Business Checking Products
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All Yolo FCU accounts offer the following FREE services:
- FREE PC Banking
- FREE Bill Payer
- FREE eStatements with online check images
- FREE ATM/Debit Card
- FREE Telephone Access 24/7
With the convenience of PC Banking, eStatements and local support, managing your business account has never been easier. Check balances, verify cleared checks or set up a bill payment on your schedule. Yolo FCU’s easy access will help keep you in balance.
Simply Free Business Checking
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Yolo FCU keeps it simple with a FREE checking account designed for businesses and organizations with low transaction volume.
- No minimum balance requirement
- First 100 transactions per month are FREE*
- Dividends paid on all balances
*Transaction includes: cleared checks, per deposit (not per item), per withdrawal and per ACH debit or credit. Transactions exceeding the limit will be charged $0.25 per transaction.
Regular Business Checking
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Yolo FCU designed this account for businesses with higher transaction volumes and higher balances. This account is FREE by maintaining the daily balance requirement.
- $5,000 daily balance requirement*
- First 200 transactions per month are FREE*
- Higher dividends paid based on balance
*Transaction includes: cleared checks, per deposit (not per item), per withdrawal and per ACH debit or credit. Transactions exceeding the limit will be charged $0.25 per transaction. Below minimum balance fee of $10 assessed for balances falling below $5,000.
To open an account, visit any local branch or call (530) 668-2700.
Business Savings Products
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Regular Business Savings
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This account is your key to all other services available from Yolo FCU.
Use this account to save up reserves or for periodic expenses for your business. After the first regular savings account is established, subsequent savings accounts can be added and uniquely named to diversify your savings portfolio. This account earns dividends on all balances. This account is FREE if you meet one of the following criteria:
- A $200 daily balance requirement
- Aggregate deposits of $5,000 or more
- Aggregate loan balances of $5,000 or more
- Monthly direct deposit (such as Merchant Card credits)
Health Savings
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A Health Savings Account (HSA) is a tax-deductible savings account with tax-free withdrawals* for qualified medical expenses. This account offers unlimited check writing and a VISA check Card for easy access to funds.
*Please check with your tax consultant for your eligibility.
Brochures
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Health Savings
To open an account, visit any local branch, or call (530) 668-2700.
Business Loan Products
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Commercial Real Estate Loans
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Whether you a looking to purchase investment property, multi-unit housing complex, have a commercial construction project or want to refinance an existing building, Yolo FCU has a variety of loan options for you and your business.
- Secured lines of credit
- Competitive rates and fees
- Flexible repayment terms
Vehicle & Equipment Loans
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From work trucks to semi-trucks, machinery to commercial equipment, purchase to refinance, Yolo FCU has it all.
- Competitive rates and fees
- Flexible repayment terms
Lines of Credit
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If your business needs to purchase inventory or help with cash flow, a Yolo FCU line of credit will fill the need.
- Secured and unsecured lines available
- Competitive rates and fees
- Annual renewal available
Business VISA® Credit Card
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Put purchasing power in your pocket with a Yolo FCU Business VISA® card.
- Secured and unsecured limits
- Unsecured limits up to $20,000 available
- Competitive rates
- No annual fee
- Zero cash advance fees
- Travel and Emergency Assistance Services
- Zero liability for fraudulent transactions
- Emergency card replacement
For more information, visit any local branch,
email Business Solutions
or call (530) 668-2700.
Business Investment Products
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Yolo FCU provides a variety of options so that you can diversify your saving investments to fit your needs and plans for the future. Enjoy peace of mind knowing that each account is federally insured* allowing you to maintain your funds in a safe and secure account that offers competitive rates and unbeatable service. Yolo FCU staff is ready to help you plan for your future.
*Money Market & regular Share Certificates are federally insured up to $100,000 and IRA and IRA Share Certificates are federally insured up to $250,000.
Money Market Products
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Money Market
Maximize your earnings with a Yolo FCU money market account. This account offers a higher than average share rate that increases with your balance while maintaining the liquidity of a savings account. With no monthly fees for balances maintained above the minimum balance of $2,500* and the option to write up to 3 checks per month, a money market account is an excellent option to enhance your savings portfolio.
*Minimum balance fee $5.00. Excess withdrawal fee $5.00.
Premium Money Market
Enjoy the same liquidity benefits of the regular money market account while earning a higher dividend rate on balances of $150,000* or more. The premium money market is an excellent way to earn more while still having access to you account when you need it.
*Minimum balance fee for balances below $100,000 is $10.00. Excess withdrawal fee $10.00.
Share Certificates (CD)
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Share Certificates allow you to increase your earnings with higher yields on balances of $500.00 or more. Terms range from 3 to 60 months so you choose the term that fits your needs. Dividends are compounded daily and paid monthly. Compare Yolo FCU rates and see how we can help you to achieve a higher return on your investment.
Simplified Employee Pension (SEP) Plans
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A SEP plan gives you an alternative to establishing a complex retirement plan for you and your employees. A Yolo FCU SEP plan can help you and your employees save for retirement and contributions are tax deductible.
*Dividends are compounded daily and paid monthly and balances are insured up to $250,000 through the National Credit Union Administration.
*Please check with your tax advisor.
Brochures
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Simplified Employee Pension Plan
For more information, visit any local branch,
email Business Solutions
or call (530) 668-2700.
Business Workshops
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Providing educational opportunities and connecting you to the resources that will help your business succeed is one of the many benefits of membership with Yolo FCU. Beginning in 2008, Yolo FCU is teaming up with Woodland Community College SBDC and our local chamber offices to provide informative workshops on topics that are important to you and your business. Some of the topics we are scheduling include:
- Business Basics
- Marketing Your Business
- Quick Books Basics
- Entrepreneurship for Youth-Introduction to Being Your Own Boss
- Click here for our workshop schedule.
To suggest a topic or to learn more about our workshops,
email Business Solutions
or call (530) 668-2700.
Business Resources & Services
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Because Yolo FCU knows you need more than just a checking account for your business, we have services and resources available for you to establish and successfully run your business.
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Payroll Services, Tax Services, 401(k) and Employee Benefits, HR Administration and Compliance offered by*:
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Credit Card Processing (includes retail, home based, mail order telephone order, software applications, e-commerce, wireless, ATM & debit card solutions), Check Verification Services, Check Guarantee Services, ACH Check Conversion Services and Gift Card Programs offered by*:
Interested business members please email Business Solutions or call (530) 668-2700 to register.
The above services are offered as a referral only and Yolo FCU accepts no responsibility or liability for the service.
Local Resources
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Do you need to apply for a Business License, Employer Identification Number (EIN), incorporate your business or just need help establishing or running your business? We’ve provided links to the most commonly needed resources*:
*Third Party Link Disclosure:
By clicking on the links above, you are aware that you are leaving Yolo FCU’s website. Yolo FCU does not guarantee the accuracy, security or failure of products/services of third party sites. We encourage you to review the privacy and security disclosures on all websites you visit.
If you would like more information regarding the above services
or resources, email Business Solutions or call (530) 668-2700.
