Business Services

Services Designed For The Success Of Your Business

As a small business owner, you know the importance of having the right tools to get the job done! That’s why we’ve designed our First Trust business services to meet those needs. It’s more than just great value and service, it’s products and services designed to help you grow your small business.

Why Should I Bring My Account To First Trust?
Because YOU and YOUR EMPLOYEES Become Member/Owners of First Trust Credit Union and can take advantage of the wide variety of products and services, great rates, low fees, and outstanding customer services that our member/owners have come to expect.

  • Competitive Rates
  • Over 55 Years Financial Services Experience
  • Accounts Insured for $250,000 by the NCUA with additional Excess Share Insurance coverage of $250,000 at NO COST TO YOU!
  • Four Convenient Locations
  • Same Day Deposit Credit
  • Local Headquarters for Quick Decision Making
  • Excellent Service, Dedicated and Knowledgeable Employees
  • Several Business Partnerships in Porter, LaPorte, Jasper, Newton, Starke, Pulaski and White Counties
  • Your Employees Can Join First Trust and Take Advantage of Credit Union Membership
  • Products and Services Designed for the Success of Your Business

Contact Business Services Department at: businessservices@firsttrustcu.com

First Trust Business Products

First Trust offers a variety of business products, some with a Preferred Partner. Click on the products below for more information:

  • Merchant Services – accept credit cards and checks with ease
  • Business Checking – It all starts with Business Checking
  • Business VISA Card – Apply Now!
  • Debit Card – VISA Check Card – Safer than cash and more convenient than checks.
  • Insurance Services
  • Investment & Retirement Services
  • Electronic Services (see below)
  • Direct Deposit – Time is valuable so why waste it standing in line – direct deposit will automatically deposit your money in your account so it’s ready for you when YOU need it
  • Remote Deposit
  • Payroll Services
  • Wires (Domestic and Foreign) – Need the money there FAST? Ask us about sending a wire
  • SBA Loans
  • Overdraft Protection – No annual fee, available from savings, money market or line of credit at a low fee per transaction

Business Electronic Services

Online Banking, Mobile Banking and CU*Talk©

Account access 24 hours a day…7 days a week…365 days a year…

  • Get up to the minute account balances
  • View your transaction history and balance your checkbook
  • Pay your bills with instant access to CU*Easy Pay©
  • Set up e-alerts
  • Make a loan payment
  • See what checks have cleared
  • See pending ACH transaction
  • Transfer funds between First Trust accounts
  • Download to Microsoft® Money, Quicken® and QuickBooks®
  • View E-Statements ..enabling you to access your statements anytime

Automated Phone Banking

  • 24/7 account access
  • Check your balances
  • Transfer between accounts
  • Make a loan payment

What Do I Need to Do to Open a First Trust Credit Union Business Checking Account?

Sole Proprietor
An individually owned and operated unincorporated business, using a personal Social Security Number for tax reporting, and maybe having a DBA (Doing Business As) designation.

Documents required to open this account are:

  • A valid government issued photo ID for the owner and all authorized signers
  • Social Security Number of owner, and all signers/users
  • A certificate of sole proprietorship
  • A certificate of assumed name (filed with the county recorder’s office) if a DBA (Doing Business As)

Partnership
An unincorporated business, with two or more persons sharing profits and losses and making joint decisions for the company, using a TIN (Tax ID Number) in the business name.

Documents required to open this account are:

  • A valid government issued photo ID for all partners and authorized users
  • Social Security Number for all partners
  • A partnership authorization
  • A certified copy of the certificate of existence (issued by the Secretary of State’s office)
  • Or a certificate of assumed name (filed with the county recorders office) if a DBA (Doing Business As)

Corporation
A separate legal entity, distinct from the individuals who make it up. Officers elected and listed in the minutes of the Board of Directors meeting. Uses a TIN (Tax ID Number) issued in the name of the corporation.

Documents required to open this account are:

  • A valid government issued photo ID and social security number of the officer opening the account, as well as any authorized signers on the account.
  • Corporate authorization resolution
  • A certified copy of the certificate of existence (issued by the Secretary of State’s office)

Limited Liability Corporation
An unincorporated organization. Members of an LLC are not personally liable for its debts and liabilities unless they have signed a personal guarantee. LLCs have the limited liability of a corporation and gain the advantage of being taxed as a partnership, using a TIN (Tax ID Number) in the company’s name.

Documents required to open this account are:

  • A valid government issued photo ID for all authorized signers on the account and social security numbers of all users
  • A limited liability company resolution
  • A certified copy of the certificate of existence (issued by the Secretary of State’s office)

Association/Organization/Club
Account may be in the name of an informal social club, religious organization,charitable organization or other group using a TIN (Tax ID Number) issued in the name of the association.

Documents required to open this account are:

  • A valid government issued photo ID for all authorized signers on the account and social security numbers of all users
  • An unincorporated organization resolution

Employee Benefits Program

First Trust Credit Union At Work
We have the RESOURCES to meet your employee’s needs. Let First Trust help you provide a competitive benefits package to retain dedicated employees. When your company offers your employees First Trust membership, you give them the opportunity to own a share of one of the areas most innovative trusted financial leaders for more than 50 years.

Other Resources

Disclosures

Regulation GG Restricted transactions are prohibited from being processed through your account at First Trust Credit Union. Restricted transactions are those in which a person engaged in the business of betting or wagering accepts credit, funds, checks, instruments or other proceeds from another person in connection with unlawful internet gambling. We may block or reject any such restricted transactions. Further, we reserve the right to block or close any account which we believe is in receipt of such transactions.

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