Business checking that fits your business
No matter your business’s size, we have checking accounts to suit your needs and keep your money right here in Colorado.
Plus, get your monthly fee waived when you check a few boxes.*
Our Business Checking Accounts feature:
$0 monthly fees when you meet requirements*
$0 minimum balance
$100 opening deposit requirement
Unlimited free Elevations Visa® Debit Cards for authorized signers

Business checking account options
Small business checking account
The Elevations Business Checking Account is designed for small businesses in Colorado with simple cash management needs.
Business Account Basics
No monthly maintenance fees for:
Non-profits*
Accounts with an average monthly balance of $5,000*
Accounts that spend $500 in a statement cycle on a connected Elevations Business Credit Card*
No minimum balance
$100 minimum opening balance
Transactions
No transaction fee on first 100 combined cash or check transactions
Up to $3,000 in cash deposits and/or withdrawals per month with no fees
Premium business checking account
The Elevations Premium Business Checking Account handles complex cash management for midsize to large Colorado businesses.
Business Account Basics
No monthly maintenance fees for:
Non-profits**
Accounts with combined balances of $15,000**
No minimum balance
$100 minimum opening deposit
Earn dividends on your checking balance
Access to ACH Origination for an additional fee
Desktop scanner service for depositing large numbers of checks***
Transactions
No transaction fee on first 250 combined cash or check transactions per month
Up to $6,000 in cash deposits and/or withdrawals per month with no fee

Starting a business checking account is easy.
Apply for a business checking account online. Then, we’ll schedule a quick conversation to finalize your application and make sure you’re set up for success.
Please have this information handy:
Tax ID Number
Details of ownership
Information for authorized signers
Updated Secretary of State documentation (we’ll pull the documents directly)
Commonly asked questions
You’ll need to bring these documents:
SSN or EIN assignment letter from IRS or front page of tax return
If DBA is requested: Certificate of Fact of Trade Name or Statement of Trade Name of a Reporting Entity
Statement of Foreign Entity (if your business is registered in another state)
Copy of valid photo ID per signer
SSN, address, and email per signer
These are general requirements, and your banker may require additional documentation. Additional Elevations-provided forms are also required at account opening.
You’ll need to bring these documents:
EIN assignment letter from IRS or front page of tax return, or SSN (if no employees)
Articles of Organization
Operating Agreement (optional)
If DBA is requested: Certificate of Fact of Trade Name or Statement of Trade Name of a Reporting Entity
Statement of Foreign Entity (if your business is registered in another state)
Copy of valid photo ID per signer
SSN, address, and email per signer
These are general requirements, and your banker may require additional documentation. Additional Elevations-provided forms are also required at account opening.
You’ll need these documents:
EIN assignment letter from IRS or front page of tax return
Articles of Incorporation
Bylaws
If DBA is requested: Certificate of Fact of Trade Name or Statement of Trade Name of a Reporting Entity
Statement of Foreign Entity (if your business is registered in another state)
Authorized signer documentation (ex., current meeting minutes, board resolution, or other acceptable documentation, unless authority is clear from other documents provided)
Copy of valid photo ID per signer
SSN, address, and email per signer
These are general requirements, and your banker may require additional documentation. Additional Elevations-provided forms are also required at account opening.
You’ll need these documents:
EIN assignment letter from IRS or front page of tax return
Articles of Organization
Operating Agreement
If DBA is requested: Certificate of Fact of Trade Name or Statement of Trade Name of a Reporting Entity
Statement of Foreign Entity (if your business is registered in another state)
Authorized signer documentation (ex., current meeting minutes, board resolution, or other acceptable documentation, unless authority is clear from other documents provided)
Copy of valid photo ID per signer
SSN, address, and email per signer
These are general requirements, and your banker may require additional documentation. Additional Elevations-provided forms are also required at account opening.
EIN assignment letter from IRS or front page of tax return
Articles of Incorporation
Bylaws
If DBA is requested: Certificate of Fact of Trade Name or Statement of Trade Name of a Reporting Entity
Statement of Foreign Entity (if your business is registered in another state)
Authorized signer documentation (i.e., current meeting minutes, board resolution, or other acceptable documentation, unless authority is clear from other documents provided)
Copy of valid photo ID per signer
SSN, address, and email per signer
These are general requirements, and your banker may require additional documentation. Additional Elevations-provided forms are also required at account opening.
Find the rate that's right for you.
More ways we can help your business

LENDING
A range of revolving lines of credit and loans to keep your business moving forward.
Learn more
CUSTOM SOLUTIONS
Our Business Banking Team can help you find banking solutions fit for your needs.
Meet our teamMembership eligibility and one-time $5 membership fee are due at account opening.
*To be eligible for $10 Business Checking monthly service fee waiver, the account must either:
Be a nonprofit OR make $500 of eligible purchases on a Business Credit Card or Business Rewards Credit Card during a statement cycle OR maintain a monthly average balance in the Business Checking share of $5,000.
Eligible purchases: Purchases are classified as purchases for goods or services and do not include cash-like transactions such as money orders, cash advances, balance transfer checks to access your account or any gaming, gambling, or betting transactions. Transaction codes are determined by the merchant.
Monthly average balance: The balance must meet or exceed $5,000 every business day during the monthly statement cycle. Your average balance is calculated by adding the balance for each day in the month and then dividing the number of days in the month.
The fee will be waived for the month in which that statement cycle ends. See Business Fee Schedule(opens in a new window) for any additional fees applicable to this account.
**To be eligible for $15 Premium Business Checking monthly service fee waiver, the account must be a nonprofit OR meet or exceed $15,000 in combined eligible loan share balances, deposit share balance, outstanding commercial loan balance, and business credit card balance.
Monthly average balance: The $15 monthly fee may be waived for the current month if eligible loan share balances meet or exceed $15,000 every business day during the monthly statement cycle. Your average balance is calculated by adding the balance for each day in the month and then dividing the number of days in the month.
Eligible loan share balances: Outstanding line of credit balance (commercial or small biz), outstanding business credit card balance (statement cycle to statement cycle), and outstanding term loan balances (commercial or small biz), outstanding business energy loan balances. Balances from other membership accounts do not qualify for waiving this fee.
The fee will be waived for the month in which that statement cycle ends. See Business Fee Schedule(opens in a new window) for any additional fees applicable to this account.
***Desktop scanner available for an additional fee
†Domestic and international wire transfers can be done in an Elevations Credit Union branch. Domestic wire transfers can also be done through Business Online Banking. Please see the Business Fee Schedule for more details about wire transfer fees.