The easy way for good business banking
Elevations Credit Union provides all-in services.
To lay the groundwork for expanding its business services, Elevations Credit Union asked existing business members what they wanted most from their financial institution. Their top priority was making banking easier.
The $2 billion Boulder, Colorado, credit union responded to those concerns on three fronts: expanding its team of experienced business lenders, introducing new deposit and loan products, and launching a new digital banking platform.
The digital banking system with mobile and desktop access, developed with business partner Q2, Austin, Texas, lets businesses view account balances, transfer funds between accounts, pay bills, deposit checks, view check images and statements, originate ACH debits and credits, and send domestic wire payments.
That suite of functionality comes close to the offerings from big banks like Chase and Wells Fargo at an affordable price for a credit union, and it delivers on business members’ expectations for the same type of mobile access they enjoy for their personal accounts, says CUES member Ken Bauer, VP/business banking.
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