Service, value, and convenience for your business

Transcription

1 Service, value, and convenience for your business

2 Alaska USA for your business. It makes great business sense! To learn more about Business Checking Visit any branch Go to alaskausa.org Call (800) or (907) At Alaska USA you re not just a customer, you re a member and an owner. That means your business gets excellent service, real value, and the convenience you need! Take a look and you ll find that Alaska USA has everything your business needs, all in one place, making it the ideal choice to be your single-source financial services provider. 1 Alaska USA Business & Commercial Services

3 Start with the basics checking made better. Checking plus dividends! With $1,000 or more on deposit, your account will earn monthly dividends. And the more you have in your account, the higher the dividend you will receive. Pay less in account fees. Low monthly maintenance fee. Low checking activity fees the first 100 checks are free. Low deposit adjustment, returned item, and cash service fees. Open an insured investment account and watch your money grow. Certificate accounts earn guaranteed dividends on your funds easily and conveniently. Money market accounts tiered dividend rates in Super and Jumbo accounts allow for optimum earning potential. Maximize your flexibility with a free Alaska USA Business Visa Debit Card. Purchases and transactions are simple. Make online purchases. Transfer funds to and from your checking account at any ATM. Use it for business trips. Keep track of your purchases with online transaction details. To apply for the Alaska USA Business Visa Debit Card Visit any branch Download an application at alaskausa.org Mail in the application or drop it off at any branch Your employees can have cards, too. Any employee who is an authorized signer on the account can get a check card. Minimize your fees! Alaska USA does not charge any fees when you use your card for a purchase. It s surcharge-free when you use your card at any Alaska USA ATM. Access free and convenient ATM depository services. Deposit checks on your schedule. Make deposits anytime, day or night. Convenient and secure ATM depository locations. Alaska USA provides you with as many depository kits as you need. Free depository bags. Free deposit tickets. Free electronic access cards. Ordering is easy! Call the member service center, visit any branch, or login to UltraBranch Business Edition for depository supplies. Alaska USA Business & Commercial Services 2

4 UltraBranch Business Edition Cash management just got easier. With UltraBranch Business Edition, you choose the tools you need to manage all aspects of your business finances online. Payroll processing with ACH Streamline your payroll by scheduling direct deposits for employee paychecks. Wires Make electronic transfers to other U.S. financial institutions over the Fedwire system. Entitlements Customize access and share the workload. You can authorize access for other users, like a payroll processor or bookkeeper, and allow them varying levels of access. Tax payments using ACH Access forms you need to make online payments to the IRS. Manage withholding, schedule payments, and view reports. Consolidated login Access multiple accounts with one easy login. Bill Pay Schedule and pay bills from anywhere. More Check balances, download checks at the end of each month and keep track of cancelled ones as they clear, reorder business checks, and transfer funds. It s easy to get started. When you sign up for UltraBranch Business Edition, you ll receive a Personal Access Code (PAC), a Getting Started Guide, and be on your way. Sign up for Bill Pay UltraBranch Business Edition offers businesses the flexible and convenient option of paying bills online. Checks can be prepared by a designated user, but they aren t sent without the proper authorization. Resources The Getting Started Guide is a great resource for UltraBranch Business Edition. In-depth help is available online, or you can call the Member Service Center. To sign up for or learn more about UltraBranch Business Edition Visit any branch Go to alaskausa.org Call (800) or (907) Alaska USA Business & Commercial Services

5 To learn more about Merchant Services Go to alaskausa.org Call (877) or (907) Merchant Services Take advantage of merchant service solutions and technical helpdesk support through Cornerstone! Credit and debit card processing. Give your customers more payment options by accepting Visa, MasterCard, American Express, Discover, and more. Cornerstone Credit Services offers comprehensive point-of-sale credit and debit card processing so your customers can pay for merchandise and services with ease. Accept all the major payment types, including Visa and MasterCard, as well as American Express, Discover, Diners Club, JCB, and EBT cards. Mobile and Internet processing. Process card payments using a smart phone or tablet, turn an existing computer into a credit card terminal, or add shopping cart access to your business website. Cornerstone provides digital solutions that are easy to learn and simple to use. Supplies and equipment. Get what your business needs, including EMV-compatible units, network and PC-based terminals, point-of-sale systems, and more. Cornerstone is also compatible with many third-party integrated systems. Gifts and loyalty. Increase business and build relationships with your customers by offering gift cards and loyalty programs. Cornerstone can also help you engage with your customers through and mobile marketing, virtual cards, and customer campaigns. Alaska USA Business & Commercial Services 4

6 Setting up service Call Business and Commercial Services for a Remote Business Deposit application and details about the service and its system requirements. Extra Credit Offer on-site financing and make that sale. For Extra Credit inquiries Call (800) ext or (907) The Extra Credit program allows you to offer on-site Alaska USA credit with fast approvals. Take advantage of this easy financing option to improve customer service, and help close the sale on larger purchases. 5 Alaska USA Business & Commercial Services

7 Remote Business Deposit Make check deposits from anywhere. Remote Business Deposit provides eligible business members the ability to make check deposits at their convenience through a personal computer and scanning device, or a mobile device and the Alaska USA app. Checks are tallied and scanned, converted to electronic items, and transmitted to Alaska USA for review and credit to the account. Anchorage (907) Toll free (877) Maximize the efficiency of your business operations. In addition to streamlining your business operations, Remote Business Deposit offers: Added convenience of depositing checks on your schedule and from virtualy any place. Reduced trips to a branch and lower transportation costs. Ability to deposit into multiple accounts, under separate deposits. Online access to images, deposits, and customizable reports for 24 months. Ability to set up multi-level user permissions in order to delegate financial tasks. Processing schedule: Deposits made before 5 pm Monday through Friday will be processed the same day. Any deposit made after 5 pm, or on weekends and holidays, will be processed the following business day. Any transaction that does not meet the criteria required by the Remote Business Deposit service will prompt a Member Business Development Officer to contact your business to review and verify the deposit. User support: In addition to a comprehensive user s guide, a Member Business Development Officer will be happy to assist you any time with questions and provide technical support. Just call Business and Commercial Services at (877) or (907) Alaska USA Business & Commercial Services 6

8 Business loans and credit lines Alaska USA has options to help you grow your business. Type of financing Used for Secured by Unsecured available Amount of financing available Business Loan Real estate, inventory and equipment, working capital needs Real estate, business assets, savings/certificates Yes $2,500 to $250,000 Business Line of Credit Short-term working capital needs Real estate, business assets, savings/certificates Yes $2,500 to $250,000 Commercial Loan Real estate, inventory and equipment, working capital needs Real estate, business assets, or savings/certificates No Over $250,000 Commercial Line of Credit Short-term working capital needs Real estate, business assets, savings/certificates No Over $250,000 Letter of Credit Guarantees that vendor will get paid Real estate, business assets, savings/certificates No Over $2,500 AIDEA Loan Real estate, inventory and equipment Real estate or business assets No Over $250,000 SBA Loan Real estate, inventory and equipment, working capital needs Real estate, business assets, savings/certificates Yes $25,000 to $2,000,000 USDA Loan Available for businesses outside of Anchorage Real estate, business assets, savings/certificates No $5,000 to $10 million The lending process. The following information will be taken into account as Alaska USA matches your business with the right type of financing: Credit history of the borrower. Cash flow history and projections for the business. Collateral that is available to secure the loan. Credit application that includes business and personal financial statements. Income tax returns and a business plan. 7 Alaska USA Business & Commercial Services

9 To learn more about or apply for a business loan Visit any branch or financial center Go to alaskausa.org and download an application Call (877) or (907) Line of credit. A line of credit allows you to draw as much money as you need up to your credit limit instantly! Give yourself peace of mind; use your line of credit for overdraft protection. Easy payment options Use your Alaska USA account to conveniently make your loan payment with Autopay. Rates and fees Alaska USA offers competitive rates, which vary depending on the type of financing. Fees may include commitment fees, annual fees, late charges, overdraft protection advances, and third-party fees. Letter of credit. A letter of credit from Alaska USA offers protection. The vendor is paid only when the specific terms and conditions stipulated in the letter are fulfilled. You don t need to put cash up front. It allows you to negotiate for better terms and prices. Alaska USA Business & Commercial Services 8

10 Insurance for all your business needs. Alaska USA Insurance Brokers will match your business to the right insurance package, at a price you can afford. Every business needs to be prepared for the unexpected whether it s a fire, business interruption, or employee injury. Alaska USA Insurance Brokers will benefit you by: Using a risk-reduction approach that can make client risk more attractive to the insurers and lowers the total cost of risk over time. Partnering with the strongest insurance carriers who provide the highest quality coverage at competitive rates. Providing accurate assessments and using state-of-the-art systems. Offering personalized, accurate, and timely service. Quality carriers. All of the insurance companies represented by Alaska USA Insurance Brokers are rated A- or better by A.M. Best, a leading independent analyst of insurance companies. Alaska USA Insurance Brokers has developed long-standing relationships with more than 100 insurance companies. By making sure each affiliation meets comprehensive guidelines, Alaska USA Insurance Brokers strives to offer only the best options for its clients. Comprehensive coverage Consider the following types of insurance for your business: Property General Liability Umbrella Liability Employee Benefits Business Interruption Errors and Omissions Professional Liability Directors and Officers Workers Compensation Fire Bonding Aviation Auto/Truck Marine Builders Risk Theft and Employee Dishonesty 9 Alaska USA Business & Commercial Services

11 Protect yourself and your employees. Alaska USA Insurance Brokers will help you determine the correct workers compensation insurance program for your business, no matter the size. When employees are injured on the job, they need protection and so do you. It is important the employee receives benefits for injuries or illnesses that result from an incident, and that you are protected from potential lawsuits. Retain employees with health benefits. Providing health benefits to your employees can give them affordable health care and the opportunity to maintain a healthy lifestyle. And they will thank you with continued loyalty. Alaska USA Insurance Brokers, through its partnership with Digital Insurance, will help you select and manage policies to meet your needs and budget. This approach brings together the commitment of experienced, local market advisors with the most technically advanced employee benefit only advisor in the nation. Maintain a healthy business Without coverage, a serious illness or a single injury could generate expenses that set your business back for years. The following types of insurance are available for employees: Health Dental Vision Health Savings Accounts Life Disability 401(k) and more! To learn more about commercial insurance and employee benefits Go to alaskausa.org/insurance Call (800) or (907) Alaska USA Business & Commercial Services 10

12 Frequently asked questions Q: Can any business become a member of Alaska USA? A: Yes. It s easy to qualify. Alaska USA serves thousands of member businesses located in Alaska. Currently, businesses located in Alaska can take advantage of a full array of services including business checking, lending, and depository services. Some services, like insurance, don t even require membership. Q: What types of fees are there on an Alaska USA business checking account? A: Types of fees include monthly maintenance fees, check activity fees, and cash and currency fees. The fees on an Alaska USA business checking account are generally lower than banks with similar types of fees. For more details on the fees, please visit alaskausa.org or call (800) or (907) Q: How do I reorder checks for my business? A: The initial order can be done in any branch. Reorders can be done online or at any branch, depending on the type of check. Q: Do I need anything more than what s provided in the depository kits to make a deposit? A: Yes. When making a deposit, you need an endorsement stamp to properly endorse your checks, and a printed list of checks in your deposit. 11 Alaska USA Business & Commercial Services

13 Q: Is overdraft protection available on a business checking account? A: Yes, you may set up overdraft protection from an Alaska USA savings or money market account, or a business line of credit. Q: Where are the business ATM depositories located? A: Self-service ATM business depositories are located at Alaska USA branches in Anchorage, Eagle River, Fairbanks, Juneau, Kenai, Soldotna, and the Mat-Su Valley, as well as at select branches in other locations. View the business depository locations at alaskausa.org/atm or call (800) or (907) Q: What are the rates on business loans? A: Alaska USA offers very competitive business loan rates, as well as minimal fees. For current rates, visit alaskausa.org or call (877) or (907) Alaska USA takes several factors into consideration (i.e., cash flow, collateral, and credit history) when pricing each business loan. Q: Does Alaska USA have a special account for nonprofits? A: No. But nonprofit organizations, corporations, and associations using an Alaska USA business checking account that have the IRS exempt status under section 501(c) of the Internal Revenue Code will automatically have the $5 monthly maintenance fee waived, even if the account balance falls below $1,000 in a calendar month. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Alaska USA Business & Commercial Services 12

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16 Contact information Alaska USA Member Service (800) or (907) TTY/Hearing Impaired: (800) Available 24 hours a day, 7 days a week alaskausa.org Business & Commercial Services (877) or (907) alaskausa.org/biz Extra Credit Program (800) ext or (907) alaskausa.org/loans Alaska USA Insurance Brokers (800) or (907) alaskausa.org/insurance Branch Locations (800) or (907) alaskausa.org/branches Write us P.O. Box , Anchorage, AK AKUSA B R 04/16 - AK