Business Deposit Accounts
- $5.00 minimum balance
- No monthly service fee
Business Savings
- No minimum balance
- No monthly service fee
Business Money Market
- $500 minimum balance
- No monthly service fee
Business Certificates
- SEP IRA is for owners of small businesses and for self-employed individuals.
Simplified Employee Pension
What will you need to open a business account
If you are not our member, we invite you to discover the credit union advantage for your personal banking needs as well. Otherwise, you will need to join the Selfreliance Association. Business Accounts also require certain governance documents (the operational rules) for your business:
- Sole Proprietorship
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- Valid photo ID
- Social Security Number, or Federal Tax ID Number (TIN) Letter
- When the business name does not contain the owner’s last name, a Certificate of Assumed Name will be required.
- Partnership
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- Valid photo ID
- Federal Tax ID Number (TIN) Letter
- Partnership Agreement, if available
- Partnership Authorization
- If applicable, a Certificate of Assumed Name
- Corporation
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- Valid photo ID
- Federal Tax ID Number (TIN) Letter
- Articles of Incorporation
- Bylaws, if available
- Limited Liability Company
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- Valid photo ID
- Federal Tax ID Number (TIN)) Letter
- Article of Organization
- Bylaws, if available
- Organization or Association
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- Valid photo ID
- Federal Tax ID Number (TIN) Letter
- Articles of Organization or Bylaws
- Meeting Minutes listing current officers
- If applicable, a Letter from President naming the officers and their signatory powers
Ready To Get Started?
APY - Annual Percentage Yield.
Savings & Money Market. Dividends accrue on daily balance. Savings dividends compound quarterly and rates may be adjusted quarterly. Money Market Accounts dividends compound monthly and rates may be adjusted monthly. Withdrawals from Savings and Money Market Accounts may be limited, as stated in Truth In Savings disclosure. Current information may be different than shown.
Certificates. Less than 1 Year Certificates dividends post at certificate maturity. 1 year or longer Certificates dividends compound quarterly. Withdrawal before maturity subject to penalty, as stated in Truth in Savings Disclosure. Certificate rates are subject to change at any Current information may be different than shown.
*6 Mon Certificate and IRA Certificates dividends may be withdrawn monthly.