Loan Products  |  Business Checking  | Other Services

Commercial Services

As a community chartered Credit Union serving a rural membership, we are committed to meeting the often unique financial needs of farmers and business owners. This commitment includes offering specialized types of loans and share draft accounts with special rate structures, and insurance products that can benefit those in commercial and agricultural businesses.

 Loan Products

 Call Center: 715-627-4336 or
toll-free 1-800-398-2667

Please email us with questions or comments.

PRIVACY POLICY

 

Commercial Real Estate Mortgages
Long term loans for the purchase of new property or to improve/refinance properties currently owned, including rental properties. We also offer Construction mortgages. Fixed or variable interest rates available.

Business Term Loans
Loans for the purchase of machinery, equipment, vehicles, livestock, furniture and fixtures, or to refinance existing capital loans. Fixed or variable interest rates available.

Lines of Credit
A revolving loan for crops or cyclical operating needs. Visit or call our offices for a loan advance or utilize TEX or e-TEX, our free 24/7 audio response and home banking services. These loans may require a 30 day consecutive pay down period. Terms include monthly or annual repayment options and fixed or variable interest rates.

Single Payment Notes
Short term notes with a single payment of principal and interest due at maturity.

Special Financing 
We provide loans to businesses that do not qualify for credit under conventional underwriting standards. We offer government guaranteed SBA, FSA and WHEDA loans, WHEDA interest rate subsidized loans, and consider options available through county and city economic development programs. These loans may include commercial mortgages or term loans for machinery, equipment, and fixtures, as well as working capital, accounts receivable and inventory loans, purchase of an existing business or renovation loans. Terms vary depending on the purpose of the loan and the program being utilized.

Letters of Credit
A payment or performance guarantee used, for example, to guarantee repayment of loans, to ensure fulfillment of a contract, and to secure payment for goods delivered by third parties. The beneficiary to a standby letter of credit can cash it on demand. Terms vary based on the needs of the contract or your beneficiary, subject to a letter of credit fee.

Click here to download an Application Packet.

Business Credit Cards 
We offer two options for our business credit card users - unsecured credit cards must be paid in full on a monthly basis while our secured cards have a revolving balance option although basic features of the card are available on either card program. Purchase balances paid in full within 25 days will not be assessed a finance charge under either type of card. The annual fee is $5 per credit card account. Our tellers are able to accept your VISA and/or MasterCard payments at any of our offices or you may pay online or by mail.

Click here to download a Credit Card Application Packet and view more disclosures..

Business Checking Accounts

• Plan A is for business’ with less than $100,000 in aggregate commercial loan balances with CVCU.
• Plan B is for business’ with CVCU aggregate commercial loan balances from $100,000 to $299,999.
• Plan C is for business’ with CVCU aggregate commercial loan balances in excess of $300,000 and for charitable organizations.