Business Services

Since 1936, Mutual Savings Credit Union has provided quality products and services. When you open a business account with Mutual Savings, you get great loan rates and the same conveniences that all our members enjoy. Enjoy online access to monitor your company’s transactions with:

• Free online home, mobile and telephone banking.
• Online Bill Pay.
• Free debit card on business checking accounts.
• Free e-Statements.

We offer a variety of products that businesses will enjoy.

Business Loans

Mutual Savings offers real estate secured business loans from $50,000.00 to $1,000,000.00.

To apply for a business loan you must submit an application along with the two (2) most recent years of business and personal tax returns and a personal financial statement.

For more information on business loans, contact Jim Rochester, Vice President of Business Lending at 205-682-1141 or email at: jrochester@mutualsavings.org.

Business VISA®

All businesses watch their expenses as well as cash flow. Mutual Savings Credit Union offers a low rate of 9.90% APR or 13.70% APR for businesses. Offering multiple users and the safety and security VISA® credit cards provide, this is a great benefit for your business to safely make purchases. Apply today.

Business Checking

Cash in. Cash out. It’s the daily transactions that define the balance sheet of a business. Mutual Savings Credit Union’s Business Checking can provide your business a low cost checking account that will enable you to process payroll deduction, direct deposits and wire transfers. A monthly fee of $10.00 is a money-saving tool for your business.

Business Money Market

With a higher opening deposit of $5,000.00, your business will enjoy all the benefits that a money market checking account can provide. Withdrawals are limited to six (6) monthly to a third party. Ask a representative for more details.