needs, the credit union added.
Elevations said its Business Checking is designed for businesses with lower transaction volumes that don’t need advanced services.
“It combines many popular features into an affordable account with no minimum balance, access to Elevations powerful business digital banking platform, and free business bill pay and eStatements,” the credit union said.
Elevations Premium Business Checking is the flagship business checking product. It allows business members to utilize all of the most advanced services and features, such as ACH origination and remote deposit capture, while earning a market-leading dividend rate on their money.
Elevations said its Business Debit Card gives members access to over 30,000 no-fee ATMs nationwide and fraud protection. Free digital banking gives members 24/7 access to their account from desktop or a mobile device to view balances and loan information, transfer funds between accounts, pay bills, process remote deposit capture, view check images and statements, originate ACH debits and credits, send domestic wires, and more.
Elevations’ new business banking portfolio also includes a variety of loan options with market-leading approval times, competitive rates and flexible terms. Elevations AssetLine revolving line of credit allows business members to convert their valuable assets into funding power.
“Whether buying inventory, paying vendors or supplementing working capital, AssetLine is there to help businesses meet their cash flow needs at a competitive interest rate,” the credit union said. “Elevations also has a team of construction loan professionals with the experience and know-how to help you finance the construction of your next commercial building.”