Credit union supports small businesses with enhanced banking products
WILLIAMSPORT, PA (May 11, 2020) — Local small businesses have experienced a drastic loss in revenue as a result of restrictions implemented due to the spread of COVID-19. Horizon Federal Credit Union of Williamsport, PA has updated its product offering to provide affordable small business loans, accounts, and services.
Horizon’s enhancements to its small business account offerings include:
- Eliminating the monthly fee on interest-bearing small business checking accounts.
- Enabling small business members the ability to deposit checks through mobile banking.
- Providing affordable merchant processing services, including rebates to cover the cost of the terminal and up to $150 in statement credits.
- Offering low rates for small business loans and lines of credit .to assist with cash flow.
“Small businesses are the lifeblood of our community” said Horizon CEO Justin Howard. “This pandemic has made it difficult to generate income to pay their employees, rent, and utilities. We want to make sure we have their back during this difficult time. Many small businesses don’t currently accept card payments, and these rebates will make it easier to get started.”
About Horizon Federal Credit Union
Horizon Federal Credit Union is a member-owned financial institution located in north central Pennsylvania, with branches in Williamsport and Lock Haven. Anyone who lives, works, worships or attends school within Bradford, Clinton, Lycoming, Northumberland, Potter, Sullivan and Union counties is welcome to bank at Horizon. Horizon is a people-focused credit union passionate about assisting their members to achieve financial security through innovative products, exceptional service, fewer fees and expert guidance. Horizon is federally insured by NCUA and is an equal housing lender.