Union Savings Bank ABCs of Business Banking

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THE ABCs OF BUSINESS BANKING

CONGRATS ON YOUR NEW BUSINESS!

Union Savings Bank is here to support you at every step of your business journey. With a strong financial foundation, you can focus on what you do best. We’ve put together this handy guide for getting your business started off right.

A is for ACCEPTING PAYMENTS

We can help you set up efficient payment methods— from your account, including bill pay, ACH, and wire transfers, ensuring smooth transactions.

B is for BUSINESS CHECKING

A dedicated business checking account builds business credit, simplifies accounting and taxes, offers liability protection, and enables access to business banking services.

C is for CREDIT CARD

A credit card offers new businesses access to credit, expense tracking, and credit building for future growth.

D is for DEBIT CARD

A debit card helps new businesses separate finances, conveniently make purchases, and comply with tax regulations.

E is for EASY

When you’ve got a partner like Union Savings Bank, getting your finances set up is easy.

F is for FINANCIAL SUPPORT

If you need help with recordkeeping, tax compliance, analysis, and forecasting, we can connect you to the right people.

G is for GROWTH

At Union Savings Bank, we’ve helped thousands of businesses build and grow.

H is for HELPFUL

A bank is only as good as its people. That’s why you’ll get a dedicated business banker for any questions you may have.

I is for ID

You’ll need to have a business tax ID to comply with legal requirements. Our helpful bankers can walk you through the process.

J is for JUDGMENT

This isn’t our first business rodeo. Our business bankers can help you make tough calls when it comes to money.

K is for KEY METRICS

We’re here to make better business performance happen ASAP. Get the tools and reports to help monitor key financial metrics like cash flow, savings, and ROI.

L is for LOAN SOLUTIONS*

Need a business loan? We offer flexible options, easy application, and fast funding. Our local team is here to help you manage cash flow and make capital purchases.

M is for MANAGING CASH FLOW

Our team can help you manage your cash flow with treasury management solutions like payment and deposit services, greater fraud protection capabilities, and premium reporting.

N is for NEIGHBORHOOD

We live and work here in Western Connecticut. If you’re starting a business here, we can give you all the intel and local know-how.

O is for ONLINE

With online banking and mobile apps, your business finances are always at your fingertips.

P is for PERSONAL BANKER

At Union Savings Bank you’ll have a dedicated personal business banker to help every step of the way.

*All loans and line are subject to credit approval.

Q is for QUICKBOOKS

Our business checking accounts are compatible with Quickbooks so you can manage your income and expenses like a pro.

R is for REGULATIONS

Setting up a business requires a lot of documents. We’ll discuss what you need so you can get up and running quickly , and connect you with attorneys who can handle legal compliance, contracts, and protect intellectual property.

S is for SERVICE

We have a dedicated team of business banking pros working to answer any questions and support your financial success every step of the way.

T is for TAXES

Our team can help you prepare for taxes by recommending some of our trusted accountants.

U is for UNIQUE SOLUTIONS

We’ll always go the extra mile to make sure your business can thrive. That means working closely to understand your goals and provide customized banking options.

V is for VENDORS

Our online systems make it easy to keep track of your vendors and payments, all in one place.

W is for WISE INVESTMENTS

We’re here to give you investment advice and options to help you make informed decisions and maximize returns on your business capital.

X is for eXtra

We like to go the extra mile for our customers, it’s just who we are.

Y is for YEARLY REVIEWS

Health is wealth! We offer annual (or any time really) financial check-ups to review your progress, adjust strategies, and plan for the future.

Z is for ZERO FRAUD TOLERANCE

We implement advanced security measures and provide monitoring services to safeguard your accounts from any bad actors out there.

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