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Business Banking
Other Business Services

To remain compliant with federal regulations, Purdue Federal will require business members to provide documentation of its beneficial owners and control prong upon opening a new account on behalf of the business. Any new loan or deposit account added to an existing member profile falls under these regulations and triggers proper documentation protocol. 

Other common triggering events that will require a business member to provide proper documentation of its beneficial owners and control prong include, but are not limited to:

  • A change in authorized signers
  • A change in beneficial owners
  • A change in authorized users of credit
  • A change in wire transfer authority
  • A change in entity name or structure
  • Requesting a new credit line
  • Requesting an increase of existing credit line
Automated Clearing House (ACH) Services

Streamline your business with the following ACH services:

  • Direct Deposit
  • Vendor Payment
  • Recurring Debits

Please contact our Purdue Federal Member Business Services Department at 765.497.7422 for pricing options.

Business Bill Pay

Make your accounts payable process more secure and efficient. Business Bill Pay offers three authority levels for your organization's users. You decide who may perform specific actions on behalf of your organization then assign the appropriate authority level. Each authorized user will have a unique user ID and password.

  • Make One-Time Payments
  • Set Up Recurring Payments
  • Get Bills Delivered Online
  • Send Detailed Invoice Information with Payments
  • Group Billers According to Type—Utilities, Insurance and More

Please contact our Purdue Federal Member Business Services Department at 765.497.7422 for pricing options.

See our Guide to Member Business Services and Fee Schedule for full disclosures.

Employee Benefits

Financially secure employees are often more productive than those struggling with difficult situations. Help your employees, and your business, by offering important benefits such as:

  • 401(k) Plans
  • Simple IRA Plans
  • Simplified Employee Pension (SEP) IRA Plans
  • Health Savings Accounts
Foreign Currency Exchange

Members can buy currency from any Purdue Federal branch. Please note coins cannot be ordered.

  • Foreign currency can be sold back at the Northwestern Branch only. No coins are accepted.
  • All orders/sales will be charged a US $5 service fee.
  • Shipping fee for orders is US $15 and all orders are shipped to the Northwestern Branch.

See our Guide to Member Business Services and Fee Schedule for full disclosures.

Gift Cards

Visa gift cards are no longer available for purchase at Purdue Federal branches due to the gift card program ending.

Current Gift Card Holders: If you have a gift card previously purchased at Purdue Federal, it is important that you register your gift card and use any remaining funds by December 31, 2019. After December 31, your gift card will no longer work.

If you have questions, please contact us at 800.627.3328 or mbrservice@purduefed.com.

Gift card customer service is available at 800.721.3978 or www.atiragift.com.

Merchant Credit Card Processing

Stay competitive with the ability to accept debit and credit card payments. Once processed, the funds are direct deposited into your member business checking account.

To learn more or to receive a night drop bag, contact our Purdue Federal Member Business Services Department at 765.497.7422.

Notary Public
  • Notary services are available to certify the signer's signature and identity.
  • Up to three free notary services per day. Cost is $1 each thereafter.
Online & Mobile Banking

Log in to our secure online banking system to access and manage your business account.

  • Check Balances
  • Transfer Money
  • Set Up Alerts
  • Review Statements
  • Schedule Payments

As always, the Purdue Federal Mobile app is free and available for download in the iTunes store and the Google Play store.

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Purdue Federal Mobile Banking is available for devices using Apple iOS and Google Android™. If you have a different device please use our mobile optimized website.

Remote Deposit Capture

Making deposits is more convenient with Remote Deposit Capture. With a scanner for your office, you can deposit checks right from your desk.

Please contact our Purdue Federal Member Business Services Department at 765.497.7422 for pricing options.

See our Guide to Member Business Services and Fee Schedule for full disclosures.

Wire Transfers

Money may be wired to or from your Purdue Federal account. Please follow these instructions and tips.

  • Bank name, ABA number and city, state and country; and receiver's full name, account number and address is required when sending a wire.
  • Wire form must be received by Accounting Operations no later than 3:30 p.m. Eastern Time for international and domestic wires in order to be sent the same day. Purdue Federal cannot guarantee the time or date of arrival for a wire once it has left us. Purdue Federal also cannot guarantee when a wire will be received.

Cost is:
- $15 per incoming domestic wire
- $25 per outgoing domestic wire
- $15 per incoming international wire
- $45 per outgoing international wire

Additional fees may be added to international wires by other institutions handling the transfer. Note: For international wire transfers, use FW274976067 for the Swift Code.

Incoming Wires

To receive a wire in your Purdue Federal account, please use these instructions:

Receiving Institution Name: Purdue Federal Credit Union

Purdue Federal/ABA Routing Number: 274976067
Address: 1551 Win Hentschel Blvd., West Lafayette, IN 47906
Final Credit To: Member's Name, Account Number and Address

See our Guide to Member Business Services and Fee Schedule for full disclosures.

 


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