Commercial Banking - Community First Credit Union

BUSINESS BANKING

Building community together.

The Community First Career Exploration & Financial Literacy Education Center

The Center, a first of its kind in the country, is set up as a simulated
city for students to have hands-on & minds-on experiences in different careers.

Community First Career Exploration & Financial Literacy Education Center.

Making your money work for you.

Whether your needs are simple or complex, our checking and other deposit accounts will meet your needs. Plus, enjoy the satisfaction knowing your money stays right here making a difference in your community.

Choose the checking that matches your day-to-day needs.

As a business member of Community First Credit Union you benefit every day with better rates and less fees.

Community First Business Checking Accounts
	Type I Business Checking	Type II Business Checking	Non-Profit Checking
Overview	Designed for businesses with minimal transaction activity such as start-ups or sole proprietorships.	Ideal for businesses with a higher volume of transactions each month.	With no service charges or fees, this account is perfect for managing non-profit's finances.
Earn Interest See rate chart
Same day credit for deposits
Full service Saturday hours
Digital banking options
Withdrawal fees	100 FREE / mo., $.10 ea. thereafter _{If more than 100 in a month, all transactions are $.10 ea.}	$.10 per withdrawal	100 FREE / mo., _{If more than 100 in a month, all transactions are $.10 ea.}
Deposit fees	200 FREE / mo., $.06 ea. thereafter _{If more than 200 in a month, all transactions are $.06 ea.}	$.06 per deposit item	200 FREE / mo., $.06 ea. thereafter _{If more than 200 in a month, all transactions are $.06 ea.}
Minimum deposit to earn interest	$2,500	$2,500	$2,500
Minimum daily balance	$1,000	$1,000	$0
Monthly usage fee	$0 if min. daily balance maintained, otherwise $10/mo.	$0 if min. daily balance maintained, otherwise $10/mo.	$0

Competitive rates & terms.

Earn more on your deposits when you maintain higher balances.

Business Checking
Type	Minimum Balance	Dividend Rate	APY¹
Tier 1	$2,500	0.05	0.05
Tier 2	$25,000	0.10	0.10
Tier 3	$50,000	0.20	0.20

Finding a way for your business to save.

Grow your money while having local access to funds when needed.

Business Savings Accounts

All it takes to supplement your Business Checking Account with a Business Savings Account is a $5 deposit. Earn dividends on balances of $100 or more.

No monthly fees or minimum balance charges
Enjoy access to your money whenever you want
Dividends compounded quarterly based on average daily balance

View Rates

Business Certificates

Whether you are looking to grow your funds or seeking a secure place to keep your profits, business certificates of deposit are the perfect choice for those looking for a greater dividend return. Decide how you want to save based on term, rate and opening deposit.

Get started with as little as $1000

Choose a savings term from 3 to 60 months

View Rates

Business Money Market

You’ve worked hard to accumulate your profits. Now use our Money Market accounts to earn higher & guaranteed rates of return while maintaining convenient access to your money when your business need it. Choose from one of three options:

Affordable Money Market
Ultimate Money Market
Members Choice Money Market

View Rates

Community First Business Money Market Accounts
	Affordable Money Market	Ultimate Money Market	Members Choice Money Market
Overview	Higher rate of return- low minimum balance requirement.	Premium rate of return- higher balance requirement.	High-yield tiered account + higher returns w/ checking.
Minimum balance amount to earn interest*	$7,500	$15,000	$75,000
Set up fees	$0	$0	$0
Multiple rate tiers*
Earn higher yields with checking*
Unlimited in-person and electronic transactions
Monthly fees*	$0 if min. balance maintained, otherwise $15.	$0 if min. balance maintained, otherwise $15.	$0 if min. balance maintained, otherwise $25.
* See rate & balance requirements chart for current rates and complete details.

Benefit from being a business member today.

Keeping your business moving forward.

Taking the time to listen is always our first step in building a relationship with business members. And with service, support, and decision-making under one roof in your backyard, you’ll benefit from faster turnaround times and better decisions.

Creative lending to meet your business objectives.

Our team can finance just about anything your business needs to grow with competitive rates that fit your bottom line.

Commercial real estate loans

Lines of credit

Business vehicle loans

Residential rental real estate loans

Equipment loans

SBA loans

Small businesses are a big deal around here.

We recognize your business's importance to our community’s economic health and are proud to have been the first credit union in Wisconsin to receive these statuses from the Small Business Administration (SBA):

SBA Preferred Lender
SBA Certified Lender
SBA Express Lender

A card that rewards your business.

A Community First Visa^® Business Rewards Credit Card lets you keep your business going by paying for every day expenses while earning points – not fees.

No balance transfer or annual fees

Be rewarded with a low APR² when your checking is with us – as low as 10.99%

25-day grace period

Real-time alerts and card controls through Digital Banking

Tap to pay convenience & mobile wallet compatible

Earn 1 point for every dollar spent¹

Redeem points for your choice of cash, travel or merchandise

Local assistance by phone or at a branch

Turn your points into cash.

Get your cash rewards as credit to your card or a deposit into any Community First account.
To redeem your points for cash, call us at 920-830-7200 or visit a branch to complete a redemption form.

Cash Rewards Point Values
Cash Reward	$25	$50	$100	$150	$250	$300	$400
Points Earned	5,000	10,000	15,000	20,000	25,000	30,000	40,000

Request a Card

Knowledge is power.

Use our helpful calculators as a resource for making borrowing decisions.

Business Loan or Line of Credit?

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that Community First Credit Union assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

Benefit from being a business member today.

_{¹Excludes cash advances and balance transfers. Points expire after 3 years.

²APR= Annual Percentage Rate. Credit qualifications and membership required. Lowest rate requires active business checking account relationship with Community First Credit Union. An active business checking account is defined as having four (4) or more transactions in a calendar month. For complete terms, please see the Business Credit Card Disclosure for complete product details.}

Other Services

Help for taking care of business.

When you have your business accounts with us, you have access to all the in-person and online convenience services you need to turn ‘minding your own business’ into peace-of-mind for you and your business.

Easy account access wherever your business needs to go.

We offer tools that make managing your cash flow fast, secure and hassle-free.

Originate Automated Clearing House (ACH) transactions

Set password and account access levels for different users

Link all your business banking accounts

Send vendor payments electronically

Download statements into Quicken, QuickBooks and MS Money

Review and verify transactions

Remote Deposit Capture

Time is money and we can help you save both. Make secure check deposits directly into your account anytime from your computer or smartphone with Remote Deposit Capture. Just scan, verify and deposit.

Get faster access to your funds
Set employee access levels
Sync with your accounting software

Get More Information

However your customers pay, we’ll find a way.

We offer solutions that will help you manage your cash or credit card sales.

Cash & Coin Services • Night Deposit • Merchant Services

Payroll and other employee related services.

Your employees are one of your most valuable business assets. We provide solutions to make their life – and your life – easier and better.

ACH payroll processing services
Direct deposit/payroll deduction
401(k) & retirement planning
Health Savings Accounts to complement benefit packages

Benefit from being a business member today.

SBA PPP Resources

Ready to apply for PPP Loan Forgiveness? We’re ready to help.

Streamlined processes makes requesting PPP (Paycheck Protection Program) Loan Forgiveness easier. Some key program details include:

NOW OPEN: If you obtained a second draw PPP loan, have used all of the funding on approved purchases, and are past your covered period, second round applications for debt forgiveness can be initiated from the links below

If your loan amount is $150K or less, you qualify for the simple application with no supporting documentation. When completing your application, select the 3508S option

Forms 3508 or 3508EZ are being accepted for loans of any amount with supporting documentation

Economic Injury Disaster Loan (EIDL) Advances ($1,000 – $10,000) will no longer be deducted from the PPP forgiveness amount

Start your forgiveness application today.

Let’s get started. Our new online forgiveness process makes it easy for you to begin, pause and follow your loan forgiveness application, anytime!

Create a UserID

This should not be the same as your Digital Banking login credentials.

Have your SBA PPP Loan Number Available

Missing your SBA loan number? Please contact us.

Complete your application

Start, pause and follow your application’s status, anytime.

Apply for Forgiveness Continue or Track Application

Please use Google Chrome, Firefox, Safari or Microsoft Edge for the best experience.

Gather your documentation.

Before you begin, gather this information to make completing your forgiveness application easy.

Number of employees retained due to PPP loan

Estimated amount spent on payroll

Total loan amount

SBA PPP Loan number – contact us if needed

Stay up-to-date.

We are staying up-to-date on all of the developments and requirements for your PPP Loan Forgiveness application, even as guidance changes. We also encourage you to follow developments at SBA.gov.

What to expect next?

After your application is submitted you will receive information about what to expect next. You can track your application’s progress online for the most up-to-date status. It can take up to 150 days for debt forgiveness approval

We will review your entire application to make sure that your submission is complete and that you have included all of the appropriate documents. If there are any problems or discrepancies, we will send you an email or call you with instructions

When the application has been reviewed and corrections made, we will send you a final document for your review and electronic signature. You will be notified of this document’s availability by email and within the application site

Once the form is electronically signed, we will prepare and transmit your request to the SBA automatically, where they will review and determine the final forgiveness amount. SBA has up to 90 days to complete their review

Upon the SBA’s approval, your loan will be adjusted to the new remaining amount (if any). In the event additional payments are needed, we will contact you with documentation and next steps

BUSINESS BANKING

Building community together.

We're here to find a way for your business.

Backed with flexible financial products, creative individualized solutions and local market expertise, our Business Services Team is equipped to serve your company, non-profit organization or municipality – no matter the size.

The capabilities to meet your business demands.

Enjoy the features of working with a strong business financial provider combined with the benefits – such as low fees, better rates and personalized service – that come from being a member of a local credit union.

Checking accounts

Company credit cards

Business loans

Digital account access

Business Deposits

Operational services

Years of experience helping businesses like yours.

As a credit union, we care about your business because your business is a part of our community.

Tim Hoff

Michael Vedder

John Nygaard

Brent Jensen

Matthew Wilcox

Steve Dill

Jeff Johnson

Betty Kittell

Call 920.830.7200

Live personal service: M-W 8:30am-5pm; Th & F 8:30am - 6pm; Sat 8:00am - noon.

Visit us

Meet at the Community First location most convenient for you.

Click

Use the form below to send us a message and we’ll follow up with a call or email.

How can we help?

Making your money work for you.

Whether your needs are simple or complex, our checking and other deposit accounts will meet your needs. Plus, enjoy the satisfaction knowing your money stays right here making a difference in your community.

Choose the checking that matches your day-to-day needs.

As a business member of Community First Credit Union you benefit every day with better rates and less fees.

Type I Business Checking

Type II Business Checking

Non-Profit Checking

Overview

Earn Interest See rate chart

Same day credit for deposits

Full service Saturday hours

Digital banking options

Withdrawal fees

Deposit fees

Minimum deposit to earn interest

Minimum daily balance

Monthly usage fee

Competitive rates & terms.

Earn more on your deposits when you maintain higher balances.

Business Savings Accounts

All it takes to supplement your Business Checking Account with a Business Savings Account is a $5 deposit. Earn dividends on balances of $100 or more.

No monthly fees or minimum balance charges

Enjoy access to your money whenever you want

Dividends compounded quarterly based on average daily balance

Business Certificates

Whether you are looking to grow your funds or seeking a secure place to keep your profits, business certificates of deposit are the perfect choice for those looking for a greater dividend return. Decide how you want to save based on term, rate and opening deposit.

Get started with as little as $1000

Choose a savings term from 3 to 60 months

Business Money Market

You’ve worked hard to accumulate your profits. Now use our Money Market accounts to earn higher & guaranteed rates of return while maintaining convenient access to your money when your business need it. Choose from one of three options:

Affordable Money Market

Ultimate Money Market

Members Choice Money Market

Affordable Money Market

Ultimate Money Market

Members Choice Money Market

Overview

Higher rate of return- low minimum balance requirement.

Premium rate of return- higher balance requirement.

High-yield tiered account + higher returns w/ checking.

Minimum balance amount to earn interest*

$7,500

$15,000

$75,000

Set up fees

$0

$0

$0

Multiple rate tiers*

Earn higher yields with checking*

Unlimited in-person and electronic transactions

Earn Interest
See rate chart

Affordable
Money Market

Ultimate
Money Market

Members Choice
Money Market

Higher rate of return-
low minimum balance requirement.

Premium rate of return-
higher balance requirement.

High-yield tiered
account + higher returns w/ checking.

A Community First Visa^® Business Rewards Credit Card lets you keep your business going by paying for every day expenses while earning points – not fees.

Be rewarded with a low APR² when your checking is with us – as low as 10.99%

Earn 1 point for every dollar spent¹

Get your cash rewards as credit to your card or a deposit into any Community First account.
To redeem your points for cash, call us at 920-830-7200 or visit a branch to complete a redemption form.