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Business

Business Share (Savings) Accounts

At New Dimensions, we serve a wide variety of businesses with all of their financial needs. Come on in and see how easy we make handling your finances! With our basic Business Share Account, you can expect friendly service and you can rest assured that your federally insured money is in good hands.

Our business members are able to take advantage of club and high yield savings accounts. Whether you are saving money for a special purpose or are just looking for higher dividends, we have the right options to help your business save!

Business Share Draft (Checking) Accounts

New Dimensions offers Share Draft (checking) accounts to business members. Our business members are able to take advantage of great services such as free Online Banking and Bill-Pay, Online Statements, and Visa Check Cards. No minimum monthly balance is required.

Business Loans

New Dimensions has the resources available to offer a variety of business loans. We can develop creative solutions that fit your long or short term needs. Our experienced staff will guide you in obtaining the right financing for your business. From lines of credit to real estate loans, we offer it all at competitive rates.

To get started on your business loan, contact our lending department at 207-872-2771, or fill out the loan application to the right.

Business Credit Cards

We are partnered with Élan Financial Services to offer some of the best credit cards on the market. Enjoy competitive rates and excellent rewards by simply choosing the card that is best for you. You can make your credit card payments directly to Élan with online access, or at either of our branch locations.

Merchant Processing

Allowing your business to accept credit and debit cards will ultimately increase sales and improve cash flow. New Dimensions makes card processing safe, hassle-free, and cost effective. We have partnered with PowerPay Merchant Processing Services and SpotPay Mobile Payment Solutions to offer payment solutions that serve the unique needs of small and growing businesses.

Advantages of accepting credit and debit cards:

  • Increase sales
  • Improve customer convenience
  • Improve bookkeeping
  • Reduce billing expenses

Please contact a Member Service Representative for more information.

Business Insurance

New Dimensions is partnered with Equinox Insurance Agency to serve all of our members. Equinox is credit union-owned and dedicated to saving members their hard-earned money. If you are trying to reduce your business s insurance costs, look no further than New Dimensions! Equinox offers the following business products:

  • Commercial Auto
  • Commercial Property
  • Commercial Liability

Payroll Services

We are partnered with PayChex to provide your business an easy, affordable option for managing your payroll functions. Outsourcing your payroll allows you to cut back on wage expenses and frees you up to manage the rest of your business. Best of all, PayChex is up-to-date on all of the latest payroll rules and regulations, and takes accountability for your payroll compliance.

SEP IRA

SEP is a Simplified Employee Pension plan. Because this is a simplified plan, the administrative costs should be lower than for more complex plans. Under a SEP, employers make contributions to Traditional Individual Retirement Arrangements (IRAs) set up for employees (including self employed individuals), subject to certain limits.

Advantages

  • Easy to set up and operate - usually just a phone call to a financial institution gets things started.
  • Administrative costs are low.
  • Plan can have flexible annual contribution obligations a good option if cash flow is an issue.

For more information on adding SEP IRAs to your business benefits package, stop in to speak to a Member Service Representative or call us at 207-872-2771.