BECU offers a range of business products and services, including checking and savings accounts, loans, credit cards and more. Their business accounts are easy to set up and manage.
They offer competitive rates and fees, and their services are available online and through the BECU mobile app. They also have a nationwide network of ATMs.
Access to a network of over 30,000 ATMs
If you’re a small business owner or manager, you know how important it is to be able to access your money. With a business account from becu, you can do just that at any time and place.
BECU offers its members access to a network of over 30,000 ATMs nationwide through the CO-OP Financial Services ATM locator. These are convenient places to withdraw cash, make deposits and check your balance.
Additionally, BECU members can also complete regular teller transactions at partner credit union locations across the country through Shared Branching. BECU’s Tukwila and Everett locations are part of this network, giving members access to basic teller service at more than 200 locations around the country.
With a becu business account, you’ll have access to a variety of savings and loan products designed to meet the unique needs of your business. This includes Business Member Share Savings accounts that offer competitive interest rates and no monthly maintenance fees, as well as a number of fixed-rate certificates of deposit (CDs) for long-term investments.
For more information about BECU’s business products, visit the BECU website or contact a BECU representative. The credit union offers 24/7 customer service, a wide range of loan options, and a number of resources to help you grow your business.
You can also use BECU’s mobile app to access your account remotely from anywhere in the world. This allows you to check your balance, transfer funds between business and personal accounts, and even make a mobile deposit from your iPhone or Android device.
You can also import your BECU account transactions into a number of popular accounting software programs or financial apps. BECU has put together a how-to page that answers many of the most common questions about how to do this.
No monthly maintenance fee
One of the coolest features of the becu business account is that it offers a no monthly maintenance fee on your favorite checking and savings accounts. This can save you a bundle and is a hugely effective incentive for you and your employees to stay on top of their game.
BECU also boasts a full slate of business offerings, including the best credit cards for small business owners. In addition to the obvious business checking and saving accounts, they offer a wide array of business loans such as lines of credit, term financing and even commercial real estate and equipment loans for the more serious business.
The best way to make sure you’re getting the most out of your becu business accounts is to research your options and find out which ones suit your needs and budget.
No minimum balance requirement
A business account with BECU doesn’t have a minimum balance requirement like many bank accounts do. In fact, you can open a small business checking account with as little as $1,000. You can also get a small business savings account with interest rates and no maintenance fees.
In addition to the aforementioned savings and checking options, BECU offers business loan programs. These include a business line of credit, term loans and reasonable equipment financing. You can also choose from a variety of business credit cards with low interest rates and rewards programs.
You can also take advantage of BECU’s free online and mobile banking services. The website is easy to use and provides all the features you need to manage your accounts from any device. You can even deposit checks from your computer or cell phone and transfer funds between BECU accounts.
Choosing the right business bank may be one of the best decisions you make for your business. It’s important to do your research and look for an institution that has fewer fees, better rates and better customer service. You’ll be happy you made the switch if your business enjoys a higher level of satisfaction and is better off overall.
Competitive interest rates
BECU business account offers a wide range of competitive interest rates. Members can choose from checking, savings and money market accounts without maintenance fees or minimum balance requirements. The credit union also offers certificates of deposit and individual retirement accounts. BECU’s annual percentage yields aren’t the highest in the industry, but they’re fairly good. APYs on Member Advantage and Youth Savings are 0.50% and 2.02%, respectively, and APYs on Money Market and CDs are in line with most financial institutions.
The bank also offers a variety of loan products, including business and commercial loans. They are available to BECU members only, and you’ll have to meet a few criteria to qualify. You can apply for a BECU business loan to cover expenses like paying for equipment, furniture, or other business essentials. You can also take out a BECU business line of credit to help you better manage your cash flow and make large purchases.
BECU is Washington state’s largest credit union, with over $20 billion in assets and a million members. It was originally created as a credit union for Boeing employees, and it has expanded to offer services to the public. However, BECU’s personal loan and credit card rates are higher than those of some other lenders.
24/7 customer service
BECU’s 24/7 customer service can save you from having to wait for an agent or pay a visit to the local branch. Members can reach out to the credit union by phone, live chat or messenger when they have a question about their account. Additionally, they offer bill pay and money transfer services that can be accessed via their online banking platform.
In addition, BECU offers a range of other financial products and services that are designed specifically for businesses. This includes checking and savings accounts, credit cards, loans and more. It also boasts a strong employee satisfaction score. BECU is a good choice for any business looking to open a new account. However, it’s important to read through their eligibility requirements before making a decision.