Elevations Credit Union launches expanded suite of business banking products and services
New business portfolio will make business banking simple for members
BOULDER, CO (January 11, 2018) — Elevations Credit Union today announced the launch of its new business banking portfolio with enhancements that will enable local businesses to thrive. The new suite of banking products and services provides simple and straightforward banking, with business and premium checking accounts, business credit cards, business loans, and even a revolving line of credit – all aided by sophisticated technology, like digital access from any device, and world-class service from business banking specialists at Elevations branches.
“We are excited to launch this expanded suite of business banking options. We listened to the needs of local businesses and heard their #1 concern was making banking easier,” said Ken Bauer, Vice President of Business Lending at Elevations. “This announcement continues to fulfill our goal of providing the personal service, easy-to-use technology and range of products to meet the needs of local business members.”
Business banking relationship managers provide personalized, high-touch service to help members improve their cash flow, reduce borrowing needs or decide whether a term loan or line-of-credit is best, including quick-turn credit decisions. To make things even easier, business banking relationship managers will visit local businesses on site to help with set-up or discuss ongoing needs.
“We’ve been members at Elevations for years and have relied on their excellent service to meet our consumer banking needs. So when Elevations introduced its business banking offering, it was a natural for us to move our business accounts there as well.” said George Scott, Owner, Scott Home Inspection, LLC.
Whether a business is just starting out, or has matured and grown over many years, Elevations’ business banking portfolio can help business members realize long-term success.
“Elevations’ business services offer all of the banking needs for my Boulder-based small business, and the customer service has been outstanding,” said Arlo Corwin, Owner, ADVANCE Energy
Elevations Business Checking is designed for businesses with lower transaction volumes that don’t need advanced services. It combines many popular features into an affordable account with no minimum balance, access to Elevations powerful business digital banking platform, and free business bill pay and eStatements. Elevations Premium Business Checking is the flagship business checking product. It allows business members to utilize all of the most advanced services and features, such as ACH origination and remote deposit capture, while earning a market-leading dividend rate on their money.
Elevations Business Debit Card gives members access to over 30,000 no-fee ATMs nationwide and fraud protection. Free digital banking gives members 24/7 access to their account from desktop or a mobile device to view balances and loan information, transfer funds between accounts, pay bills, process remote deposit capture, view check images and statements, originate ACH debits and credits, send domestic wires, and more.
Elevations’ new business banking portfolio also includes a variety of loan options with market-leading approval times, competitive rates and flexible terms. Elevations AssetLine revolving line of credit allows business members to convert their valuable assets into funding power. Whether buying inventory, paying vendors or supplementing working capital, AssetLine is there to help businesses meet their cash flow needs at a competitive interest rate. Elevations also has a team of construction loan professionals with the experience and know-how to help you finance the construction of your next commercial building.
For more information about Elevations Credit Union business portfolio please visit www.elevationscu.com/business
About Elevations Credit Union
Elevations Credit Union empowers its members and the communities it serves along Colorado’s Front Range with financial solutions and education. In addition to offering a broad portfolio of consumer and business banking services, Elevations is the No. 1 credit union residential mortgage lender in Colorado. Founded in 1952 as the U. of C. Federal Credit Union in Boulder, the organization has grown from 12 members and less than $100 in assets to over 176,000 members, more than 580 local employees and over $3.4 billion in assets. Elevations became a two-time recipient of the Malcolm Baldrige National Quality Award in 2020 and first received the award in 2014. The credit union also earns local awards along Colorado’s Front Range for Best Bank, Best Mortgage Lender, and Best Customer Service. Elevations was also an inaugural winner in Denver Business Journal’s Diversity, Equity and Inclusion Awards. Learn more at www.elevationscu.com.
