As a credit union, we do things a little differently. As a member, you reap the benefits. Joining our family gives you more than better rates and lower fees. It offers a sense of belonging because you'll have membership in a co-op dedicated to giving back to the communities we serve. And by making your business stronger, you'll be better able to serve your neighbors as well.
Because even when you run your own company, you still need a partner.
Since 1952, business owners have turned to us as their trusted financial partner. There's a simple reason why. It's because we listen and learn before customizing our comprehensive financial solutions to help them reach their goals. That way, they can stay focused on running their business, with us at their side to help it run smoothly and grow. From purchasing property and equipment, to securing an operating line and utilizing merchant services, Listerhill is here to lend a hand - not just money.
From nearly 20 branches in the area and our participation in a network of credit unions across the country, Listerhill members are never far from their money. We offer a 24-hour automated telephone service that lets you check balances, transfer funds, make loan payments, and more. We also have Smart ATMs, so you can make a deposit, get exact change, or make loan payments - all 24 hours a day.
At Listerhill, we believe your financial life should work around your schedule, not ours. That's why we’ve introduced our Smart ATMs, so you can make a deposit, get exact change or make loan payments — all 24 hours a day.
Online Banking gives you access to manage your accounts at any time from your computer. View detailed account history, access eStatements, transfer funds, pay bills or other people and even budget your accounts from any financial institution.
Most of us live day-to-day with our phone in our hands. There is no reason your money shouldn't be right there with you. Whether you want to make a deposit, pay bills, transfer funds, or even purchase a cup of coffee, we've got you covered!
Be part of something bigger than a bank. Be part of your community.
The seed stage is when your business is just a thought or an idea. Most businesses will have to overcome the challenge of market acceptance and you must focus on matching business opportunity with your skills, experience, and passions.
Your business now exists in legal terms! Products or services are in production and you have your first customers. The main challenge is not to burn through your funds. Learn what profitable needs your clients have and do a reality check to see if your business is on the right track at this stage. Most start-ups require establishing a customer base and market presence while conserving cash flow.
Revenues and customers are increasing with many new opportunities and issues. Profits are strong, but the competition is surfacing. Learning to manage a consistent range of issues at this stage is crucial. Focus on running your business in a more formal fashion to deal with increased sales and customers. Improve management systems and hire new employees to deal with the influx of business.
Your business has now matured into a thriving company with a place in the market and loyal customers! Sales growth is not explosive but manageable and business life has become routine. It's important to stay focused on the bigger picture by improving productivity to stay competitive and retain customers. To compete in an established market, you'll need automation and outsourcing to improve productivity.
Your company is growing into new markets and distribution channels. This stage is often the time to choose to gain a larger market share and find new revenue and profit channels, if desired. After planning and researching, add new products or services to existing markets or expand your business into new markets.
Changes in the economy, society, or market conditions can decrease sales and profits quickly leading to struggle. Businesses in decline will be challenged by dropping sales, profits, and negative cash flow. The biggest issue is how long your business can support negative cash flow in this stage. Consider if it may be time to move on by seeking out new opportunities and business ventures while cutting costs and finding ways to sustain cash flow.
It's a big opportunity for your business to cash out on all the effort and years of hard work you've put in. Selling a business requires a realistic valuation. If you decide to close your doors, the challenge is to deal with the financial and psychological aspects of a business loss. Get a proper valuation of your company. Look at your business operations, management, and competitive barriers to make the company worth more to a buyer and setup legal buy-sell agreements along with a business transition plan.
*Information sourced from "The 7 Stages of Starting and Running a Business" by Darrell Zahorsky, The Balance Small Business (October 28, 2019). Click here to read full article.
Employer Identification Number (EIN) documentation, if applicable.
For each account type, provide for identification all signers and information for beneficial owners.
*Other documentation may be required to complete the application process.
We make it easy to find the exact loan your business needs to grow. Each option is backed by personalized service, competitive pricing and quick processing - from commercial real estate and loans to purchasing equipment, to unsecured business and corporate auto loans.
Our business credit card works just as hard as you do. We offer limits up to $50,000 (higher limits may be available), competitive fixed rates starting at 12.99%, 2% cash back on all purchases, travel/accident insurance, monthly company reports, Visa alerts, and more.
Our multiple business checking options offer great benefits of ownership like an overdraft protection safety net, account transfers linked to business share savings, free online banking and no minimum balances on some accounts.
If you accept card payments, you'll want to check out another great benefit of ours called BancCard. It guarantees you $200 if BancCard can't match or beat your current system's price. Now that's good business.
This account establishes your membership and makes you eligible for all our other services. It's your share of ownership in the credit union and features a low $5 minimum balance, quarterly dividends, no service charges and more.
In order to add an additional Listerhill account in Online Banking, please:
Once finished, the new account will be added by the next business day.
In order to add a new credit card in Online Banking, please:
Once finished, the new card will be added by the next business day.
Cashbackmall will be available for redemption on 9/1/22 for cards converting to cash back rewards from merchandise points.
Cash Back Rewards are available for Listerhill Signature Credit Cards. Signature credit cards require a limit of $5,000 or greater.
Cash Back Rewards are calculated at 2% on purchases. Cash Advances and Balance Transfers do not earn Cash Back Rewards.