Business Account
Banking solutions built for your business — from sole proprietorships to established enterprises. Manage operations, payments, and growth from one powerful account.
A Business Account That Grows With You
Running a business demands a banking partner that understands your unique challenges. The Whitestone Trust Credit Union Business Account is purpose-built for companies of all sizes — from startups and sole traders to mid-sized enterprises and growing corporations.
With multi-user access, role-based permissions, business transfer capabilities, accounting software integrations, and a dedicated relationship manager, you get more than a place to store money — you get a financial platform that supports your operations and fuels your growth.
Why Businesses Choose Whitestone Trust Credit Union
Three powerful advantages that set our business account apart.
Dedicated Relationship Manager
Every business account comes with a named relationship manager who understands your industry and business model. They are your single point of contact for all banking needs — from account queries to financing discussions — ensuring you receive personalized, proactive service.
Multi-User Access With Permissions
Grant account access to your team members with customizable role-based permissions. Define who can view balances, initiate transfers, approve payments, or manage beneficiaries. Full audit trails track every action, giving you complete oversight and control.
Business Transfers & Bulk Payments
Process up to 50 free transfers per month — including payroll disbursements, supplier payments, and inter-account transfers. Upload bulk payment files for batch processing, saving hours of manual data entry and reducing the risk of errors.
Everything Included With Your Business Account
Business Debit Card
A free Visa Business debit card for you and authorized team members. Accepted worldwide with no annual card fee.
Accounting Integrations
Seamlessly connect to QuickBooks, Xero, and other accounting platforms. Automatic transaction sync reduces manual bookkeeping.
Multi-Currency Wallets
Hold and transact in USD, EUR, and GBP. Send and receive international payments with competitive foreign exchange rates.
Business Analytics Dashboard
Track cash flow, categorize expenses, and generate financial reports directly from your online banking dashboard.
Business Account vs. Personal Current Account
Why a dedicated business account matters for your company.
| Feature | Business Account | Personal Current Account |
|---|---|---|
| Monthly Fee | $12.00 | $0 with $500 min. balance |
| Minimum Balance | $2,500 | $500 |
| Free Transfers/Month | 50 | Unlimited |
| Multi-User Access | Up to 10 users | |
| Role-Based Permissions | Customizable | |
| Dedicated Relationship Manager | Included | |
| Accounting Software Integration | QuickBooks, Xero | |
| Bulk Payment Processing | Supported | |
| Business Debit Card | Visa Business | Standard Visa/MC |
| Multi-Currency Support | USD, EUR, GBP | |
| Payroll Processing | Built-in | |
| Overdraft Facility | Up to $50,000 | Up to $5,000 |
| Best For | Companies and enterprises | Personal daily spending |
Frequently Asked Questions
Common questions about our business accounts.
Whitestone Trust Credit Union welcomes sole proprietorships, partnerships, limited liability companies (LLCs), corporations, non-profit organizations, and cooperatives. The documentation requirements vary slightly by business structure. Our business banking team can advise you on exactly what is needed for your specific entity type during the application process.
You will need: (1) Certificate of incorporation or business registration document, (2) Tax identification number for the business, (3) Valid ID documents for all directors and authorized signatories, (4) Proof of business address, (5) Board resolution authorizing the account opening (for corporations), and (6) Information about beneficial owners holding 25% or more of the business. Our team will guide you through the document collection process.
Business account applications are typically processed within 1 to 2 business days after all required documents have been submitted. The timeline depends on the completeness of your documentation and the complexity of your business structure. Our relationship managers work to expedite the process and keep you informed at every stage. Once approved, your account is activated immediately and you can begin transacting right away.
Yes. You can add, remove, or modify user access at any time through your online banking dashboard or by contacting your relationship manager. When adding a new user, you define their specific permissions — such as view-only access, transfer initiation rights, or full administrative privileges. All changes are logged in the audit trail for your security and compliance records.
Yes. The Whitestone Trust Credit Union Business Account integrates directly with QuickBooks Online, Xero, Sage, and FreshBooks. Once connected, your transactions are automatically imported and categorized, eliminating manual data entry. The integration syncs daily and supports reconciliation workflows, making tax preparation and financial reporting significantly more efficient.
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Ready to Power Your Business Banking?
Open a business account with Whitestone Trust Credit Union and get the tools, support, and insights your company needs to thrive.