Business Savings

Star Commmunity Credit Union offers business savings accounts. STAR has the convenient features and benefits you need to keep your business moving in the right direction.

 STAR Business Savings

  • $10 minimum balance required
  • Print out the Membership Application from home
  • A one time $15.00 fee is assessed at account opening
  • Pays a competitive annual percentage yield on your entire balance
  • To obtain the disclosed annual percentage yield, a minimum average daily balance of $100 must be maintained
  • Follow a savings account by opening a STAR Business Checking account or apply for a VISA Credit Card

 

To open a STAR Business Savings you will need to bring in

Corporations, partnerships or trusts must provide an Employer Identification Number (aka Tax Identification Number).   If a corporation, partnership or trust has applied for, but not yet received, an Employer Identification Number, a copy of the application may be accepted by the credit union as sufficient to open the account or add the signatory. However, the Employer Identification Number must be provided to the credit union within a reasonable period of time after it opens the account or adds the signatory.  Failure to provide the EIN within 30 days or upon the reasonable demand of the credit union shall result in account closure or signatory removal.  In addition to EIN, non-individual applicants must provide additional documentation as set forth below:

 Sole Proprietorship Account:  A copy of the filed fictitious name statement, if any, and a business card with the name of the business.

 Limited Liability Company Account:  A copy of filed fictitious name statement, a copy of the operating agreement face page and signature page, and a copy of filed and recorded articles of organization.

 Unincorporated Association Account: A copy of constitution (or articles of association), bylaws or other charter documents created upon formation, resolution of the governing board or committee to open and transact business on an account, and copy of filed fictitious name statement, if any.

 Partnership Account:  A copy of filed fictitious name statement, a copy of partnership face page and signature pages, and general partnership statement of authority, if any.

 Corporation Account:  A copy of filed fictitious name statement, if any, a copy of resolution of board of directors, and a copy of filed and recorded articles of incorporation.

 Limited Partnership Account:  A copy of any filed fictitious name statement, if any, a copy of filed and recorded certificate of Limited Partnership (LP1), and certificate of general partner.

 Contact our New Accounts Representative for more information at (530) 895-1947 x214



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