Business Member Share Features
- $5 minimum opening deposit required
- Minimum $5 balance required at all times to remain eligible for services and benefits
- Ability to remain fee free1
- Competitive monthly dividends2
- Savings federally insured to at least $250,000 by the National Credit Union Administration
Appropriate Documentation
- Sole Proprietorships – Registration of Trade Name Certificate
- Limited Liability Companies – Registration of Trade Name Certificate if “doing business as” and Limited Liability Company Operating Agreement
- General Partnerships – Partnership Agreement (if documented) and Registration of Trade Name Certificate if “doing business as”
- Limited Partnerships – Partnership Agreement and Secretary of State Registration
- Limited Liability Partnerships – Secretary of State Registration and Partnership Agreement
- Corporations (Including profit & non-profit as well as non-profit associations) – Corporate Resolution, Articles of Incorporation, and Registration of Trade Name Certificate if “doing business as”
1. Account only remains fee free when either a $1,000 minimum daily balance is maintained or monthly direct deposit is made to the account. Otherwise a monthly service fee will be applied.
2. Dividends begin to accrue on the third business day following deposit.
