SkyPoint FCU announces launch of business banking in three phases
After several years of planning, SkyPoint says ‘now is the time’ to answer members’ requests with an official Business Banking program.
GERMANTOWN, MD (April 12, 2023) — SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, announces the three-phased launch of their official Business Banking service, complete with a full array of products to meet the wide-ranging needs of businesses.
“Our members with businesses have been asking for services specific to operating a business, and we have been discussing the possibilities and mechanics for several years, but with COVID-19 and the economic climate surrounding it, the time just wasn’t right,” said Gregg Zolkiewicz, COO of SkyPoint FCU. “Now, with businesses up and running full-time, eager to grow and improve their bottom line, SkyPoint is ready to support them with a full spectrum of business products.”
SkyPoint Business Banking will launch Business Banking in three phases:
- Phase 1 – to SkyPoint members who own businesses
- Phase 2 – to the remainder of current SkyPoint members
- Phase 3 – to non-members outside of the credit union
Products offered with Business Banking include:
- Business checking/savings accounts
- Business loans, including loans for new/used vehicles
- Installment loans
- Lines of credit (LOC)
- Business credit cards
Business SkyPoint members will have the convenience of using online and mobile banking, so they can manage their business finances anytime, according to their schedules. SkyPoint will also have trained business specialists who can meet with business members in person if that need arises.
“Establishing a program of this magnitude involves every department, and intensive training for all employees,” Zolkiewicz added. “Now, it’s the right time to launch it, and we are excited to offer Business Banking to our members.”
About SkyPoint Federal Credit Union
SkyPoint makes banking simple and accessible. A community-based financial institution, located in Montgomery County, Maryland, SkyPoint serves our members in the greater Washington D.C. metro region with a wide array of financial services, supported by technology, and offers great value, affordable fees, and rates through our member-owned structure. The only designated Community Development Financial Institution (CDFI) credit union in Montgomery County, SkyPoint helps our members and the community gain access to the financial services needed to prosper. Through our inclusive, expert, and compassionate team, we focus on removing banking complexities, and building empowering relationships with our members to help you achieve your financial goals with simple and accessible banking solutions.
