To open a Business Account with Boeing Wichita Credit Union, a minimum opening balance of $100 is required along with a $10 membership fee. We have a variety of products and services to meet your business needs and to help you achieve your goals. You will receive the personal attention and prompt response you deserve. And as your needs grow, BWCU has the options available to help make your business life better.
Who's Eligible
Businesses and not-for-profit organizations located in the field of membership. See a Member Service Associate or call (316) 683-1199 to see if you are eligible.
24-Hour Access
Obtain balances, inquire on cleared checks and make transactions on your account 24 hours-a-day using CALL-24 Telephone Teller System or NET-24 Online Access. These services are FREE. When you open your account, sign up and choose your secret electronic services PIN.
Overdraft Protection
To protect you from the embarrassment and problems caused by overdrafts, the Credit Union offers various types of overdraft protection. This service is available for a small transfer fee.
Check Images
As an added service, images of paid checks will be included in business account monthly statements. This service is provided at no additional cost to business members.
Business Deposit Accounts
Business Checking
Commercial Lending
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BUSINESS DEPOSIT ACCOUNTS
Business Savings
Dividends are calculated on average daily balances above $100 and are paid and compounded monthly. You will receive a monthly statement. You may withdraw or transfer funds from your account at any time in person, or by using CALL-24, U.S. Mail, or NET-24. You may authorize transfers from this account to cover overdrafts on your Basic Business Checking or Commercial Checking account for a small fee.
Money Market Accounts
Money Market accounts are available to business members, and they work just like our personal money market accounts. See a Member Service Associate for more information.
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BUSINESS CHECKING
BASIC BUSINESS CHECKING
COMMERCIAL LENDING
SBA Loan
BWCU is a certified SBA Lender. If you want to start a business or need working capital for an existing business, we can use the SBA to help with extended terms, or a lack of collateral. Go to www.sba.gov for more information about the SBA.
Commercial Real Estate Loan
If you're acquiring a new location, expanding your existing facility or wanting to refinance your current loan at another lender, then give us a call. We offer both construction loans and long-term loans. We have competitive rates and terms and offer a number of options to fit your individual needs.
Term Loan
When you need to purchase fixed assets for your business, whether it is equipment or vehicles, BWCU has the financing package to help. A customized repayment plan can be developed to fit your needs and cash flow. Terms usually run five to seven years. SBA loans can be for up to 10 years.
Line Of Credit
A Line Of Credit (LOC) allows you to borrow, repay and borrow again, as cash flow allows. LOC loans are usually used for those businesses that have established seasonal cash flow trends. Businesses starting up usually are better served with a term loan than a LOC. Most accounts are set up on an annual review and are used to finance temporary upswings in inventory and accounts receivable.
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