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Business Services

All the benefits of small business banking. All the economies of a credit union.

Quite simply, Telephone Workers' Credit Union makes small business banking more personal, more professional and more affordable. As one of the largest credit unions in the state, we have the financial and human resources to provide you with all you need to run your business more efficiently. And as a credit union, our earnings are returned to our members in the form of lower rates and fees. That means that you will find us more economical than other small business offerings.

Business Services Available:

 
Apply for a Business Account today! Click the link below to download an application.

In addition to your application, you will also need to fill out a resolution at account opening. Download the appropriate resolution for your type of company below.

Corporation
Sole Proprietorship
Partnership
Limited Liability
Nonprofit Association or Organization

For more information on how Telephone Workers' Credit Union can meet all your business banking needs, please contact:

Thomas Lynn
Business Development Officer
(617) 439-6575
tlynn@twcu.org

 

TWCU offers several different types of business loans to match almost any type of situation, including term loans, lines of credit, and commercial real estate loans. Some of the advantages of financing your loan needs through TWCU include:

  • Flexibility – Borrow anywhere from $25,000 up to $750,000.
  • Speed – Get approved within 3 days!
  • Low Fees – Closing fees as low as ½% and no pre-payment penalties.
  • Rates – We offer highly competitive, risk-based rates.
  • Cost – There is no fee to apply for a loan.

Applying for a business loan is easy! Simply click on the link below to download an application.

 

Free Business Checking Accounts / Business Debit Cards

With Free Business Checking, no minimum balance is required and there are no monthly service charges. What’s more, Online Banking, Bill Pay, a MasterCard Business Debit card, E-Statements, and your first order of checks are all FREE!


Business Savings and Investment Accounts

  • Business Share/Savings
    With a $5 minimum balance, this account entitles you to all the benefits of credit union membership, while earning dividends at an attractive rate.
  • Business Money Market
    Earn higher dividends with a money market account. Minimum balance is $2,500. Withdrawals on this account are limited.
  • Business Term Certificates
    Maximize your return on investment with a certificate of deposit. Available terms range from 3 to 60 months. 
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