
Cash Management
Every business is trying to make money. But you need to be able to manage your cash. We can help you deposit checks, pay bills and process credit card receipts faster and more efficiently.
We make depositing checks, paying bills and processing payments easier.
What if you could have an employee deposit all the incoming checks without leaving the office? You can do that with Remote Deposit. What if you could pay bills and receive payments electronically and drastically reduce paperwork? You can do that with ACH Services. In fact, CoVantage offers a wide range of services that can make a big difference to local businesses in Wisconsin, Michigan, and Illinois and beyond.
- Merchant Services for handling credit card and debit card purchases
- Traditional ACH and Payroll Servicing
- ACH Transfer Services through MyCoVantage Business
- Night Depository for after-hours deposits of cash and checks
- Business ATM/Debit Card
- Hail and multi-peril crop insurance
- Coin and currency orders
Business Remote Deposit Services
- Scan your checks at your business and deposit them electronically into your business checking account whenever it's convenient for you.
- Improved funds availability: Deposit checks up until 3 p.m. for next-day posting
- Fewer trips to our branch: Eliminate courier costs or transportation delays
- Improve record keeping: Retain check images and produce reports for your records
- Low overhead: Accessible from any workstation with internet access
- Quality control: Items or batches can be reviewed by others for additional controls
- No software hassles: Interfaces with common accounting software platforms
- Easy analysis: Deposit summary information available through your MyCoVantage Business account
- Total security: Fraud-prevention tools make Remote Deposit more secure than mailing checks
- Business Remote Deposit customer support: Available from 7 am to 7 pm Monday through Friday by calling 866-711-0566
To apply for a business loan, contact your local Commercial Lender or fill out the secure form below
Whether you’re a small family-owned business or a large corporation, we invite you to give us a call. We will be happy to make an appointment to meet with you at your business or at the credit union to review your financial needs.
You may be required to provide the following:
- Personal and business tax returns from the last three years, including all schedules and K-1s
- Current Personal Financial Statement
- Current Business Financial Statement

"CoVantage Credit Union Supports the Growth of Our Business"
"Getting a business loan from CoVantage is easy. I make a phone call, send an email, and we work on a few closing dates and it's as easy as that." - Mike Link
Additional Resources

The 10 Budgeting Basics
- February 16, 2024
- Lindsey Mueller, Community Outreach Officer

Choose Your Own Adventure: Counseling and Planning
- February 16, 2024
- Lindsey Mueller, Community Outreach Officer