Business Accounts

You must schedule an appoint to open a business account.

Appointments are only available Monday - Friday.

BAFCU Business Account Advantages Include:

  • Minimum share account balance of $25.00

  • No minimum balance checking account with Overdraft Protection

  • Free on-line bill pay

  • Free BAFCU Remote Deposit Capture

  • BAFCU Mobile application

  • BAFCU Overdraft Advance Protection – $300 limit

  • Member Business debit cards – instant issue

  • Member Business Credit Cards – Platinum and Classic with fixed rates and NO balance transfer fees

  • 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.

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