Business Services
Since 1936, Mutual Savings Credit Union has provided quality products and services. When you open a business account with Mutual Savings, you get great loan rates and the same conveniences that all our members enjoy. Enjoy online access to monitor your company’s transactions with:
- Free online home, mobile and telephone banking.
- Online Bill Pay.
- Free debit card on business checking accounts.
- Free e-Statements.
We offer a variety of products that businesses will enjoy.
Business Loans
Mutual Savings offers real estate secured business loans from $50,000.00 to $1,000,000.00.
To apply for a business loan you must submit an application along with the two (2) most recent years of business and personal tax returns and a personal financial statement.
For more information on business loans, contact Jim Rochester, Vice President of Business Lending at 205-682-1141 or email at: jrochester@mutualsavings.org.
Business Mastercard®
All businesses watch their expenses as well as cash flow. Mutual Savings Credit Union offers a competitive low rate credit card for business purchases. Offering multiple users and the security Mastercard® credit cards provide, this is a great benefit for your business. Apply today.
Business Checking
Cash in. Cash out. It’s the daily transactions that define the balance sheet of a business. Mutual Savings Credit Union’s Business Checking can provide your business with a low cost checking account that enables you to process payroll deduction, direct deposits and wire transfers. With a monthly fee of only $10.00, a Business Checking account at Mutual Savings is a money-saving tool for your business.
Business Money Market
With an opening deposit of $5,000.00, your business will enjoy all the benefits that a Money Market checking account can provide. Withdrawals are limited to six (6) monthly to a third party. Ask a representative for more details.