Whether you’re just starting out or are a seasoned business owner, it’s important to know what business services are available to you. At Del-One Federal Credit Union, we believe that business banking is just like any other business partnership. We strive to be the top business bank in Delaware by providing top-notch services for business bank accounts.
Finding the Right Financial Institution
There’s more than just finding the lowest fees or best rates when considering top business bank accounts. Finding a financial institution that provides time-saving services is just as important. Whether you’re looking for high limit business checking or the best small business checking account, see what other products and services the bank or credit union offers.
A common misunderstanding is that credit unions don’t offer as many products and services as big banks do. At Del-One, we can proudly share that we provide the same things as big banks do, but we also provide local, friendly service. Plus, we’re all part of the same community, so we personalize our services to watch our neighbors grow. Here, we offer:
- Checking solutions for all types of businesses
- Check monitoring presented for payment with Positive Pay
- Online wire service
- Online banking & bill pay, eStatements and phone banking
- Business debit cards
Defining Different Business Products and Services
While many definitions of personal and business products and services overlap, there are some subtle differences or considerations to take into account. By finding a financial institution, like Del-One, that offers a wide range of business accounts and services, you streamline recordkeeping and strengthen your banking relationship. Here are the most used business accounts and services:
Business Checking Accounts: There are many different types of business checking accounts, each with different services to help meet your unique needs. Business checking accounts often have limits to no-fee transactions to encourage higher account balances.
Business Savings Accounts: These often offer higher interest rates than personal savings accounts, due to higher balance requirements. At Del-One we have several options, including an account with no monthly maintenance fee and no minimum balance.
Business Loans: Finding a financial institution that also offers business loans helps streamline your banking if you need additional funding. Also, by having an established relationship, you’re more likely to get approved for what you need.
Business Credit Cards: Find an institution that offers business credit cards so you can help your business build credit. This also helps separate your personal and business finances and allows you to add employees as authorized users.
ACH: Enjoy the convenience of delivering funds electronically through the Automated Clearing House (ACH). This alternative to paper checks can bring your business increased efficiency and decrease costs with fewer check processing charges.
Positive Pay: Protect your business from check fraud with Positive Pay. Del-One FCU will compare checks that are presented for payment against your check issue file and notify you of any suspicious items. This way you can review and return fraudulent checks.
Wires Transfers: Del-One offers domestic wire service available through Online Banking. Wires are secured by using dual controls for approvals.
Mobile Deposit: Save time by depositing checks electronically and securely from your office, or while traveling.
Online Banking: Save a trip to the bank and control your finances from the palm of your hand. With 24/7 accounts access, you can monitor your accounts whenever you need to, in any time zone.
Find the Right Checking Account for Your Business
A lot of your business transactions will be done through your checking account, so it’s important to find one that fits your business. Think about how many transactions you make per month and whether you want other features, like treasury management discounts or earning dividends.
We understand that every business has its own unique needs to be successful. It’s important to find the best business checking account tailored for you, which is why Del-One offers four different business checking accounts. Our low-fee business accounts emphasize supporting and growing businesses, from small businesses to non-profits.
Small Business Checking Account
- Enjoy up to 100 free transactions per month, with additional transactions at a minimal cost.
- Tailored to support the growth and needs of startups and small businesses.
- Low monthly maintenance fee.
Business Checking Account
- Enjoy up to 200 free transactions each month, with low fees for additional transactions.
- Eligible to earn dividends and treasury management discounts.
- Low monthly maintenance fee.
Business Advantage Checking Account
- Benefit from up to 400 free transactions each month, with affordable fees for additional transactions.
- Eligible to earn dividends and treasury management discounts.
- Flexible monthly maintenance fee.
Non-Profit Business Checking Account
- Enjoy up to 200 free transactions monthly, with low fees for additional transactions.
- Eligible to earn dividends and treasury management discounts.
- Affordable monthly maintenance fee.
Provide Benefits to Your Employees
Did you know that when you have a business bank account with a credit union, you can also provide free credit union benefits to your employees? Go beyond just typical business banking and give your employees access to lower fees and better rates. Through a Select Employer Group partnership, your employees can experience the benefits of banking with a local credit union.
Del-One provides these benefits free because when you bank with us, we consider ourselves business partners with the same goal – financial success. We will support your employees with:
- Regular on-site membership benefits visits
- Representation at your events
- New member packets for your employees
- Paycheck inserts promoting membership, events, products or offers
- Free advertising opportunities with Del-One FCU
- Flyers and brochures to display in your offices
Become a Partner With Del-One
Choose Del-One Federal Credit Union for a better experience than big bank business accounts. You’ll get the same great variety of products, but with customized service from a credit union geared toward boosting the local economy. We’re here to help your business succeed. Contact us today to learn more or open a business checking account at Del-One.
