All SELCO branches will be closed Tuesday, July 4 in observance of Independence Day. Account access will still be available through digital banking. 

Business Savings

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Business Savings

For small businesses with everyday banking needs.

  • No monthly fee ($5 minimum balance) 
  • Unlimited pre-authorized transfers 
  • Tiered dividend rates 
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Business Money Market

For businesses looking to boost their interest earnings.

  • No monthly fee with daily balance of $1,000 or avg. balance of $2,000 ($6 per month otherwise) 
  • 6 pre-authorized transfers per month 
  • Tiered dividend rates 
Women taking inventory for business

Business Money Max

For larger businesses with higher deposits looking to maximize dividends.

  • No monthly fee with daily balance of $2,500 or avg. balance of $3,500 ($8 per month otherwise) 
  • 6 pre-authorized transfers per month 
  • Tiered dividend rates 
Mature man talks to a colleague

Beneficial Ownership Disclosure

Members who open new business accounts or apply for a new business loan for a legal entity are required to provide information about each individual with beneficial ownership. Learn what you'll need to provide and why.

Resources

A person's hands at a desk writing on a stack of paper.

5 Steps to Getting a Small Business Loan

The process of applying for a small-business loan can be confusing, but we’re here to help guide you through the process. Here are the five steps to getting a small business loan.

Is the Time Right to Refinance Your Commercial Loan?

At the current rate environment, it makes sense to at least consider refinancing a commercial loan. See if restructuring your loan at a lower rate and more favorable terms makes sense.

5 things to know about commercial loans.

5 Things to Know About Commercial Loans

Thinking about a commercial loan? There are a few things you'll need to know before you take your business to the next level, including the importance of working with a local lender.

Two 100 Dollar Bills

Umbrella Insurance: Stay Dry From Lawsuits

Excess liability coverage isn’t just for the super-wealthy. Learn how this extra insurance protection can keep your finances secure if you’re found liable for damages.