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