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. Once the account is opened, you must maintain a $5 minimum balance.
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:
- Have the authorized signatures on page 3 of the membership application notarized
- Complete and have notarized the Business Member Identity and Verification Card included in the membership application
- Complete and have notarized the Business Authorization Designation
- Provide the applicable documentation on the business account checklist
- Include a check for $105.00 to open your share savings account which includes 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:
- 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
- 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
- The Authorization Designation must be signed in the branch or the signatures must be notarized
- Provide the applicable documentation on the business account checklist
- Bring $105.00 to open your share savings account which includes 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.