Non-Profit Organizations
Our Mission is to Advance Yours
Our goal is to provide a variety of accounts and services to enable your invaluable contributions to the community.
As a non-profit organization, you have specific banking needs. We can provide products and services that fit these specific needs. See how Globus Union can serve as a bridge to achieving your organization's goals.
- Monthly fee waived if minimum monthly average balance requirement is met. No minimum opening deposit required.
Standard Business Checking with interest
- No monthly fee with limited* monthly activity. No minimum balance required.
* Ask your account representative for more details.
Suitable for high transaction volume or treasury management needs. An earnings credit allowance can be used to offset qualified service charges.
Earn higher interest rates, while enjoying the flexibility of limited check writing capability.
Earn more interest, if you have the ability to invest for longer periods.
- View account balances
- View transactions
- Transfer funds between Globus Union accounts
- Place stop payments
- Export transaction data
- Administrators can delegate specific entitlements to users
- Initiate Wire Transfers
- Positive Pay
**Basic online reporting functions are complimentary, additional features are available for a fee (ask your account representative for more details).
ACH (additional fees may apply to online ACH functions)
Easier to manage cash flow with direct credit/debit from the account. Save time and money compared to check writing. May be used for:
- Cash Concentration
- Collections
- Direct Deposit/Payroll
- Vendor Payments
- Tax Payments
Lockbox service helps maximize funds availability, speed up collection, and reduce funds float. Through the Lockbox service, you may give your donors the option of mailing their donations to a mailbox that will be collected daily and deposited directly into your East West account.
Accept donations by credit card.
Immediate fax notification when bank receives wires.
To link multiple accounts maintained at a zero balance to a parent account as needed.
Use a desktop check scanner to make your deposits by securely transmitting them to the bank.
Courier Services
Save time physically delivering checks to the nearest East West branch. Courier service will pick up your sealed, tamper-evident bag and make the delivery for immediate deposit. The deposit bags are verified before leaving your location, and signed in at the East West branch upon arrival.
Other insured deposits (ask your account representative)
- Revolving lines of credit
- Purchase, build, renovate, or make capital improvements to real estate
We understand that non-profit organizations have specific banking needs, so we help provide products and services that fit these specific needs. When we help non-profit organizations achieve their goals, we help build stronger and healthier communities.
Products & Services
- A variety of checking accounts, including an interest-bearing checking option that has no monthly service charge and no minimum balance requirement
- Certificates of deposit, paying more interest
- Online banking through our businessBridge® Premier platform
- ACH for cash concentration, collections, direct deposit/payroll, vendor and tax payments
- Lockbox service to speed up collection of donations and reduce funds float
- Merchant credit card services to process donations by credit card
- Wire transfer
- Zero balance account
- Remote deposit capture
- Courier services to save you time
- Financing
- Revolving lines of credit
- Equipment loans
- Real estate loans to purchase, build, renovate, or make capital improvements
Globus Union provides the extensive resources and products of a large global institution with the high-level of personal attention of a local bank.
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Disclosure
All rates, terms and products are subject to change or discontinue without prior notice. Other terms and restrictions may apply. All loan applications are subject to credit review and evaluation.