A Trusted Partner By Your Side

If you’re starting your own business or expanding your existing enterprise, we can help you make it happen.

Our business account is designed to help you grow and manage your business no matter your size. 

Features: 

  • Competitive dividend rates
  • Easy access to your account with ATMs or Online and Mobile Banking
  • First pack of starter checks are FREE 

Open a Business Account

Copies of the Business Membership and Account Agreement are available at our Community Offices or in PDF format below.

Rates Fees

Required documentation  

  1. All business accounts require a valid Social Security Number, EIN, or TIN, as appropriate.
  2. Additional documentation requirements vary based on the type of business:

Sole proprietorship

  • Business license (can be city, state, or borough)
  • Appropriate identification for all signers. All persons named as authorized signers must sign in person or provide verification by completing and signing a Member Identification form.

Partnership

  • Business license (can be city, state, or borough).
  • Partnership agreement.
  • Meeting Minutes/resolution/partnership paperwork stating they would like to open an account at MVFCU.
  • Meeting Minutes need to be signed.
  • Appropriate identification for all signers. All persons named as authorized signers must sign in person or provide verification by completing and signing a Member Identification form.

LLC

  • Business license (can be city, state, or borough)
  • Articles of organization
  • Operating agreement (if available)
  • Appropriate identification for all signers. All persons named as authorized signers must sign in person or provide verification by completing and signing a Member Identification form.

Corporation

  • Business License (can be city, state, or borough)
  • Corporate resolution
  • Articles of incorporation
  • EIN or TIN (required)
  • Appropriate identification for all signers. All persons named as authorized signers must sign in person or provide verification by completing and signing a Member Identification form.

Trust

  • Trust documents need to be the originals.
  • Original documents are required: only a copy of the page that states the title of the Trust, and who the trustees are will be kept on file.
  • SSN or TIN: whatever is provided will determine how the account is titled.
  • A personal account can be converted to a Trust.
  • Loans are not allowed on trust accounts

Non-profit organization/association

  • Charter/bylaws
  • Appropriate identification for all signers. All persons named as authorized signers must sign in person or provide verification by completing and signing a Member Identification form.
  • Board meeting minutes specifying the authorized signers for the account and approving the creation of an account at MVFCU.