Become a Business Member

You can join the Credit Union if your business is located in the City of Charlottesville or the counties of Albemarle, Culpeper, Fauquier, Fluvanna, Greene, Louisa, Madison, Nelson, Orange or Rappahannock. You do not need to have a personal account at the Credit Union to open a business account.

When you open your business membership account, you open a share savings account and become a member-owner of the credit union with access to our full menu of products and services for business members.

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 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:
    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 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.

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