WeDevelop Business Checking Small to Medium Business
Enjoy no low-fee business checking.
No minimum balance is required. Free online banking, Free debit card, overdraft protection for qualifying accounts* Surcharge-free ATMs at shared branches. Minimum $25.00 to open.
Tier 1 Up to fifteen deposits and credit items per month, fifteen checks or debit items per month. No monthly service fees. *Per item fee applies for transactions over fifteen.
Tier 2- Up to fifty deposits and credits, fifty checks or debits items per month. $5 monthly service fee. *Per item fee applies for transactions over fifty.
WeDevelop Business Checking Small to Medium Business
Same as WeDevelop savings earns dividends and establishes membership in WeDevelopment FCU. Minimum $5.00 to open. Business Certificate of Deposit Minimum opening deposit is $300.00.
Personal Loans for Business
A business loan is borrowed capital that companies apply toward expenses that they are unable to pay for themselves. Some business owners use business loans to pay for salaries and wages until their new company gets off the ground, while other companies put borrowed funds toward office supplies, inventory or business projects.
Top reasons to get a loan for your business
1. Start a business
2. Leasehold improvements
3. Expand your workforce
4. Buy equipment/ supplies
5. Have available working capital
6. Pay off debt
7. Acquire a business
8. Run a marketing campaign
Necessary paperwork to open a business account
1. Valid ID
2. Business paperwork…How is your business registered in Missouri?
• www.sos.mo.gov/business/corporations/startbusiness
• www.bizcare.kcmo.gov/startabizguide
3. EIN/or SSN
4. All Signers must be present when opening the account
5. Articles of Incorporation
6. Fictitious name registration
7. Operating Agreement
8. Business must be in good standing
9. Name and Address of business
Lines of Credit
Open line of credit with adjustable rates to meet various personal needs. Borrow as you need, transfer to other WeDevelop accounts, competitive financing, and flexible terms. Set up payroll deduction for convenience and ease of mind. Online loan management through mobile and online banking. Amounts based on credit worthiness, in-house decisioning, credit life and disability insurance available* Amounts as low as $500.00.