Smart Banking for Colorado Business Owners: Your Questions Answered

Whether you're launching a startup in Fort Collins, expanding a storefront in Denver, or managing a growing team in Colorado Springs, your banking partner should be as invested in your success as you are.

At Westerra Credit Union, we offer business banking solutions designed to help you manage, grow, and thrive. Here are answers to some of the most common questions local business owners are asking — and how Westerra can help.

What Kind of Business Accounts Do You Need?

Every business needs a reliable way to manage daily transactions. Westerra’s Business Spending Accounts are built for simplicity and flexibility, with:

• Low fees

• Free online and mobile banking

• Debit cards and digital payment tools

• Compatibility with accounting software

These accounts make it easy to pay vendors, manage payroll, and track expenses — all in one place.

Can You Earn Interest on Your Business Savings?

Yes. Westerra offers Business Savings Accounts that help you grow your reserves while keeping funds accessible. Options include:

• Standard Business Savings

• Business Money Market Accounts for higher balances

• Business Certificates for fixed-term savings with competitive rates

Whether you're saving for expansion, seasonal expenses, or future investments, these accounts help you build financial stability.

What If You Need a Business Credit Card?

Westerra’s Business Visa® Credit Card gives you the flexibility to manage purchases, travel expenses, and unexpected costs. Features include:

• Competitive rates

• No annual fee

• Expense tracking tools

• Mobile wallet compatibility

• Fraud protection

This credit card is a smart way to keep business and personal finances separate while earning rewards and maintaining control.

How Can You Access Funds When You Need Them?

For short-term needs or seasonal cash flow, Westerra offers a Business Line of Credit with:

• Revolving access to funds

• Competitive interest rates

• No prepayment penalties

• Local decision-making and personalized service

This line of credit is ideal for purchasing inventory, covering operating costs, or managing unexpected expenses without committing to a long-term loan.

Can You Manage Your Accounts Online?

Absolutely. Westerra’s Business Online Banking platform gives you secure, 24/7 access to your accounts. You can:

• View balances and transactions

• Transfer funds between accounts

• Pay bills and vendors

• Set up alerts and controls

Business Online Banking is designed to help you stay on top of your finances from anywhere, whether you're in the office or on the go.

How Do You Open or Manage Your Business Accounts?

Westerra makes it easy to open and manage your accounts with dedicated support and streamlined tools. Through our Business Account Services, you can:

• Open new accounts with guidance from our team

• Add authorized users or update account details

• Access business banking specialists for personalized support

We’re here to help you get set up and stay organized, so you can focus on running your business.

You’ve Got This

Colorado business owners are creative, driven, and ready to grow. With the right financial tools, you can take your business to the next level. Westerra Credit Union is here to support your journey — from startup to scale-up, and everything in between.