GreenState Credit Union is in business to help your business, big or small. We offer a variety of business deposit accounts to fit your needs, and can provide online resources to help you manage them.
All checking accounts require a $50 initial deposit when opening the account.
Designed for accounts that have less than 50 transactions per month.
Designed for accounts that have between 100 and 250 transactions per month.
Designed for accounts that have more than 250 transactions per month.
A $5.00 deposit to savings is required to establish membership.
To open a business deposit account, GreenState will need to obtain information to verify your business as well as the individuals associated with it. Basic information you must provide about individuals associated with the account include: name, address, date of birth, SSN and a valid current drivers' license or other government issued photo ID for all authorized signers, all beneficial owners of 25% or more of the business, and for the person controlling the business or organization. Please find the applicable business type in the list below and review the documentation needed in order to open an account. You must have the documentation listed below or we will be unable to open your account.
The Trade Name Form is only necessary if the member’s last name is not included in the business name.
If you do not have an Operating Agreement and are a single owner LLC, GreenState Credit Union will accept a “Statement in Lieu of Operating Agreement”.
If no bylaws exist and are a single owner corporation, we will accept a “Statement in Lieu of Bylaws”.