Business
Because we’re a local business too, we know this area and its industries.
Wauna Federal Credit Union is dedicated to providing services that meet the financial needs of all individuals within the communities we serve, including the business sector. We understand the vision, passion, and independence that drive entrepreneurial businesses here. Wauna Federal Credit Union desires to play an important role in promoting and encouraging the ongoing vitality of our local economy. Wauna Federal Credit Union realizes there is a financial service need. And, we can help by investing in our community one neighbor at a time, and at a fair and reasonable price.
Business Checking
Wauna Federal Credit Union has elected to offer four (4) Business Checking Account Options (A Real Money Saver):
Sole Proprietorship Checking
A checking account catered to the financial needs of the Sole Proprietorship type of businesses.
Sole Proprietorship Interest Checking
A checking account catered to the financial needs of the Sole Proprietorship checking accounts that maintain a higher balance.
Business Checking
Full service checking designed to meet the needs and styles of small businesses.
Business Interest Checking
Offering the same full business checking services, plus interest/dividend earning power.
A $1,000 Courtesy Pay Amount is awarded to qualifying business accounts.
In addition to a monthly itemized statement, Business Accountholders will receive a Business Account Summary. The summary captures the various account activities and summarizes the cost and earnings of the account.
Wauna Federal Credit Union offers a variety of investment options that will assist a growing business.
All accounts are insured up to $250,000 by the National Credit Share Insurance Fund (NCUSIF), an insurance fund backed by greater reserve strength than all other financial institutions in America. The NCUSIF is administered by an agency of the Federal Government.
Savings Account
Savings Account is not only a great means to make your money grow, it is an efficient money management tool. You can select our automatic transfer option and funds will transfer to your checking account automatically, and at no additional cost.
Money Market Account
A Money Market Account earns the highest dividends possible and still have the ability to withdraw without penalty on withdrawals over $100. The Business Money Market Account tiered rate format provides higher dividends for higher savings balances.
Certificate Accounts
Certificate Accounts are available to fit your business financial needs. Minimum deposit requirements are low, which make even small investments have strong earning power.
Simplified Employment Pension (SEP) IRA Program
Simplified Employment Pension (SEP) IRA Program is another Individual Retirement option for business owners. A SEP plan is an arrangement that divides the employer’s contributions among the employees according to a formula and deposits directly into the participants’ IRA.
Free Services
To compliment Wauna Federal Credit Union’s great deposit and investment services, Wauna Federal Credit Union also offers the following:
- Cash and Coin Orders
- Night Drop
- Federal Tax Deposits
- Drive Thru
- Online Banking
Business Loans
It is quite evident that many large commercial banks are not eager to work with smaller businesses. That is why Wauna Federal Credit Union has created a Business Loan Program to meet this growing need.
With this new program offering, Businesses will benefit from local decision-making and quick-turnaround from experts who understand the unique financial needs of our area and the industries within. We believe in the communities we serve and will work industriously to make sure our local economy thrives by offering financial services that meet their specific needs, such as:
Real Estate
1st and 2nd Commercial Mortgages, including rentals.
Secured Loans
- Titled vehicles and equipment.
- Non-titled machinery
- Equipment
- Furnishing and fixtures
Business Credit
Line of Credit
Advanced line providing purchasing flexibility
Business VISA
Revolving Line of Credit
Merchant Services
VISA Merchant Services
A cost effective and efficient way to accept all major credit card purchases, your business will have access to total support from start up on. Contact your local branch manager for more information.
