Business Services

UCU offers a variety of bank accounts to streamline your finances and optimize cash flow:

• UCU Business Chequing Account: We offer a choice of seven business chequing accounts, each designed to provide the features you need for efficient cash flow management. These features include the ability to make and receive payments, manage bills electronically, and easily access your funds with debit cards and online banking.
• UCU Business Savings Account: Grow your business savings with a UCU Business Savings Account. Earn competitive interest rates on your surplus funds while maintaining easy access to your money when needed.
• UCU U.S. Dollar Account: Do you conduct business internationally or frequently deal in USD? A UCU U.S. Dollar Account simplifies managing your USD transactions. Save on foreign exchange fees and avoid currency fluctuations, ensuring a smoother experience for your international operations.

UCU’s business credit cards provide flexible spending options with competitive interest rates and rewards programs. They are an excellent tool for managing expenses, improving cash flow, and earning rewards on everyday business purchases.

UCU can help your business achieve its financial goals with a variety of investment solutions. We offer options like Guaranteed Investment Certificates (GICs) and Term Deposits for predictable returns.

Our experienced UCU Wealth Strategies team can help you develop a tailored investment portfolio. They’ll work closely with you to understand your risk tolerance and business objectives, crafting a strategy that aligns with the needs of your business.

UCU provides various borrowing solutions for your business goals. Whether you need a business loan, line of credit, equipment financing or commercial mortgage financing, we offer competitive rates and flexible terms to support the growth and expansion plans of your business.

UCU offers payment solutions to streamline your business transactions, including merchant services, payroll tools and electronic payment processing. Download your monthly statements electronically to import into your bookkeeping software. These services are designed to improve efficiency and reduce transaction costs for your business.

UCU helps with cash flow management through our comprehensive banking solutions, including tailored business accounts, lines of credit and cash management services.

Our business services representative can work with you to create strategies that optimize your cash flow and ensure your business runs smoothly.

Whether you’re looking to:

• Expand your operations: Secure a business loan to finance investments like property expansion or purchase, equipment upgrades, or inventory purchases. Our loans come with competitive rates and flexible repayment terms tailored to your specific needs.
• Manage cash flow fluctuations: A business line of credit provides a revolving facility you can access as needed. This is ideal for covering unexpected expenses, seasonal fluctuations, or short-term financing gaps, ensuring you have the resources readily available when you need them most.
• Finance essential equipment: Equipment financing allows you to acquire the machinery and technology your business needs without a significant upfront investment. This can help you stay competitive and improve efficiency while spreading out the cost over a manageable timeframe.

Opening a UCU business account is simple. We offer several convenient ways to initiate your application for business services:

• Online Appointment Scheduling: Schedule a consultation with a dedicated business banking specialist directly through our website. This allows you to choose a time that best fits your schedule and connect with a representative who can answer your specific questions and guide you through the application process.
• Branch Visit: Feel free to visit any UCU branch and speak with a friendly business banking representative. Our team members are happy to discuss your business needs and assist you with initiating your application.
• Contact Us: If you prefer to connect remotely, you can contact the UCU Contact Centre by phone at 1.800.461.0777 or email at ucucentre@ukrainiancu.com. Our representatives will be happy to answer your initial questions and direct you to the appropriate resources or schedule a follow-up conversation to discuss your specific needs.

UCU provides online and mobile banking platforms for businesses through UCU Online Banking and the UCU Mobile Banking App, available on Google Play or the Apple App Store. These platforms allow you to manage your accounts, make transactions and monitor your finances anytime, anywhere, ensuring you have complete control over your business finances.

Choosing UCU for your business financial needs offers numerous benefits, including personalized service, competitive rates, comprehensive financial solutions and a commitment to supporting your business growth. Our team of experts is dedicated to helping you achieve your business goals efficiently and effectively.

Benefits include:

• Personalized Service: At UCU, we prioritize understanding your business. Our experienced business banking team is available to answer your questions, address your concerns and provide personalized guidance tailored to your specific financial goals.
• Competitive Rates and Fees: We offer competitive rates on business loans, lines of credit, commercial mortgages, and deposit accounts. We strive to minimize your financial costs and maximize your return on investment.
• Comprehensive Financial Solutions: From everyday business banking accounts to complex borrowing solutions and strategic financial planning, UCU offers a full suite of services under one roof. This eliminates the need to manage multiple financial relationships, saving you time and simplifying your financial management.
• Commitment to Your Success: UCU goes beyond traditional banking. We are a partner in your business journey. Our team is dedicated to your long-term success and provides ongoing support and guidance to help you navigate financial challenges and capitalize on opportunities.
• Focus on Local Expertise: UCU has a strong presence within your community. We understand the local business landscape and can provide insights and solutions tailored to your specific market.
• Technology-Driven Convenience: With UCU Online Banking and the UCU Mobile Banking App you can manage your business finances securely and efficiently, anytime, anywhere.