Business Savings

Use a savings account with easy access

Your basic business savings account is your ticket to all of our offerings, including member-only loan rates. Also, with a minimum balance of just $5.00 and access in your mobile app, you can quickly move money from savings to checking to meet payroll or another big expense.

Save more with a Money Market

We know every dollar counts for a small business. Our business money market provides more interest at just $2,000. Plus, it’s still easy to move money quickly to your checking, if you need it, through our mobile or online banking.

Non-Profit Reserves Savings

We love the do-gooders of the world. That’s why we have a special, high rate savings account for non-profits. It’s just one more way we try to give back to our community.

The account is available to 501(c)3 and 501(d) organizations. It can be used to secure a business credit card, too!

To open a Non-Profit Reserves Savings Account, please call 303-573-1170 or contact us.

View Rates

Find a Branch or ATM

Merchant Services

Tools to take your business to the next level.

Great tech

All your favorites with commercial online banking. Mobile check deposit. 24/7 account access. Cool app.

Low Minimum Balance

Make the most of your account without sacrificing liquidity.

Frequently Asked Questions

Does the business account comes with online banking and mobile banking?

Yes, all our memberships have online and mobile banking. As a business member you will have more options under the online platform that will help your business with their operating activities.

Do you offer payroll services?

Yes, we partner with Newtek who is our payroll services provider and will guide you to the best option that fits your business needs.

There are three owners of the business, but only one wants to be managing the account. Do we all need to come in to open the account?

No. Only the person(s) authorized to open the account should come in, or apply online. However, we still need the date of birth, social security number, (ID? What does this mean? ID #? Of a driver’s license?), and address of all of the owners of the business, even if they are not going to be signers on the account. Also, we required an operating agreement, incorporations agreement, minutes or partnership agreement indicating who is authorized to manage the business account with Denver Community.

I have an EIN, but I have not registered my business with the Secretary of State. Can I open the account and then register my business?

No. We are required to have a certificate of good standing stating that the business is active and in compliance with the Colorado Secretary of State.

Do you offer second chance business accounts?

No, we offer our Simply Business Checking and Business Analysis Checking accounts.

I live out of state, but my business operates in and is registered in Colorado. Can I open a business account with Denver Community CU?

Yes, as long as the business is operating and registered in Colorado and is within the counties of Adams, Arapahoe, Denver, or Jefferson, you can open a business account.

How much is your merchant services?

We partner with Total Merchant Concepts (TMC). We will refer you to them and they will guide you on the best merchant option for your business needs.

If I open a business account, do I get a debit card with the business name on it?

All business accounts come with a debit card and your business name is embossed on the front of the card plus the signer’s name.

Do you offer just a checking account?

Our business membership is your savings account and your checking account is your operational account.

Do you offer dual signature on checks for business accounts?

No, any account signer can sign the business checks associated to the account.

Can I open a business account if the business is registered in another state?

No, the business has to be operating and registered under the Colorado Secretary of State.

Do you offer start up loans for entrepreneurs or if I am just starting my business?

No, we do not have startup loans. However, we partner with Mi Casa, RMMFI and Dream Spring that have programs and funding options for startup businesses. You may also want to consider a HELOC or other personal loan for funds to start a business.

What do I need to open a Business Account?

Please refer to our Business Account Checklist.

Can I open a Certificate of Deposit (CD) or Money Market account under my business membership?

Yes! A CD or Money Market can be added to your business membership. Click here to see our current rates.

Will I receive a debit card under my business name?

Yes! Once your checking account is opened, you will receive your Visa® debit card.

How much is the opening deposit?

Our opening deposit for businesses is no different from our personal accounts. Denver Community Credit Union requires $25 to open a membership.

What types of checking accounts do you offer?

We offer two types of business accounts to meet your business’s needs.

Simple Business Checking
Business Analysis Checking

For complete details, please refer to our business checking disclosure:

Business Checking Disclosure

Do you offer online banking for business accounts?

Yes! We have a section within our online banking platform designed for our business members.

Who needs to be present at account opening?

Whomever is going to manage, control, or have access to the account.

What documents do we need to open a Business Account?

To open a Denver Community business account, you will need the items in the following checklist: Download Business Account Checklist

Here's how it works

Get started online

All you need is $5.00 to make your first deposit.

Explore your options

Check out choices for loans, merchant services, and more.

Get help when you need it

We know a lot about doing business. We'd love to help with any questions.

Open Now

I love DCCU. They are wonderful, easy to work with, kind, courteous, and quick to resolve issues. Will stay with them forever.
Stacia A.

Resources

Truth In Savings Disclosure

TRUTH IN SAVINGS DISCLOSURE

Except as specifically described, the following disclosures apply to all the accounts.

Rate Information. The dividend rate, or interest rate, and annual percentage yield on your accounts are set forth on the reverse side. The annual percentage yield is a percentage rate that reflects the total amount of dividends/interest to be paid on an account based on the dividend/interest rate and frequency of compounding for an annual period. For Certificates of Deposit and IRA Certificates of Deposit, the interest rate and annual percentage yield are fixed and will be in effect for the term of the account. The annual percentage yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Nature of Dividends. Dividends are paid from current income and available earnings after providing for the required reserves. The dividend rates and annual percentage yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting. Interest and dividends will be compounded and credited as set forth on the reverse side. The dividend/interest period for each account is also set forth on our Rate and Fee Schedule. The dividend/interest period begins on the first calendar day of the period and ends on the last calendar day of the period.
Balance Information. The minimum balance required to open each account is set forth. Interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
Accrual of Dividends. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account. Dividends will begin to accrue on noncash deposits (checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will not be paid.
Account Limitations. The account limitations for each account are set forth in our Membership and Account Agreement
Your account will mature on the maturity date set forth on your account receipt or renewal notice.
Early Withdrawal Penalties. A penalty may be imposed if you withdraw any of the certificate funds before the maturity date or the renewal date, if this is a renewal account.
Amount of Penalty. For Certificates of Deposit and IRA Certificates of Deposit the amount of the early withdrawal penalty for your account is 90 days’ interest for a term of 12 months or less, and 180 days’ interest for a term over 12 months.
How the Penalty Works. The penalty is calculated as a forfeiture of part or all of the interest that have been earned on the account. This penalty applies to earned interest and principal.
Renewal Policy. Certificate of Deposit accounts will automatically renew for another term upon maturity. You have a grace period of seven days in which to change or withdraw the funds without being charged an early withdrawal penalty.
Exception to Early Withdrawal Penalties. At our option, we may redeem the account before maturity without imposing an early withdrawal penalty under the following circumstances:
- When an account owner dies
- or is determined legally incompetent by a court
- or other body of competent jurisdiction.
Nontransferable / Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner except obligations with the Credit Union.
FEES FOR OVERDRAWN ACCOUNTS. Fees may be imposed on each check, draft item, ATM card withdrawal, debit card withdrawal, debit card point of purchase, preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance. The entire balance in your account may not be available for withdrawal, transfer or payment of a check, draft or item. You may consult the Funds Availability Policy for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, item or transaction. If we have approved an overdraft protection limit for your account, such fees may reduce your approval limit. Please refer to the Rate and Fee Schedule for current fee information.

Checking Comparison Chart

Compare Checking Accounts

Preferred Checking

Clear Card

Second Chance Checking

Minimum Opening Balance

Suggested opening amount- $25

ID Safe Choice Charge Possible

Yes

Direct Deposit

Accepted and encouraged

Dividends Paid

Privilege Pay

Available after 90 days

Overdraft LOC

Available immediately, with approved credit

ATM/Debit Card

Instant Issue

Shared Branching

Available

Free Bill Payer

Available

Mile High APY

Yes

N/A

Yes

5 Buck Club

Yes

We want your business to succeed