Business Loans and Banking Services

Business Accounts

A First Alliance Credit Union business checking account provides you with a simple and cost effective way to manage your cash flow and process your daily profits and expenses. We offer three types of business checking accounts to fit your individual business needs. If you're not sure which account will be the best fit, that's okay, we're happy to assist you.

• Basic Business Checking

  Not every business turns high volumes of monthly transactions, we get that! That’s why this account is designed specifically for low transaction businesses. Now you can stay focused on your customers, not your checking account.

  • Low $100 Minimum Balance Requirement

  • Small $5 Monthly Fee (only if balance falls below minimum)

  • Start earning dividends with only $1,000 balance

  • 100 free monthly transaction, with only a $10 flat fee for additional transactions

• Premium Business Checking

  High volume businesses need a checking account that can keep up. This account is optimized to bring success to well established or high transaction businesses. This straightforward business checking account makes it easy to focus on what’s important, your customers.

  • Only a $2,500 Minimum Balance Requirement

  • Small $10 monthly Fee (only if balance falls below minimum)

  • Start earning dividends with only $5,000 balance, plus tiered dividends at $10,000

  • 300 free monthly transaction, with only a $25 flat fee for additional transactions

   

• Non-Profit Business Checking

  This account is customized to fit the needs of non-profit organizations. With no minimum balance requirements or extra fees your organization can worry less about your finances and more about making a difference in the community.

  • No Minimum Balance Requirements or Fees

  • Start earning dividends with only $1,000 balance, plus tiered dividends at $5,000 and $10,000

  • No monthly transaction restrictions

• Business Savings Account

  Every business needs a savings account! We make it easy to build your business with low minimum balances and no monthly fees on your accounts. This account is the basis of your business membership with First Alliance Credit Union.

  • $5 Minimum Balance

  • No Monthly Fee

  • Start earning dividends right away

  • Unlimited deposits

  Ready to open your business membership with us? Here's the documents you'll need to bring with you!

  If you really want to put your money to work, we also offer business money market accounts and business certificates of deposit!  

• Clover - Create Your Own Luck

  Run your whole shop from one smart screen

  At First Alliance, we’re all about giving local businesses big‑time possibilities. That’s why members can power up with Clover®—a point‑of‑sale system that keeps every piece of your operation humming, from ringing up sales to rewarding loyal customers.

  Why Clover makes business easier

  • Employee Management
    See sales by team member, set shifts, and prep payroll without extra spreadsheets.

  • Inventory Management
    Build item categories, watch stock levels in real time, and know exactly what’s selling.

  • Customer Engagement
    Launch discounts, digital punch cards, and promos so customers find more reasons to return.

  • Transaction Reporting
    Sync in‑store and online sales to spot trends and track the numbers that matter.

  Limited‑time member offer

  Grab a Clover Business Bundle and get:

  $500 back in your pocket

  A 60‑day Essentials Plan trial to test every feature, worry‑free*

  Ready to see how simple running your business can be? Let’s talk about the Clover setup that fits you best.

  Get started today!
  

  Contact Danielle Sommerfeldt,

  Community Lending Manager

  commercial@firstalliancecu.com

   

  *Promotional offer valid from April 1, 2025, through June 30, 2025. This offer is available for qualified First Alliance Credit Union merchant services customers who have not had a merchant services account processed by First Data Merchant Services LLC within the last six months. Offer is valid for one Clover Business bundle for a Clover Flex, Flex Pocket, Mini, Station Solo, or Station Duo pointof-sale hardware device purchase or 36-month or 48-month subscription. The Clover Business bundle includes a $500 rebate and a no-cost 60-day trial of the Essentials service plan. The $500 rebate will be initiated approximately 60 days after the account begins processing transactions. The Essentials Plan monthly fees will be billed after 60 days. To be eligible, the merchant must (1) purchase or subscribe to a Clover Flex, Flex Pocket, Mini, Station Solo, or Station Duo point-of-sale device; (2) be credit approved between 4/1/25 and 6/30/25; (3) sign a merchant processing agreement; (4) activate account within 30 days from approval date. Additional fees apply to certain services on activated accounts. Eligibility is at the sole discretion of First Data Merchant Services LLC. Only one offer per eligible business tax ID. Offer not valid with any other offer and is subject to change without notice.

  
  © 2025 Clover Network, LLC. The Clover name and logo are registered trademarks owned by Clover Network, LLC and are registered or used in the U.S. and many foreign countries. Use of Clover requires a Merchant Processing Agreement. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. 3038850 2025-03