Business Savings Accounts
All the perks you expect with a personal savings account but applies to your business!
What is needed to open a Filer Credit Union Business Savings Account?
This is your base account for your business.
- Tax Identification Number
- Current form of ID for all signers
- Articles of Organization/ Corporation Bylaws
- Trade or Fictitious name document
- Physical address of business
Regular Shares
This is your main account. When opened with a $5.00 deposit, it establishes your membership. You are then eligible for other Credit Union services and have voting rights.
- Fees: NONE!
- Minimum Initial Deposit: $5.00
- Minimum Daily Balance Required: $5.00 (initial dep)
- Minimum Age to Open: None
- Dividends/Interest: Compounded monthly. Credited monthly.
- Unlimited in branch withdrawals.
Sub Share Accounts
Want to separate your savings without opening a whole new account? This add on account is perfect for you. It opens below your existing share savings account just with a new suffix. You could even use nicknames to differentiate between the different accounts.
Nickname ideas:
- Taxes
- Vacation
- College
- Down payment
- Tips
- Fun money
- Pets
*You can have up to 5 Sub Shares per membership.