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In observance of Good Friday, March 29th all locations will close at 3 PM. All offices will be closed Sunday, March 31st in observance of Easter. All online services will be available. Enroll in Online Banking in 2 minutes here.

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Business Solutions

Business Deposit Accounts

    Business Savings

  • $5.00 minimum balance
  • No monthly service fee

    Business Money Market

  • No minimum balance
  • No monthly service fee

    Business Certificates

  • $500 minimum balance
  • No monthly service fee

    Simplified Employee Pension

  • SEP IRA is for owners of small businesses and for self-employed individuals.


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
  • Valid photo ID
  • Your Social Security Number/Federal Tax ID Number (TIN) Letter or your Employer Identification Number (EIN) Letter
  • When the business name does not contain the owner’s full legal name, a Certificate of Assumed Name will be required.
Partnership
  • Valid photo ID
  • Your Employer Identification Number (EIN) Letter
  • Partnership Agreement or Resolution
  • Certificate of Assumed Name, if applicable
  • Statement of Partnership Authority, if applicable
Corporation
  • Valid photo ID
  • Your Employer Identification Number (EIN) Letter
  • Proof of filing from the State of formation (Articles of Incorporation for Illinois and Michigan corporations or Certificate of Formation for New Jersey corporations)
  • Corporate Resolution, if applicable
  • Bylaws, if available
Limited Liability Company
  • Valid photo ID
  • Multiple member LLC: your Employer Identification Number (EIN) Letter
  • Single member LLC: your Social Security Number or Employer Identification Number (EIN) Letter
  • Proof of filing from the State of formation (Articles of Organization for Illinois and Michigan LLCs or Certificate of Formation for New Jersey LLCs)
  • Operating Agreement, if available
  • LLC Resolution, if applicable
Organization or Association
  • Valid photo ID
  • Your Employer Identification Number (EIN) Letter or IRS 501 (c) tax determination letter for non-profit organizations
  • Bylaws
  • Meeting Minutes or Resolution naming current officers and their signatory powerss
  • Resolution, if applicable


Ready To Get Started?



Savings Calculator


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.

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