Business Services


At CHACO, we understand that when it comes to your business, one size does not fit all. By listening to you, we will design solutions to fit your unique business needs. You'll have a finanical partner that understands your business. Stop by any of our convenient locations and let us design a solution for you.


Business Checking Accounts
With four different accounts available, we're confident you will find one that works for your business. Please refer to the chart which illustrates some of the account characteristics:

 

Business
Basic
Checking		 Business
Economy
Checking		 Business
Plus
Checking		 Business
Premium
Checking
Minimum Balance $500 $2,500 $5,000 $10,000
Minimum Balance Fee $10 $25 $35 $50
Dividend (paid monthly on average daily balance) N/A N/A varies varies


Business Check Card
Accepted worldwide, it's safer than cash! Use your check card to pay for everyday business expenses and the amount is automatically deducted from your CHACO checking account.


Business Savings Account
Your initial $5 deposit establishes your share in membership at CHACO. Earn dividends on your balance every day at competitive rates.


Business Loans
CHACO understands as your business grows, so do your financial needs. So let us help achieve your business goals with either a Commercial Real Estate or Business Term Loan. Choose from either fixed or non-fixed rates and terms that vary.

Commercial Real Estate Loans

  • Purchase, refinance, construction, expansion and renovation of owner occupied and investment real estate
  • Conventional financing
  • Fixed and variable rates
  • Up to 20 year loans are available


Business Term Loans

  • Purchase or refinance of machinery, equipment or other capital assets
  • Permanent working capital, business acquisition, debt consolidation
  • Conventional financing
  • Fixed and variable rates

 


FREE Online Banking and Bill Pay
Bank anytime, from anywhere. Check your balance, view transactions, transfer money, pay bills and more.


Payroll and Direct Deposit Services
We can help make your payroll process easier with a time-saving and cost-effective payroll solution. Your employees can enjoy the convenience and dependability of receiving their pay directly into their CHACO accounts.


Merchant Card Services
Point-of-sale payment processing enables customers to make credit and debit card purchases quickly and safely.


Automated Clearing House
ACH transactions offer a cost-effective way to transfer funds and make payments electronically.