At UMassFive, we understand the unique challenges our local business owners face and the importance of having a financial partner that allows you to focus on what you do best: serving your clients! We are proud to be supporting nearly 600 local businesses with their financial needs and are continuing our focus on furthering the breadth of products, services, and resources that we are able to provide to our local business community.
Newsletter 2024 V1 Article - UMassFive Commercial Services: Your Trusted Business Partner
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Co-op Points
Our business accounts can now take advantage of earning and redeeming Co-op Points, just like you always have been able to with your personal banking accounts! Business accounts are automatically enrolled in Co-op Points, and you can transfer points from your personal account to your business account, and vice versa. Use Co-op Points to waive a service charge for your business or to help boost the rate of a business term deposit. Check your points monthly on your statement and let us know when you want to utilize them.
Co-op Advantage Checking & Online Services
With a competitive dividend rate, ATM fee refunds across the country, and online account access with the ability to send ACH and wires, our Business Co-op Advantage Checking account and accompanying online tools are all you need to keep on top of managing your business. Contact a UMassFive representative today to establish your UMassFive business checking account.
Express Loan Applications
Looking to finance a new project or piece of equipment? Our online Digital Business Lending Center* makes applying for business loans up to $100,000 simple and convenient! Visit umassfive.coop/businessexpress to learn more and apply.
The Right People
More than just a place you keep your money safe, our business experts care about the success of your business, and we pride ourselves on taking the time to understand your goals to best learn how we can help be part of the solution to get you there.
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Looking to open an additional business account, or move your business banking relationship to UMassFive?
* In order to use our express application, business must be two years or older and within the counties of Berkshire, Franklin, Hampden, Hampshire, or Worcester, Massachusetts.