Business Checking

Our top-of-the-line business checking account allows you to earn interest at a competitively high rate so you can offset all or part of your monthly account activity charges. It's the ideal account for Maryland and Delaware business owners with higher transactions volumes and larger balances.
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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.

Delaware and Maryland businesses of every size will benefit from our checking and savings accounts. With multiple options, there’s an account that can be tailored to your company’s specific needs.

Basic Business Checking - Here's the ideal account when you have lower transaction volumes and still want anytime convenience and plenty of free features.

Deluxe Business Checking - Get 50 free deposit items per month and all the digital access you want to manage your account anywhere.

Premium Business Checking - Earn interest on your deposits and get 100 free deposit items per month with our top-level business checking account.

Overdraft Protection - Avoid the embarrassment of declined transactions by using your Savings Account to back up your Business Checking account.

BUSINESS CHECKING
ACCOUNTS		 Basic Checking Deluxe Checking
Premium Checking
Average Daily Balance $500 $1,000 $10,000
Monthly Fees
(if balance not maintained)		 $5* $7.50* $15
Interest Earned X X Earnings credit rate is
equal to the dividend rate
of prior Saving Club rate
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^ 25 50 100
Free Paid Checks^ 25 50 100
24/7 ATM Access
Federal Tax Depository Services FREE FREE FREE

*Monthly fee waived if average daily balance is maintained. $5.00 per month if average daily balance falls below $500 on Basic; $7.50 per month if average daily balance falls below $1,000 on Deluxe. Premium fee excluded from average daily balance waiver.

**$3.00 Per Transaction.

~Dividends paid on Balances $1,000+.
^Deposit Items and Paid Checks have a $.10 per item charge when exceeding allowable number of free checks and deposit items listed on BBC, DBC and PBC.

What You Need to Open A Business Account

LIMITED LIABILITY COMPANY (LLC)
Certificate of Formation or Operating Agreement(certified copy)
Tax Identification Number (IRS Letter or Verification) One of the following
  • Certificate of Good Standing aka Certificate of Existence or Status
  • Operating Agreement (Signed and Stamped) aka Certificate of Formation or Charter Most recent tax return
  • Annual report filed with the State Corporation Commission
SOLE PROPRIETORSHIPS
Business License
If using Tax ID Number, one of the following
  • Business or Occupational License (Temporary acceptable)
  • Current Tax Registration Certificate, Permit or Declaration for any State or Local Ta
  • Fictitious or Assumed Name Certificate aka Trade Name or DBA (Doing Business As) Registration
If using Social Security Number, no additional documents required
PARTNERSHIPS
Tax Identification Number (IRS Letter or Verification)
One of the following:
  • Certificate of Limited Partnership aka Statement of Limited Partnership or Limited Partnership Registration Statement
  • Certificate of Good Standing aka Certificate of Existence or Status
CORPORATIONS
Tax Identification Number (IRS Letter or Verification)
Corporate Resolution
One of the following:
  • Copy of Certificate of Good Standing aka Certificate of Existence or Status
  • Copy of Articles of Incorporation aka Certificate of Incorporation, Formation, or Charter
  • Most recent tax return
  • Annual report filed with the State Corporation Commission
NON-PROFIT INCLUDING CHURCHES
Non-Profit Status Documentation
  • IRS Determination Letter or Signed IRS Form 1023 or 501(c)(3)
One of the following:
Organization Documents
  • Articles of Incorporation or Charter
  • Current Constitution or other governing documents or
  • Certificate of Good Standing aka Certificate of Existence or Status
ORGANIZATION, CLUB, OR UNINCORPORATED ASSOCIATION
Tax Identification Number (IRS Letter or Verification) or Social Security Number
One of the following:
  • Letter on letterhead Stating Intent to Open Account (Signed by at least one board member
  • Meeting Minutes
ADDITIONAL ITEMS NEEDED
Personally Identifying Information for each authorized signer, manager, or officer
Valid Picture Identification for ALL signers (EX: Driver’s License, State ID, Passport
If using a Trade or DBA Name and documents do not reflect that name, applicant must provide a copy of one of the following:
  • Fictitious or Assumed Name Certificate
  • Trade Name Registration
  • DBA (Doing Business Registration
  • Fictitious Name Statement
(Sole Proprietorships can generally add the name to their business license.)

Start Saving Today & Enjoy
High-Yield Returns!

Open an Account

Plus, You Get Access to Our Member Premium Benefits

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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.

money insured and protected

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.

easy to access funds

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.