Business Accounts
You must schedule an appoint to open a business account.
Appointments are only available Monday - Friday.
BAFCU Business Account Advantages Include:
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Minimum share account balance of $25.00
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No minimum balance checking account with Overdraft Protection
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Free on-line bill pay
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Free BAFCU Remote Deposit Capture
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BAFCU Mobile application
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BAFCU Overdraft Advance Protection – $300 limit
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Member Business debit cards – instant issue
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Member Business Credit Cards – Platinum and Classic with fixed rates and NO balance transfer fees
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Low monthly maintenance fee of $25
Click here to download the information on this page in a printable PDF format.
Business Account Documentation Requirements
Business Type
Documentation
Sole Proprietor
Copy of SSN or EIN certificate; Physical address of business (no PO box); Fictitious name certificate (if applicable*); business license (if any); Financial statement
Copy of SSN or EIN certificate; Physical address of business (no PO box); Copy of the partnership agreement; Fictitious name certificate (if applicable*); business license (if any); Financial statement
Partnership LLC
Copy of SSN or EIN certificate; Physical address of business (no PO box); Copy of the articles of incorporation; Fictitious name certificate (if applicable*); business license (if any); Financial statement
Corporation INC or CO
Club or Association
Copy of SSN or EIN certificate; Physical address of business; Copy of meeting minutes, charter/bylaws, other documents to establish the organization; document of authority of signers; Financial statement
Limited Liability Company
Copy of SSN or EIN certificate; Physical address of business; Copy of articles of organization; business license (if any); Financial statement
*Fictitious Name Paperwork is not required if the name of the individual owner is also the name of the company/partnership
DISCLOSURE: The partnership/company owner(s) must be within our FOM to qualify for Business account membership. All signers must provide current state identification with valid address and proof of membership eligibility.