Business Account Checklist

Limited Liability Company (LLC)

Tax Identification Number (IRS letter or verification)

Social Security Number (for each manager and authorized signer)

Valid Picture Identification for All Signers (driver’s license)

Certificate of Formation or Operating Agreement (certified copy)

Sole Proprietorships

Social Security Number (SSN) for Sole Proprietor (owner) is used as the Primary and the (SSN) for any (coowner) or Tax Identification Number (EIN) for the Business, if applicable

Valid Picture Identification for All Signers (driver’s license)

Business License

Partnerships

Tax Identification Number (IRS letter or verification)

Social Security Number (for each partner and authorized signer)

Valid Picture Identification for All Signers (driver’s license)

Partnership Agreement & Partnership Certificate Agreement (certified copy

Corporations

Tax Identification Number (IRS letter or verification)

Social Security Number (for each officer and authorized signer)

Valid Picture Identification for All Signers (driver’s license)

Charter or Articles of Incorporation

Corporate Resolution

Non Profit

Tax Identification Number (IRS letter or verification)

Social Security Number (for each officer and authorized signer)

Valid Picture Identification for All Signers (driver’s license)

Non-Profit Status Documentation:
• IRS Determination Letter or • Signed IRS Form 1023 or 501 (c)(3)

Articles of Incorporation, Declaration of Organization

Certificate of Existence

Meeting Minutes

Business Trust

Tax Identification Number (IRS letter or verification)

Social Security Number (for each officer and authorized signer)

Valid Picture Identification for All Signers (driver’s license)

Trust Document

Organization or Unincorporated Association

Social Security Number or Tax ID # for the Club (IRS letter or verification)

Social Security Number (for each authorized signer)

Valid Picture Identification for All Signers (driver’s license

Board of Directors Minutes

Letter on Letterhead Stating Intent to Open Account (signed by at least one board member

Trade Name Registration (required for DBA only)

Benefit From Extra Earnings Each Month

With convenient, anytime access and lots of perks, our Premium Business Checking offers tremendous value. See how this account stacks up against our other business checking options so you can find the perfect account for your Maryland or Delaware business.
Premium Checking Basic Checking Deluxe Checking
Average Daily Balance $10,000 $500 $1,000
Monthly Fees
(if balance not maintained)		 $15 $5 $7.50
Interest Earned Earnings credit rate is
equal to the dividend rate
of prior Saving Club rate		 X X
Set-up Fee $0 $0 $0
Bill Pay
Online Banking FREE FREE FREE
Visa Debit Card FREE FREE FREE
Electronic Statements FREE FREE FREE
Overdraft Protection
(from Prime Share)
Free Deposit Items
(per month; $0.10 each after)		 100 25 50
Free Paid Checks
(per month; $0.10 each after)		 100 25 50
24/7 ATM Access
24/7 ITM Access
Federal Tax Depository Services FREE FREE FREE
Night Depository Services

Start Saving Today & Enjoy
High-Yield Returns!

Open an Account

Business

Frequently Asked Questions

Plus, You Get Access to Our Member Premium Benefits

Image

You Become a Member-Owner

We don't exist to enhance the wealth of our shareholders, we are member-owned. As a not-for-profit organization, we use our profits to increase Member benefits and support community causes.

Image

Your Money is Insured & Protected

Instead of being covered under FDIC, your deposits are covered under the National Credit Union Administration (NCUA), which insures deposits up to $250,000, the same amount as the FDIC. It’s a different name but the same function.

Image

Your Funds Are Easy to Access

With online and mobile banking, you have access to your account anytime and anywhere from your computer, smartphone, or tablet. Check your account balance, transfer funds, pay bills, and manage your finances easily without going to the bank.