Business Savings Account

Become a member of a credit union that truly cares —  while making sure those extra funds work as hard as you do. It all starts here.

 

 

*APY = Annual Percentage Yield. Promotional rate is available on Business High-Yield Savings accounts.  Rates, conditions and terms subject to change at any time without notice. Business accounts with a minimum balance of $10,000 and a maximum of $50,000 will earn 3.00%APY. Balances of $50,000.01 or more will earn 3.75%APY. Offer available on Business High-Yield Savings accounts only. Funds currently on deposit at TRUE Community Credit Union are not eligible for the promotion. Membership eligibility guidelines apply. See branch for complete details. Additional account information is provided in the TRUE Community Credit Union New Account Disclosure. TRUE Community Credit Union reserves the right to cancel the promotion at any time.

Rates

Key Features

  • Establishes Membership
  • Competitive Dividends
  • Free Digital Banking
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  • Establishes membership with TRUE Community Credit Union
  • Earns competitive dividends on entire balance
    • Dividends computed on average daily balance, paid monthly
  • Grants full access to credit union benefits
  • Nationwide surcharge-free ATM network
  • Can be used as overdraft protection
  • No monthly service fee
  • $5 minimum balance requirement (to remain open)
  • No limit or fees for withdrawals
  • Free digital banking, including:
  • $5 minimum deposit to open
  • Savings accounts not eligible for debit cards

Interested in opening a business account with us? We'll make it easy for you! Check out all of the items you will need to bring with you when you come to open your account.

There is a minimum $25 deposit required when opening a Business Savings Account.

DBA Sole Proprietorship

  • Certified Business Registration Certificate
  • Proof of EIN or Social Security Number

Need to register your business in Ingham County? Start here. 

Need to register your business in Jackson County? Start here.

Need to register your business in Washtenaw County? Start here.

Partnership

  • Certified Business Registration Certificate
  • Partnership Agreement
  • Proof of EIN

Need to register your business in Ingham County? Start here.

Need to register your business in Jackson County? Start here.

Need to register your business in Washtenaw County? Start here.

Corporation

  • Articles of Incorporation (complete package)
  • Bylaws
  • Proof of EIN
  • Officer listing by name and title
  • Account opening resolution

State of Michigan Business Registration for LLCs and Corporations

Limited Liability Company (LLC)

  • Articles of Organization
  • Proof of EIN
  • Operating agreement
  • Account opening resolution
  • Sole member LLCs are not required to provide an Operating Agreement or Account Opening Resolution

State of Michigan Business Registration for LLC's and Corporations

Non-Profit Corporation 

  • Articles of Incorporation
  • Bylaws
  • Account opening resolution
  • Proof of EIN showing tax exempt
  • Officer listing by name and title

State of Michigan Business Registration for LLC's and Corporations

Club Accounts

  • Copy of Bylaws
  • Meeting minutes or resolution for account opening
  • Proof of EIN showing tax exempt status, if applicable
  • Officer listing by name and title

Links

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