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  • Join GreenState
Business Savings

Create a reserve fund for future expenses and strategic purchases

Open a Savings Account with as little as $5

Earn competitive dividends

Manage funds with Digital Banking tools

Available for large and small businesses

Partner with GreenState Credit Union

By opening a Savings Account, your business automatically becomes a GreenState member and can access our low-cost loans, convenient checking accounts, and other financial services.

Grow your funds while keeping your cash liquid

When you need an appropriate account for your reserve funds, a Money Market offers the ideal blend of growth and liquidity. You can maximize your earnings without taking risks or locking up your funds in long-term investments. GreenState Credit Union Money Markets deliver premium rates and guaranteed returns while keeping funds available. 

  • Dividends paid and compounded monthly on balances over $10,000
  • Dividend tiers at $100,000, $250,000, $500,000, $1 million, and $5 million
  • Limit three withdrawals per month ($10 per debit thereafter)
  • Easy access to funds through checks, Digital Banking, or at GreenState locations
  • Safe savings tool with deposits up to $250,000 insured by the National Credit Union Administration, a federal agency
Documentation Needed to Open a Business Account

To open a business deposit account, we 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 and Social Security numbers.
  • We also require 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.
Work Perk
Save time on administrative tasks

So you can focus on what truly matters: growing your business.

Treasury Management

  • Trade Name Form1
  • Copy of driver’s license

  • Documentation applicable to how your organization, association, or club is organized.
    • Is your organization a non-profit corporation?
    • Is your association an LLC?
    • Is your club a non-profit organization or DBA?
  • EIN Verification
  • Basic information and copies of driver's license for all authorized signers.
  • Basic information and copies of driver's license for the control person for the organization, association or club. (club president or treasurer, HOA president or treasurer, etc.)

  • Partnership Agreement
  • EIN Verification
  • Basic information and copies of driver's license for all authorized signers.
  • Basic information and copies of driver's license for all owners of 25% or more of the partnership.
  • Basic information and copy of driver's license for the person controlling the partnership.
  • Registration and Active Status with the Secretary of State.

  • Certificate of Organization
  • Operating Agreement2
  • EIN Verification
  • Fictitious Name Certificate or Statement, if applicable
  • Basic information and copies of driver's license for all authorized signers.
  • Basic information and copies of driver's license for all owners of 25% or more of the LLC.
  • Basic information and copy of driver's license for the person controlling the LLC.
    Registration and Active Status with the Secretary of State.

  • Articles of Incorporation
  • Bylaws
  • EIN Verification
  • Fictitious Name Certificate or Statement, if applicable
  • Basic information and copies of driver's license for all authorized signers.
  • Basic information and copies of driver's license for all owners of 25% or more of the corporation.
  • Basic information and copy of driver's license for the person controlling the corporation.
  • Registration and Active Status with the Secretary of State.

Steadily grow your savings to address business needs with a savings account at GreenState Credit Union. Reach out to a lender in your area or visit a branch today.

Learn to do more with your money
Financial Education
Learn smart money management.
Financial Calculators
Calculate payments, savings and more.
GreenState Blog
Get financial tips and advice.
Security & Fraud
Keep your personal information secure.
Work Perk
Save time on administrative tasks

So you can focus on what truly matters: growing your business.

Treasury Management

  1. The Trade Name Form is only necessary if the member’s last name is not included in the business name.

  2.  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”.

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