Business Savings

Business Savings

A Business Savings account with Truliant creates the foundation for your relationship with us as a business member. It opens the door to our suite of business products and services while delivering valuable benefits that help you run your business more efficiently.

Establishing your Truliant business membership is as simple as a $5 minimum opening deposit.

Business Money Market

As a business owner you face many challenges, but you'll worry less when you open a Truliant Business Money Market account and start building a financial cushion. This account delivers higher tiered rates than other savings options while providing access to your money anytime you need it. And your funds are federally insured up to $250,000 by the National Credit Union Administration.

To open any Truliant business account, your first step is to open a Business Savings account with a $5 deposit. Then you're free to open other business accounts once you meet their respective account minimums and requirements.

When opening your new business account, we may ask for more information than a standard Membership Savings account. Below is a sample of some of the information and documentation you will need to bring with you when opening a business account.

Business Information to Provide

• Name
• Address (mailing and physical)
• Phone number
• Fax number
• Email address
• Tax Identification (ID)
• Nature of your business

Each Business Owner and Authorized Signers Information*

All owners and authorized signers of business must be present at account opening.

• Name
• Address (mailing and physical)
• Date of birth
• Social Security Number (SSN)
• Primary (e.g. driver license, passport, or state ID) and secondary identification

Based on the legal structure of your business, additional information will be needed to become a business member.

*Unlawful Internet Gambling and Other Illegal Activities: You agree that you are not engaged in unlawful internet gambling or any other illegal activity. You agree that you will not use any of your accounts, access devices, or services for unlawful internet gambling or other illegal activities. We may terminate your account relationship if you engage in unlawful internet gambling or other illegal activities.

Sole Proprietors

All owners/authorized signers of business must be present at account opening.

• SSN of EIN (Employer Identification Number) may be used as the Tax ID
• Business license or Fictitious Name Certificate or Certificate of Trade Name

Corporations

• EIN (Employer Identification Number) may be used as the Tax ID
• Articles of Incorporation as filed with and stamped by the Secretary of State or the appropriate state official
• Fictitious Name Certificate or Certificate of Trade Name (if doing business under another name other than the corporate name)
• If a professional corporation, a Certificate of Registration from the appropriate licensing board (i.e. doctor, attorney)
• A beneficial owner(s) form 

Limited Liability Company (LLC)

• EIN (Employer Identification Number) may be used as the Tax ID (If only one owner of LLC, may use owner’s SSN.)
• Articles of Organization as filed with and stamped by the Secretary of State or the appropriate state official
• Operating Agreement if more than one owner
• Fictitious Name Certificate or Certificate of Trade Name (if doing business under another name other than the LLC’s name)
• If a professional corporation, a Certificate of Registration from the appropriate licensing board (i.e. doctor, attorney)
• A beneficial owner(s) form 

Partnerships

• EIN (Employer Identification Number) may be used as the Tax ID
• Partnership agreement
• Fictitious Name Certificate or Certificate of Trade Name
• A beneficial owner(s) form

Limited Partnerships

• EIN (Employer Identification Number) may be used as the Tax ID
• Partnership agreement
• Certificate of Limited Partnership as filed with the Secretary of State and stamped by the appropriate state official
• A beneficial owner(s) form 

Limited Liability Partnerships (LLP)

• EIN (Employer Identification Number) may be used as the Tax ID
• Statement of qualification of Limited Liability Election form or Certificate of Limited Liability Partnership or Certificate of Registration as filed with and stamped by the appropriate state official
• A beneficial owner(s) form