Small Business Banking Services
Our comprehensive small business banking services suite covers business checking and savings, payroll, merchant services, and more.
Solutions To Keep Your Business Moving Forward
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Business Checking Accounts
Give your business a checking account that meets your needs. Our business checking account includes debit cards, overdraft protection, online and mobile banking access.
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Business Savings Accounts
Your employees clock out, but your savings shouldn’t. Whether you’re looking for higher returns, liquidity or both, our business savings accounts are here to help your cash grow.
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Business Banking Services
Your business requires services that are convenient and add value to your employees. Unitus offers merchant and payroll services to keep your business running smart and efficient.
Bringing the community together one small business at a time
Our #PDXunites series is all about local small businesses. They are the economic engine of our communities, and it’s more important now than ever that we show our support. In partnership with Small Shops Big Hearts, we feature weekly #PDXunites giveaways on social media to various local small businesses.
Business Checking Accounts
Depending on the needs of your business, we offer two different checking account options:
Business Basic Checking
- No Minimum Balance
- Free Visa Debit Card
- No Monthly Service Fee
- Checks Paid – $0.15 per check (first 75 free)
- Checks Deposited – $0.15 per check (first 75 free)
- Overdraft Protection
- Convenient access and money management through digital banking
Business Interest Checking
- Earns Interest
- $3,000 Daily Minimum Balance
- Free Visa Debit Card
- $10 Monthly Service Fee (waived with $3,000 min. daily balance)
- Checks Paid – $0.15 per check (first 150 free)
- Checks Deposited – $0.15 per check (first 150 free)
- Overdraft Protection
- Convenient access and money management through digital banking
What You Will Need to Open a Business Checking Account
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- Employer Identification Number (EIN)
- Business organizational filing documents, either physically or digitally*
- All principals and authorized signers at the account opening, so that Unitus may verify signatures
- For each account owner and signer:
- Primary form of ID, usually a valid driver’s license with a current address. If address is not current, bring a document such as a utility bill showing your current address
- Secondary form of ID, usually a debit or credit card from another financial institution
- A business membership opening deposit of $115 ($5 for the business prime share, a $10 one-time membership fee, and $100 to open your business checking account)
- If a tax-exempt organization, a copy of the IRS 501(c) (3) approval letter
As the owner of Bread & Honey Cafe, I’ve always loved Unitus. As soon as they moved into the neighborhood they have been the most supportive people. I feel like they really understand how hard it is to be a small business.
Business Savings Accounts
A smart savings plan helps to protect your business against uncertainty while earning competitive rates. Unitus offers a range of flexible savings options for your business.
Money Market Accounts
Earn higher interest rates on higher balances while keeping your funds flexible.
- No limit on withdrawals
- No fee if daily minimum balance is at least $10,000; otherwise $5 per month
- No limit on deposits
- Competitive rates
Certificates of Deposit (CDs)
Great if you don’t need immediate access to your money.
- Immediate interest accrual
- Monthly compounding interest; earned penalty-free
- Terms ranging from six months to five years
- Competitive rates
Additional Business Savings Options
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A Unitus SEP IRA1 allows self-employed business owners to:
- Make contributions with higher limits than an IRA
- Get tax-deferred earnings until age 70½ when all withdrawals are subject to taxes
- Make contributions that are tax–deductible
- Lower your income tax liability in the current year
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The perfect complement to your business’s affordable high deductible health plan.1
- HSA funds do not expire; they grow tax-free through dividend earnings, like an IRA.
- Automatic payroll deductions can help you fund your HSA
- An HSA debit card
- Competitive rates
Business Banking Services
Merchant Services
A hassle-free credit and debit card acceptance.
- Month-to-month contract
- Wireless options for home-based or mobile businesses
- Affordable standard and virtual terminals
Get a quote! Complete this short form, or call our trusted partner Total Merchant Concepts at 1-888-249-9919 for additional questions.
Payroll Services
Running a business isn’t easy. Today’s environment requires partners who can help you navigate obstacles and keep things running smoothly.
- Save Time – Run payroll in just a few clicks. Use the time you save to manage your business.
- Stay Compliant – Payroll and taxes done for you — helping you stay accurate, on time and in compliance.
- Manage Costs – Only pay for the options you need.
Contact our payroll services partner Total Merchant Concepts using this short form, or by calling 1-888-249-9919 for additional questions.
As the manager at Cloak & Dagger Barber Co., we love banking with Unitus because we know they support small businesses like us, and the community.
Speak to a Unitus Representative About Joining Unitus and Opening Your Business Account
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Make an Appointment
Choose what works best for you; virtually or at a branch.
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Not a Member Yet?
Join and open your membership account today.
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Send Us a Message
Leave us a detailed message and we get back to you shortly.