Business Savings

 At Citymark Federal Credit Union, every business account member maintains $5 in his or her share savings account at all times. In your credit union, members pool their funds to help one another in a cooperative way. As a shareholder, you are entitled to borrow and utilize the services which other members help make possible for you.

Benefits

  • Basic savings account

  • Free e-services

Terms

  • Minimum $5 initial deposit

  • Dividends are paid quarterly and are calculated on an average daily balance

  • A member must maintain a $5 minimum average day to day balance in order to receive dividends


Business Reward Checking

Benefits

  • FREE Mobile Wallet that includes Apple Pay, Samsung Pay, and Google Pay.

  • NO MONTHLY FEE OR PER TRANSACTION FEE!!

  • Free courtesy pay

  • Free overdraft protection (auto transfer from another account)

    • (unlimited)

  • Free mobile banking

  • Free remote check deposit

  • Free HomeBanking

  • Free eStatements

  • Free Buzz BillPay

  • Free Contactless Debit Card

  • Earn 5% on balances up to $10,000

  • Pay+

    • get paid up to two days early with our early deposit feature

  • NSF+

    • No NSF fee on any transactions under $10

Terms 

  • Minimum $100 balance (to earn dividends)

  • Dividends are paid monthly and are calculated on an average daily balance. 

  • Must be signed up for HomeBanking, eStatements, have at least one direct deposit/payroll deduction per month, and use your debit card at least 15 times per month.


What will I need to Open my Business Account?

All owners/signers on the account will need their driver’s license plus CityMark requires the following documentation for each type of business listed below:

Sole Proprietorship

  • Driver’s license for each signer

  • EIN certificate (may use social security number)

Limited Liability Company (LLC)

  • Driver’s license for each signer

  • EIN certificate (may use social security number)

  • Articles of Organization

  • Operating Agreement

Partnerships
General Partnership (GP), Limited Partnership (LP), and Limited Liability Partnership (LLP)

  • Driver’s license for each signer

  • EIN certificate

  • Partnership agreement

  • Bylaws

Corporation

  • Driver’s license for each signer

  • EIN certificate

  • Articles of Incorporation

  • Bylaws

Non-Profit Corporate

  • EIN certificate

  • Articles of Incorporation

  • Bylaws

Organization/PTO/Club/Churches

  • Driver’s license for each signer

  • EIN paperwork (if applicable)

  • Bylaws or Corporate Resolution