Manage your bottom line more efficiently.

We understand running a business can be tough. We make managing your money easy! Whether you’re running a small business or managing a larger company with a higher balance, we’ll help keep expenses low so you can focus more on growing your business. 
 
  • $300.00 / month minimum balance
  • Daily interest
  • No per check charge
  • First box of EFCU design checks free
  • Free deposit items up to 100 / month
  • Only $5.00 to open
 Account Extras
Your Business Checking account comes loaded these features at no additional charge:
  • Free Online Banking with Bill Pay
  • Free Mobile Banking and Mobile Deposit
  • Free E-Statements
  • Overdraft Protection
  • Free debit card
  • Free Notary Service and Signature Guarantee
  • Surcharge free ATMs
What documents do I need to open a business checking account?
We request the following information for every new business account:
  • Name and address and proof of address if different than your government issued ID
  • Social security number
  • A valid form of identification including: Driver's license, State ID, Military ID or Passport
  • Any legal documents pertaining to your business such as: business license, articles of organization, articles of incorporation, bylaws, or other supporting documents depending on the type of business you own. 
  • $5, which will establish your Enrichment savings account, with a minimum opening balance of $5
Who needs to be present to open a business account?
All signers that are authorized for the business account will need to be present to sign documents. 
What documents do I need to open a Sole Proprietor Account?

Individuals that need to be present at account opening:

  • Sole Proprietors with one owner – the owner
  • Spousal Sole Proprietors – both owners
  • Sole-Proprietors with Power of Attorney – the agent with Power of Attorney papers
  • If you need to add authorized signers to the account, they must also be present.

Information required to open account:

Personal Identification - Unexpired government issued photo ID for all signers on the account.

Tax Identification Number - SSN, or an Employer Identification Number (EIN) is required.

Business Documentation

  • If your sole proprietorship operates under your SSN and your name, no business documentation is required.
  • If your sole proprietorship operates under an EIN and a name other than the owner’s legal name, additional documentation is required. Acceptable documentation would include one of the following: Business License, Assumed Name Certificate, Business Permit, Sales Tax Certificate, contract as independent reseller, or Schedule C of IRS tax return.
What documents do I need to open an account for my LLC business?

Individuals that need to be present at account opening:

  • Member Managed LLC – All Members
  • Manager Managed LLC – All Managers

If one of the Managers or Members of the LLC is another business, an authorizing representative of that business must also be present.

If you would like to add an authorize signer to your account, they must also be present.

Information required to open account:

Personal Identification – Two forms of ID, one of which must be an unexpired Government issued photo ID for all signers on the account.

Tax Identification Number - An Employer Identification Number (EIN) is required. Single Member LLCs may use their SSN or ITIN

Business Documentation

  • Articles of Organization: If your business is organized in another state, but operated in the state where the account is being opened, documentation from both states is required.
  • Assumed Name Certificate: May be required if your business is operating with a DBA (doing business as). Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA. 
What documents do I need for a Corporate Account?

Individuals that need to be present at account opening:

  • Any authorizing representative must be present. This includes: President, Secretary, Assistant Secretary, or Acting Secretary.
  • If you would like to add authorize signers to your account, they must also be present.

Information required to open account:

Personal Identification – Two forms of ID, one of which must be an unexpired Government issued photo ID for all signers on the account.

Tax Identification Number - An Employer Identification Number (EIN) is required.

Business Documentation :

  • Articles of Incorporation: If your business is organized in another state, but operated in the state where the account is being opened, documentation from both states is required.
  • Assumed Name Certificate: May be required if your business is operating with a DBA (doing business as). Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA. 
What documents do I need for an Organization type business account?

Individuals that need to be present at account opening:

  • Any authorized representative must be present as well and any authorized signer(s) designated to conduct business on the account.

Information required to open account:

Personal Identification – Two forms of ID, one of which must be an unexpired Government issued photo ID for all signers on the account.

 Tax Identification Number - An Employer Identification Number (EIN) is required.

 Business Documentation

Organizations

  • Bylaws – includes basic rules of the organization, such as who is authorized to make decisions and/or conduct business on the organization’s behalf.
  • Letter of Authorization from parent organization, governing body of church, or official of the school.
  • Charter certificate or other document verifying affiliation or sanction by parent organization

Associations

  • Letter of authorization or meeting minutes stating authorized representative(s)
What do I need to open an account for a Partnership business?

Individuals that need to be present at account opening:

  • All General Partners must be present to open the account.
  • If one of the General Partners is another business, an authorizing representative of that business must also be present.
  • If you would like to add authorize signers to your account, they must also be present.

Information required to open account:

Personal Identification – Two forms of ID, one of which must be an unexpired Government issued photo ID for all signers on the account. 

Tax Identification Number - An Employer Identification Number (EIN) is required.

Business Documentation

  • Partnership Agreement or Joint Venture Agreement – include any amendments that list the current partners in the business.
  • Assumed Name Certificate May be required if your business is operating with a DBA (doing business as). Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA.