BUSINESS

Brotherhood Credit Union is proud to offer *free Business Banking services to our local companies.  With several complimentary products BCU’s Business Banking is the perfect fit for your company. 24/7, our products and services are here to help your business grow without the hassle of the “big bank” experience and “nickel and diming” fee tactics.  Below are some of the complimentary services that are offered to our business members:

• Free On-Line Banking
• Free 24 hour Telephone Banking
• Free/unlimited bill-pay
• Cash Reserve
• First 40 checks are free
• Unlimited transactions
• MasterMoney Debit Card
• Visa Reward & Travel Program
• No fees for non-profit organizations
• And more!

Brotherhood Credit Union’s Business Checking requires a minimum $100 deposit to establish the account and a *daily average balance of $5,000 to waive an $8 monthly fee.  As a BCU business checking account holder, your company must also be a member of the credit union which requires a minimum deposit of $25 into a business share account. The following documents are required to set up a BCU business account:

• Identification from all signers (driver’s license or American passport)
• EIN or TIN
• Partnership Agreement (if the business is a partnership)
• Articles of Incorporation
• Corporate Resolution
• Certificate of Existence
• Resolution granting to law firm representation (IOLTAs only)
• Minutes authorizing account and signatory (if available)

Below are the categories of businesses BCU will open accounts for:

• Doing Business As (D/B/A)
• Sole Proprietors
• Partnerships
• Corporations
• Non-Profit Organizations
• IOLTA