Phishing alert: SELCO impersonators are sending fake texts asking users to verify their username or password. As a reminder, SELCO never sends text messages requesting sensitive information, including login credentials. If you receive one of these texts, please delete it immediately.

All SELCO branches will be closed Monday, May 27, in observance of Memorial Day. Account access will still be available through digital banking at selco.org/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.

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.

4 Ways To Watch Your Savings Grow

Conventional savings accounts offer the easiest access to funds but the lowest interest rates. Don't overlook certificate, money market, and health savings accounts as alternatives.