Business Services
Business Accounts
To operate your business you may have the need for a checking account, or maybe even just a place to invest your hard earned dollars. The credit union offers NO FEE business accounts. Compare your current costs to our NO FEE business accounts. We also can help you with the other necessary benefits of running a business, such as disability and compensation insurances, pension plans and many other benefits.
Retirement Plans for Business
Whether you are a small or large business, we can develop a retirement plan to meet your needs. We currently provide advice and planning services to several area businesses, helping them with their most valuable asset, their employees! See if we can help save you with the cost of your benefit’s program.
Simple IRA Plans
These plans give small business owners the most important benefits of a company retirement plan while eliminating the hassles and expenses that typically accompany an employer-sponsored program. From determining the right course of action to implementing the actual plan, we are there for you.
Group Life Insurance
You can provide your employees with inexpensive life insurance coverage at reasonable rates without extensive underwriting requirements
Group Health Insurance
All employees and their families can obtain comprehensive medical plans which can be tailor-made for your group.
Short Term Disability
Mandatory New York State disability coverage is available for all employees. Benefits are paid weekly after seven days of disability and can be paid for 180 days.
Long Term Disability
Each employee could be covered for a percentage of their monthly salary and receive benefits for 2 years, 5 years or to age 65 in the event of disability.
Vision Coverage
Employees can choose among five benefit-level programs. Employees choose their own optometrist. No deductible for employee or dependent.
Dental Coverage
Regular dental exams, fluoride treatments and cleanings are covered. Bite-wing and panoramic X-rays are covered. Periodontics and dentures are covered.
Worker’s Compensation
Mandatory New York State benefits can be obtained through many companies.
Business Interruption Coverage
If your regular business activities are stopped due to a covered risk, (ie. flood, wind storm etc.) your overhead expenses would be reimbursed to you.
Property and Casualty Coverage
Your business building and property can be insured if you have a loss. In addition, liability coverage can protect your assets if a lawsuit is brought against the business for negligence.