Business Banking
Business Banking
No matter the size or type of your business, your commercial banking relationship is critical for helping you succeed. At Wallkill Valley Federal Savings and Loan, we are committed to providing the products and services businesses need to succeed. Helping local businesses boosts our community’s economy and helps its residents prosper.
We offer a variety of business banking accounts with value-added services and flexible options. Because we are a community bank, you will enjoy highly personalized customer service and the kind of one-on-one, personal banking relationship that you may never find with larger banks.
Contact us to learn more about our commercial lines of credit, commercial mortgage loans and other banking and financing options. We have CDs, money market and deposit accounts that help you earn interest and borrowing options that enable you to expand your inventory, purchase equipment or otherwise grow or expand your operations.
If you would like to learn more, contact Wallkill Valley Federal Savings and Loan today and speak to one of our knowledgeable and experienced business bankers. We look forward to showing you how our business banking products and services can benefit you.
Together We’re Stronger
We understand that small businesses are the backbone of a community, creating jobs and keeping the local economy flowing. We believe that the businesses within our community deserve access to the capital they need, and we’re here to help. If you possess the entrepreneurial spirit and/or have a fledgling business, we’d love to help you make your dream a reality. If your business is growing and you are ready to add services, purchase equipment or move into a new space, we are here for you.
As of January 1, 2024, many companies doing business in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Additional information is available at fincen.gov/boi. Subscribe to FinCEN Updates for future guidance documents.
Business Account Services
Commercial ACH
Automated Clearing House (ACH) is an electronic payment delivery system that allows you to send or collect funds electronically through the ACH network – one of the safest, most reliable payment networks. Wallkill Valley Federal Savings and Loan’s ACH service can help improve forecasting, cut expenses, and minimize risk.
ACH benefits include:
- More control over the timing of payments posted to your bank accounts.
- Make and receive payments of all kinds.
- Faster access to funds.
- Reduce exposure to check fraud.
- Reduce risk of fraud since all transactions must be approved in advanced.
- Streamlined payment process by eliminating paper checks, improving efficiency, and cash flow management.
Additional Account Services
- Internet Banking/Online Bill Pay
- Mobile Deposit
- 24 Hour Telephone Banking
- Bank-by-Mail
- Overdraft Protection
- Drive-Up Tellers*
- 24 Hour Outdoor ATM
- MasterCard™ Debit Cards
- Safe Deposit Boxes*
- Money Orders
- Direct Deposit
- Automatic Transfers
- Notary Service
- 24 Hour Night Depository
*Not at all locations
Our Commercial Loan Officers
Building Relationships, One Business At A Time!
Every business owner knows that they need a support system of trusted advisors to help them make sound decisions. Wallkill Valley Federal Savings and Loan provides the kind of hands-on attention often lost in the digital age. We get to know you and your business so we can provide sound financial advice to help your business thrive. Wallkill Valley Federal Savings and Loan has a heart for local businesses and wants to get to know you and be a partner in your growth.
To learn more about how Wallkill Valley Federal Savings and Loan can help your business grow, stop by one of our branches or contact one of our commercial loan officers. In the meantime, we’d love to introduce you to our team.
Domenic Baiocco
Vice President, Sales team leader/Commercial Loan Officer
Office: 845-895-2051 ext 438
Cell: 551-404-4819
NMLS# 1632788
“Every story is different. Local businesses need a local bank who understands the true nature of the business and how it works in their own backyard. Not many institutions offer their borrowers to sit down with the bank CEO to make a decision on a business loan, we do. It’s part of what makes us special.”
Michael Cappillino
Assistant Vice President, Commercial Loan Officer
Office: 845-895-2051 ext 454
Cell: 914-489-0016
NMLS# 24544
“I see the challenges local businesses in the Hudson Valley face every day and I get the opportunity to help them achieve their financial objectives. Whether it’s a thriving business looking to expand or a struggling business looking to survive, it feels good knowing that WVFSL has the resources available to make good ole fashioned common sense loans.”