Business Savings Accounts

See the Difference where it counts!

Business Savings Account

• Earn a competitive interest rate on balances of $250 or more
  
• Interest is calculated daily and compounded quarterly on the statement date
  
• Interest will be paid regardless of balance to accounts maintained by non-profit organizations
  
• Activity Charge of $2.00 for each withdrawal in excess of five (5) during the quarterly statement cycle
  
  

What to bring to open a new business savings account

• Social Security Number of Sole Proprietor OR Federal Tax ID Number (TIN/EIN)
  
• Valid government issued photo identification of owner
  
• One (1) form of ID from each authorized signer

• One (1) form of ID from each authorized signer
  
• Partnership agreement signed by all partners and/or Certificate of Partnership
  
• Copy of the letter from the IRS assigning the Tax Identification Number

• One (1) form of ID from each authorized signer
  
• Limited Partnership Agreement and/or Certificate of Partnership
  
• Copy of the letter from the IRS assigning the Tax Identification Number
  

• One (1) form of ID for each authorized signer
  
• Certificate of LLC
  
• Articles of Organization, if available
  
• By-laws or Operating Agreement, if available
  
• Copy of the letter from the IRS assigning the Tax Identification Number

• One (1) for of ID from each authorized signer
  
• Certificate of Incorporation
  
• Articles of Incorporation
  
• By-laws
  
• Copy of the letter from the IRS assigning the Tax Identification Number

• One (1) form of ID from each authorized signer
  
• Copy of the letter from the IRS assigning the Tax Identification Number
  
• Minutes of the group’s meeting indication directive to open account and authorized signers