Business Savings Account
You deserve a convenient and easy-to-use account that supports your business' journey. Look no further than our all-purpose Business Savings Account.
Benefits
- Unlimited withdrawals or transfers
- Interest earning account
- Use with a checking account for Overdraft Protection
- Smooth account opening process
Requirements
- Minimum opening deposit of $250 (Minimum of $25 for a minor under 18)
- Minimum balance of $50 required to earn interest.
- $6 service charge if requirements are not met (Service charge waived if under age 18)
Business Account Checklist
Be prepared for a smooth account opening process with this list of items.
- Articles of Organization
- Notice from IRS of Federal Tax Identification Number
- Expected level of activities you will run through each account
Needed for anyone who owns 25% or more of the company and on one person who has significant control over the business:
- Photocopy of valid driver's license
- Name
- Address
- Date of birth
- Social security number
Needed for all account signers:
- Photocopy of valid driver's license
- Name
- Address
- Date of Birth
- Social security Number
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