Business

To take advantage of Scott Credit Union’s services for businesses, all you need to do is open a share savings account with a $5 deposit. You’ll enjoy lower fees, better loan rates, and our exceptional service.

Business Checking

Jonas Janek Photo
“We started Jensen Fabrication LLC in 2011 and Scott Credit Union has been with us since the beginning. They have provided us loans for working capital, equipment, vehicles, and real estate. They also provide our business credit cards and deposit accounts. They listen to our needs and provide the appropriate solutions. Their costs are low and responsiveness is excellent. I couldn’t ask for a better business partner than Scott Credit Union.” Jonas Janek, Managing Member, Jensen Fabrication, LLC

Premier Business Checking

  • No minimum balance
  • 100 free transactions per month
  • 15¢ per transaction after the first 100
  • Returned deposit items: $10.00
  • Deposit corrections: $10.00
  • Debit card

Premier Plus Business Checking

  • Interest on balances over $2,500
  • $10.00 monthly service charge waived with a $5,000 daily balance
  • 200 free transactions per month
  • 15¢ per transaction after the first 200
  • Return deposit item: $10.00
  • Deposit corrections: $10.00
  • Debit card

Scott Credit Union wants to see you and your business succeed. Contact Business Services today for more information. Call 618-345-1000 ext. 8 or email [email protected].

Business Loans

Business Loans

We offer business loans to help you meet all of your company’s growing needs.

  • Small Business Administration Loans (SBA)
    • 504
    • 7(a)
    • Express Lines of Credit
  • Commercial Real Estate Loans
  • Business Vehicle Loans
  • Capital Improvement Loans
  • Business Lines of Credit
  • Equipment Loans
  • Working Capital Lines

Features and Benefits:

  • Competitive Loan Rates
  • Low Fees
  • Local Decisions
  • Quick Response Times


Visa® Business Credit Card

Business Credit Card

Scott Credit Union Business Credit Cards now offer you a way to control expenses and meet the needs of your growing business.  Get a business rewards credit card that lets you earn points on everyday purchases with no point limits and no redemption fees. Plus, your points won’t expire!Business-Credit-Card

Our Business Credit Cards offer the following features:

  • No Annual Fee
  • Earn 1 point for every $1.00 in credit card signature transactions
  • 24/7 member service
  • Low Interest Rates
  • Rewards Program – Redeem points for gift cards, cash, and travel
  • No additional cost for employee cards while earning points with their purchases

Scott Credit Union wants to see you and your business succeed. Contact Business Services today for more information. Call 618-345-1000 ext. 8 or email [email protected].

SBA Loans

What are SBA loans?

The U.S. Small Business Administration is a federal agency committed to furthering the growth and development of small businesses. One of the ways it does this is by guaranteeing loans to small businesses made through lending partners. The SBA does not make loans directly to small businesses. Rather, it sets the guidelines for loans, which are made by its lending partners. The SBA guarantees a percentage of loans, minimizing the risk to its lending partners and increasing the possibility that small businesses will receive the funds they need.

Advantages of SBA loans:

  • Up to 90% financing
  • Terms up to 25 years
  • Fixed and variable rate options
  • No balloon payments
  • Most for-profit small businesses are eligible

There’s an SBA loan for almost any business need.

  • Commercial real estate purchases
  • Business acquisition or expansion
  • Equipment, inventory or working capital
  • Debt refinancing

Scott Credit Union wants to see you and your business succeed.  Contact Business Services today for more information.  Call 618-345-1000 ext. 8 or email [email protected].