Minimize your banking fees with a DRCU Business Checking account which includes a VISA Debit Card and Online Banking plus the ability to pay your bills online for free. No postage and no hassle.
“Take advantage of more flexibility and less parameters and keep more of your money in your business.” ~Kraig Black
Qualifying deposit accounts* (All business accounts except CDs) at Desert Rivers Federal Credit Union are insured up to $1,000,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) and private insurance from Excess Share Insurance Corporation (ESI).
First, NCUA’s basic federal coverage insures credit union members’ deposits up to $250,000. For details about federal deposit insurance, please check with your credit union or contact NCUA. Second, qualifying deposit accounts* (All business accounts except CDs) exceeding the maximum level of coverage provided by NCUA are also insured up to an additional $750,000 by ESI.
To be eligible for excess coverage, the credit union must comply with ESI’s rigid underwriting standards. Also, ESI’s insurance policy requires that every quarter the credit union submit financial statements and a listing of accounts eligible for excess coverage in order to continue coverage. Individual policies are not provided to members, and there is no direct cost to you for this coverage. It is important to note that excess deposit insurance is payable only upon the failure and liquidation of the credit union. The credit union or ESI may terminate or modify this coverage, but in either case you would be notified in writing of any change in the excess coverage.
Headquartered in Dublin, Ohio, ESI is a wholly owned subsidiary of American Share Insurance, a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions. As a property and casualty insurer, ESI is subject to licensing and regulation by your state’s insurance department. Furthermore, the company’s financial statements are audited annually by an independent CPA firm and are available upon request through the credit union. ESI is not a federal or state government agency.
Enjoy the convenience of paying with a Business VISA while earing rewards.
Set up a Line of Credit to get you through any future cash issues.
With a DRCU Business Savings account, you can put money aside to protect your business and prepare for future expansion or any challenges that may occur.
When you need more space or it’s time for remodeling
The same low rates apply as on DRCU personal auto loans.
“Keep your business and personal finances separate. We can help!” ~Kraig Black
Start your business loan process by clicking on the loan application to the right.
For loan requests higher than the limits listed above please call 435-259-6124 option 7.
Desert Rivers Credit Union partners with Select Bankcard to offer our business members merchant services.
Whenever. Wherever your business goes, we’re with you!
We have:
*Limit one swipe reader per business. must be new merchant services account.
Local services and on-site support | No contract required | Real-time reporting
Next day deposits/funding | Credit/Debit Cards | Chip Cards | ACH
Apple Pay/Google Pay/Samsung Pay | NFC (Near Field Communication) setup
EMV terminals | Secure gateway
Mobile phone swipes | Account updater for recurring payaments
Reconcilation | POS solution | QuickBooks Solution
Our electronic banking products are designed to save you precious time and money.
Get easy access to your account from your PC, laptop or mobile phone.
Access your statements at your convenience.
Save postage and hassle by paying your bills online. It’s free with a checking account.
Load your VISA on your phone and pay with your phone.
