Business Account Checking & Savings
Kohler Credit Union offers business banking solutions designed to help simplify the financial side of your business with checking and savings accounts, business debit cards, and merchant card services that help keep your business moving forward.
Flexible Account Solutions for Your Business
Kohler Credit Union offers business banking solutions designed to support your everyday operations. From business checking and savings accounts to debit cards and merchant card services, you’ll have convenient tools to manage cash flow, process payments, and keep your business moving forward.
Debit Card Access for Your Business
Our business debit cards make managing everyday expenses simple and convenient. Authorized signers can access accounts at ATMs within the Visa PLUS network, and the Visa® debit card can be used anywhere Visa® is accepted for everyday purchases and easy account access. Plus, there’s no service charge when using a Kohler Credit Union or Alliance One network ATM.
- No Annual Fee
- Convenient and safer than cash or checks
- Detailed description of purchases on monthly statements
Checking Accounts
Business Checking1
This account is designed for businesses with a wide range of transaction activity and everyday banking needs. Whether you’re managing payroll, vendor payments, deposits, or daily expenses, it offers the flexibility and convenience businesses need to keep operations running smoothly.
Civic Checking1
We understand nonprofits and community organizations have unique financial needs. Civic Checking is designed for organizations with lower transaction activity, offering a simple and convenient way to manage everyday finances while supporting your mission.
1All items and fees are subject to change at any time without notice.
2All interest rates are available upon request.
Find the Right Way to Save
Share
Provides flexibility to earn interest and reinvest where it matters most.
- No minimum balance
- No service charge
- Dividends paid monthly
Money Market
Pays higher interest rates while keeping your cash accessible when you need it.
- Designed for accounts with balances over $10,000†
- Tiered rate of interest
- Limited check access
- Dividends paid monthly
Certificates
Unlock higher returns on larger balances with a guaranteed rate for a set term.
- Term length of 3 months to 5 years‡
- Federally insured up to $250,000
- Competitive rates
†If the average daily balance falls below $10,000 in any month, the account will be assessed a service fee. Contact a Kohler Credit Union representative for more details.
‡Substantial penalty for early withdrawal. Contact a Kohler Credit Union representative for more details
Merchant Card Services
Our low cost Merchant Card Services make it easy to accept credit and debit card payments directly into your business checking account. Streamline everyday transactions, simplify operations, and create a more convenient payment experience for your customers.
eBusiness Deposit
Mobile Deposit
Deposit checks from your mobile device anytime with Mobile Deposit. Simply snap a photo and securely deposit funds into your Kohler Credit Union business account.
Sign In to Digital Banking
Sign into digital banking from your mobile app. Not enrolled in digital banking? Click here to enroll today!
Access Mobile Deposit
Once logged in, select the menu button in the upper left-hand corner and choose “Deposit Check” from the dropdown.
Select Your Account & Enter Amount
Following the prompts on the screen, select which account the funds should be deposited into and the amount of the check. Select “Capture Image.”
Endorse & Photograph Your Check
Sign the back of the check and write “For mobile deposit only at Kohler Credit Union (KCU) only.” Take a picture of both the front and back of the check as instructed in the mobile app.
Submit Your Deposit
Click the “Submit Deposit” button when you are finished. You will receive a confirmation email when the deposit is received, accepted or rejected.
For more details, please review Mobile Deposit Guidelines, Funds Availability, and Mobile Deposit Agreement.
Remote Deposit Capture
Remote Deposit Capture allows businesses to deposit multiple checks from their office using a compatible check scanner, no branch visit required.
The service has a $50 monthly maintenance fee and requires the purchase of a SaleSource International Panini or other compatible digital check scanner.
Once your scanner is set up, follow the steps below to begin depositing checks electronically.
Endorse Your Checks
Endorse the back of all checks and write “For Remote Deposit at Kohler Credit Union (KCU) only.” Please include your account number after that text.
Enter Deposit Information
Follow the scanner’s prompts before scanning:
- Enter a description for the day’s deposit. Typically this is the date of deposit.
- Enter the batch quantity. This is the total number of checks being scanned.
- Enter the batch total. This is the total dollar amount of checks being scanned.
Start Scanning Checks
Click “Start Scan” to begin scanning your checks.
Contact your Business Relationship Officer or member service at 888.528.2595 to request this service or for more information. The daily deposit limit varies per business member and will be discussed on initial request of this service.
For more details, please review Business Remote Deposit Capture Guidelines and Funds Availability.
Everything You Need to Grow Your Business
Business Loans & Credit Cards
Kohler Credit Union offers business loan solutions designed to help your business grow and succeed.
Business Resources
Explore helpful resources, tools, and information to answer questions and connect you with the support you need to grow and succeed.
Meet the Team
Our team is here to support you every step of the way as you grow and manage your business.
Resources to Grow Your Business
Business Checking & Savings
Frequently Asked Questions
Need a hand? We're here.
What is a business checking account?
A business checking account is designed to help manage everyday business transactions, including deposits, payments, purchases, and operating expenses. Kohler Credit Union business checking accounts offer convenient account access, business debit cards, and digital banking tools to help businesses manage cash flow efficiently.
What is a business savings account?
A business savings account helps businesses set aside funds for future expenses, growth opportunities, emergencies, or planned investments. At Kohler Credit Union, business savings accounts earn dividends while keeping your business funds secure and accessible.
What is the difference between a business checking and savings account?
A business checking account is designed for everyday transactions like paying bills, making purchases, and receiving payments, while a business savings account helps businesses store funds and earn dividends over time. Many businesses use both accounts to manage cash flow, organize finances, and build long-term financial stability.
Do I need both a business checking and savings account?
Many businesses benefit from having both a business checking and business savings account. A checking account supports day-to-day business operations, while a savings account helps set aside funds for taxes, emergencies, future expenses, or business growth. Kohler Credit Union offers both options to help businesses stay organized and financially prepared.
How do I open a business checking or savings account?
To open a business checking or business savings account, schedule an appointment at any Kohler Credit Union branch. A business banking representative will help guide you through the account opening process and required documentation.
Schedule an Appointment
What do I need to open a business bank account?
To open a business bank account, you’ll typically need business formation documents, your Employer Identification Number (EIN), and a valid form of identification for each business owner or signer. Kohler Credit Union will guide you through the process and help ensure you have the required documentation to open your account smoothly.
Do business accounts earn interest or dividends?
Yes. Select business savings accounts earn monthly dividends based on your account balance. Some business checking accounts may also earn interest or dividends when minimum balance requirements are met.
Can I access my business account online?
Yes. Kohler Credit Union business accounts include digital banking tools that allow you to check balances, transfer funds, pay bills, and manage business transactions anytime, anywhere.
Can I get a debit card for my business account?
Yes. Kohler Credit Union business checking accounts include a Visa® debit card that can be used for everyday business purchases, ATM access, and business expenses.
What types of business savings accounts are available?
Kohler Credit Union offers business savings account options including basic business savings accounts and higher-yield savings solutions designed for businesses with larger balances or long-term savings goals.
Can I transfer money between business checking and savings?
Yes. You can transfer funds between your business checking and business savings accounts through Kohler Credit Union digital banking or with assistance from a Kohler Credit Union representative.
Why should I use a credit union for business banking?
Credit unions like Kohler Credit Union are member-focused financial institutions that often offer lower fees, competitive rates, and personalized local service. This can help businesses manage finances more efficiently while building relationships with a trusted community banking partner.
Who is business banking best for?
Business banking is ideal for small businesses, nonprofits, startups, and growing companies that need organized financial tools to manage cash flow, business expenses, payments, and savings in one place.