Routing & Transit Number: 251480181

Open Business Account

Once you've established your membership/share savings account at the credit union, you're eligible to switch all of your accounts to UVA Community Credit Union.

If your business is headquartered in our field of membership you can join the credit union. When you open your membership account, you open a share savings account and become a member-owner of the credit union with access to all of the credit union's services and deposit and lending products. You do not need to have a personal account at the credit union to open a business account.

To open a business membership account, complete a membership application and mail or bring it to any of our branch locations. You will need to make a $100.00 deposit into your share savings account and pay a one-time $5.00 membership fee.

Completing the membership application:

  • Open the Business Membership Application, enter the information and print the completed application
  • Complete the appropriate W-8 form if Account Owner is not a U.S. person.
  • Open the Business Authorization Designation form, enter the information and print the completed form
  • Review the business account checklist for the documents necessary to establish membership
  • Review the following membership documents:
    Business Membership and Account Agreement
    Business Fee Schedule
    Privacy Statement
  • If you are also opening a checking account, review the following documents:
    Availability of Funds
    EFT Disclosure
  • If you are returning the completed Application and Authorization Designation by mail:
    1. Have the authorized signatures on page 3 of the membership application notarized
    2. Complete and have notarized the Business Member Identity and Verification Card included in the membership application
    3. Complete and have notarized the Business Authorization Designation
    4. Provide the applicable documentation on the business account checklist
    5. Include a check for $105.00 to open your share savings account and pay the one-time $5.00 membership fee.  If you are also opening a checking account, you will need to include the amount for the checking account opening deposit.
  • If you are bringing the completed Application and Authorization Designation to a branch:
    1. Authorized signers who will be bringing the application to the branch should bring the identification documents specified on the Member Identity and Verification Card included in the membership application
    2. Authorized signers who will not be present at the branch, should have their signatures notarized on page 3 of the membership application and complete and have notarized the Member Identity and Verification Card included in the membership application
    3. The Authorization Designation must be signed in the branch or the signatures must be notarized
    4. Provide the applicable documentation on the business account checklist
    5. Bring $105.00 to open your share savings account and pay the one-time $5.00 membership fee.  If you are also opening a checking account, you will need to bring the amount for the checking account opening deposit.

If you are already a member:

Members can easily open checking and other deposit accounts at the credit union. If you're not a member, you only need to meet the membership requirements stated above to open a membership account. 

To open a checking or money market account:

  • Complete the Business Membership Application
  • Complete the appropriate W-8 form if Account Owner is not a U.S. person.
  • Review the following documents:
    Availability of Funds
    EFT Disclosure
  • If you are returning the completed application by mail:
    1. Have the authorized signatures on page 3 of the membership application notarized
    2. Complete and have notarized a Member Identity and Verification Card for any new authorized signer.  (You do not have to complete the form for anyone who is already listed as an authorized signer on the account.)
    3. Include a check for the checking account opening deposit.
  • If you are bringing the completed application to a branch:
    1. Authorized signers who are not already listed on the account should either bring the identification documents specified on the Member Identity and Verification Card or, if they will not be present at the branch, they should have their signatures notarized on page 3 of the application and complete and have notarized the Member Identity and Verification Card
    2. Bring funds for the checking account opening deposit.

Apply for a business loan or credit card by completing three forms, then submitting the required business financial statements, and returning them to any branch:

If you are opening a Visa Credit Card you may also need:

If you are not yet a member, you only need to meet the membership requirements stated above to join. You do not need to be a member to apply for a business loan or credit card.

The credit union is an approved Small Business Administration lender.

For information on any of our loan products, visit our Business Loan and Credit Cards Overview.
For information on Online Banking and how it can help manage your finances online, view our Business Online Banking Overview.

Printer Friendly and PDF