Nonprofit Banking Solutions
Choose a financial partner that aligns with your values and purpose
Why Choose Royal
Banking is better when you choose a financial partner that aligns with your values and purpose. At Royal Credit Union, we have a lot in common with nonprofit organizations.
Royal's core purpose of creating a positive impact in the lives we touch means we show up and give back. You've probably seen us volunteering our time in a local organization or making a donation to a community cause. As a financial co-op owned by our Members, we're here to do good and make a difference in our shared communities, just like nonprofits.
We know about nonprofit banking – where the heart matters just as much as the head. Partnering with Royal means we'll work together to advance your mission, and you'll benefit from Royal's modern accounts and smarter financial solutions that help save money, manage cashflow, and make operations more efficient.
As your banking partner, Royal’s team of trusted business experts is here for you. We're ready to safeguard your best interests, supplement your resources and knowledge, and offer non-stop support and answers along the way. Explore our nonprofit banking solutions below and start your relationship with Royal Credit Union today!
How Royal Gives Back
- Our nonprofit RCU Foundation has given more than $10 million back to the communities we serve to fund capital projects promoting the arts, education, and health
- Royal team members volunteer in leadership roles in over 100 community organizations and nonprofits
- We offer no-cost financial wellbeing resources for all via our online financial education platform, in-school credit union programs, and jail financial literacy courses
- Royal Members have recorded over 20,000 volunteer hours each year as part of our Volunteer Program – a special consumer checking account with perks for volunteers
Business Indexed Money Market
- Balances of $50,000 or more earn a competitive, index-based dividend rate
- Funds remain liquid and accessible at any time
- No minimum opening balance and no monthly fees
Business Checking Accounts
- Choose no-minimum checking or $3,000-minimum checking that earns dividends
- 300 checks written or deposited free each month; additional checks have a $0.10 per item charge
- Free debit cards for all users
Business Credit Card
- Enjoy flexible spending power and earn uChoose Rewards®
- Competitive interest rate and no-fee balance transfers
- Manage spending with separate cards for different users
Bill Pay
- Easily pay vendors, suppliers, or invoices electronically or via check
- No charges for check printing or postage
Positive Pay
- Automated fraud protection helps stop unauthorized transactions
- Monitors accounts and requires approval to clear unexpected check or ACH transactions
Merchant Services
- We partner with Wind River Payments to offer comprehensive payment processing
- Point-of-sale, wireless, mobile, and virtual payment terminal solutions available
Online & Mobile Banking
- See balances, transaction history, check images, statements, and more
- Configure real-time balance and transaction alerts
- Customize access levels and permissions for different users
- Supports connections to third-party accounting software
When It Comes To Business Banking, Royal Does It All
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Managing Business Users In Business Online Banking
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