Business banking with a
hometown advantage
Built for local entrepreneurs, shop owners, contractors, and community organizations — not faceless corporations. Local decisions, local support.
Solutions that scale with you
From your first business checking account to a growth line of credit — we're the banker in your corner.
Business Essentials Checking
Predictable cash flow and digital-first needs, handled. Integrates with the accounting tools you already use.
- 400 free transactions monthly; $0.25 after
- QuickBooks, Xero & FreshBooks integration
- Instant employee card controls
- Real-time expense tagging & reporting
Growth Operating Line
Smooth seasonal swings, cover inventory, and manage payroll without tapping your reserves.
- Variable rates tied to Prime + 1.25%
- Interest-only payments first 12 months
- Local underwriting — fast decisions
- Revolving access as you pay down
Merchant Services Suite
Accept payments in-store, online, or curbside with flat-rate pricing and no surprise fees on your statement.
- Flat 2.45% + 10¢ per card-present txn
- Next-business-day deposits
- Inventory sync with popular POS systems
- Online & curbside payment options
Everything your team needs to run smoothly
Built-in tools that grow with your business — no third-party subscriptions required.
Payroll + ACH manager
Upload payroll files, approve from your phone, and view real-time status updates on every payment.
Try the demo workflow →Treasury dashboard
Monitor balances, upcoming payments, and card controls from a single secure view — any device, any time.
See dashboard layout →Commercial cards
Set per-employee budgets, auto-categorize expenses, and export directly to your accounting software.
Review card controls →We needed a lender who understood seasonal cash flow and could react quickly when we landed a wholesale account. First Midwest FCU paired a line of credit with merchant services so we could deliver on larger orders without missing a beat.
Business account checklist
Gather these documents before you apply to make the process as smooth as possible.
Articles & EIN
Formation documents, EIN confirmation letter, or DBA certificate from your state.
Ownership details
List beneficial owners with 25%+ ownership, plus one designated control person.
Operating agreement
Resolutions or minutes granting authority to open accounts and borrow on behalf of the business.
Projected balances
Estimated monthly deposits, withdrawals, and card volume so we can tailor the right solutions.
Ready to get started?
Opening a business account with First Midwest FCU takes about 10 minutes online. Have your documents ready and a local banker will reach out to confirm details within one business day.
Prefer to come in? Stop by any branch and our commercial services team will walk you through everything in person.