Helping Southeast Texas Businesses Grow

At DuGood Credit Union, we’ve been proudly serving Southeast Texas since 1962. We are deeply rooted in this area, it’s our home as well, and we understand the needs of your business.

When you partner with DuGood, you’ll receive quality service from people you know and trust. All decisions and servicing are handled right here locally, at the credit union.

Need help getting started? Give us a call at (409) 241-2255

COMMERCIAL SERVICES

Saving Accounts

Once you become a member, you'll enjoy no monthly service fees, paid dividends, nationwide access, secure online digital services, and so much more.

Commercial Checking Accounts

Our commercial checking accounts offer no monthly service charges and no minimum balance requirements.

Health Savings Accounts

Be prepared for current and future medical expenses. A Health Savings account will make your healthcare costs more manageable.

Debit Cards with Rewards

Our debit cards are accepted anywhere you see the MasterCard logo worldwide. Every time you swipe and sign for your purchase, you’ll also have the opportunity to earn reward points for travel, electronics, and more.

Merchant Debit and
Credit Card Services

Most consumers rely on their debit or credit card to make purchases. Offer your customers a smooth, hassle-free experience. By accepting all major debit and credit cards at point of sale and receiving online reports.

Investment Services

With investment services, available through CUSO Financial Services, L.P. (CFS*), you and your employees can start a relationship with our CFS* Financial Advisor. We provide a wide array of financial products and services from simple retirement accounts to the most sophisticated financial or estate planning.

*Non-deposit investments offered through CUSO Financial Services, L.P. (Member FINRA/SIPC) are not insured, not guaranteed, and may lose value.

COMMERCIAL REAL ESTATE LOANS

We make it easy for you to get the money you need. Whether you’re ready to buy, build, expand, or refinance, our experienced Commercial Lending Specialists can customize a loan to fit your business needs. We finance up to 80% loan‑to‑value on commercial and investment properties.

Commercial Property



  • Office Buildings
  • Retail Properties
  • Unimproved Property
  • Warehouse Properties

 

Investment property



  • Single-family Residential
  • Multi-family Residential
  • Apartment Complexes

Construction
And Development


We can help with your next development project. Our Construction and Development loans offer competitive rates and flexible terms.

  • Subdivision Development
  • Custom Homes
  • Spec Homes
  • Permanent Mortgage Financing for Customers
  • Unimproved land

OTHER COMMERCIAL LENDING OPTIONS

We offer a wide array of commercial loans tailored to meet your needs. In addition to financing property, we have options that can help you purchase equipment or vehicles, provide working capital and more!

EQUIPMENT AND MACHINERY

  • Medical equipment
  • Industrial equipment
  • Agricultural equipment
  • Professional equipment
  • Fleet vehicles

CORPORATE CREDIT CARDS

  • Low introductory rate on purchases and balance transfers
  • Credit limits ranging from $1,500 to $50,000
  • Multiple plastics can be issued under one governing business account
  • No annual fees
  • No cash advance fees
  • No over-the-limit fees
  • 25-Day grace period on purchases

BUSINESS LINES OF CREDIT

  • Working capital
  • Purchase inventory
  • Secure and unsecured
  • Fast, easy, and convenient

DuGood is an approved Small Business Administration Lender, and offers SBA Loans.

GETTING STARTED

Commercial Membership

Membership is open to anyone who lives, works, or worships in Chambers, Hardin, Jasper, Jefferson, Liberty, Newton, Orange, or Tyler County.

When you open a new commercial account, we’ll also need a copy of your business formation documents. Depending on the type of business, those could include (but are not limited to):

  • EIN Paperwork
  • Articles of Incorporation
  • Assumed Name Certificate
  • Certificate of Formation
  • Certificate of Filing

Commercial Loans

When you apply for a commercial loan at DuGood, you can feel confident knowing that we’ll walk you through the entire process step by step. Unlike other financial institutions, our Commercial Loan decisions are made and serviced right here at the credit union. Here’s what you’ll need to get started.

  • Business Application
  • Personal Financial Statement
  • Business Debt Schedule

Then, submit to our Commercial Lending Department along with:

  • Name of business owners and percent of ownership
  • Last three years of filed business and/or personal tax returns
  • Last three years of balance sheets and income statements

READY TO GET STARTED?

Start your application online today.

HERE ARE A FEW WAYS WE'VE HELPED OTHERS JUST LIKE YOU.

BEN, LUMBERTON, TX

"DuGood has helped me grow my business and personal portfolio when no one else would.  They have grown over the years but I can still pick up the phone and speak with my business banker daily.  People say old school banking is dead...
I say call DuGood."

RICKY, VIDOR, TX

"Blake Worthey did an amazing and very professional job. Start to finish. He made the process easy and able to be done entirely at a distance through online and app use. Great and friendly communication."

DARLENE, PORT NECHES, TX

"Blake Worthey was EXCELLENT! He was informative and easy to work with. He helped move the process through quickly, since we were on a short timeframe. GREAT EXPERIENCE!"

Meet our Commercial Lending Team

Blake Worthey

Blake Worthey

VP of Real Estate Lending
(409) 241-2261
  Email

Monica James

Monica James

Commercial Credit Analyst
(409) 241-2277
  Email

Derek Landry

Derek J. Landry

VP of Lending
(409) 241-2296
  Email

request a call back

Commercial Loan Application


Stop by our Commercial Lending Center at 1795 N.Major Drive in Beaumont.

Or give us a call at (409) 241-2255

GET ANSWERS TO FREQUENTLY ASKED QUESTIONS