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Business Savings Accounts

We are proud to offer quality savings solutions with the features your business needs to succeed.

Deposit

$500 Minimum Balance*

Initial Deposit

$25 Initial Deposit to Open a New Account

Withdrawal

Withdrawals at Your Local Branch

  • Competitive dividends rate (minimum balance required)
  • Descriptive quarterly statements
  • Free Digital Services: Digital Banking, Bill Pay, e-Statements, e-Alerts

No matter how small or large your business, we’re here to help you every step of the way. With Checking and Savings accounts, Money Market, Commercial Loans, and more, we have all the right accounts for your business. Make an appointment at any of our branch locations to open your business account today.

Information you will need to Open a Business Account:

When opening a business account, all banking institutions are required to obtain information verifying the business as well as the individuals associated with the business. The list of business types below will help you quickly and easily determine the documents needed.

Sole Proprietorship

Required Documentation:
  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)
  • If Operating as DBA:
    • DBA Trade Name Registration – received from the clerk of the superior court of the county in which business is conducted
    • Business License – received from the city or county in which business is conducted

LLC

Required Documentation:
  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Corporations/LLC/Professional Corp: should have date and secretary’s signature
  • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
  • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Organization

Corporation

Required Documentation:
  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Corporations/LLC/Professional Corp: should have date and secretary’s signature
  • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
  • Certificate/Articles of Incorporation – shows formation of entity with Secretary of State
  • Letter authorizing use of TIN – (If operating under a Parent Organization’s TIN, a letter from the Parent Organization giving authority to use the TIN is required)
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Incorporation

Association/Organization/Informal Non-Profit Organization

Required Documentation:
  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Certification of Owners of Organization of Club: date, signature of ALL officers listed on the current minutes
  • Current Meeting Minutes
    • Must list current owners/officers of organization and must be signed
    • Must identify if they are opening an account, adding individuals, and/or removing individuals with Robins Financial
    • Must be signed by the secretary or similar title
    • Must be on letterhead and typed
    • ALL officers listed in minutes MUST sign section 4 of the Robins Financial Business Account resolution
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)

Partnership

Required Documentation:
  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Partnerships: date and signature of Partners
  • Secretary of State Registration/Certification – if registered, entity must be either Active/Compliant or Active/Owe for the Current Year
  • Statement of Partnership or Partnership Agreement
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Incorporation

Disclosures

* Minimum Balance - This balance is required to obtain the stated Annual Percentage Yield (APY) for the dividend period and to avoid the Below Minimum Balance Fee. View current rate information and see the Rate & Fee Schedule for Below Minimum Balance Fee information.
Account Limitations - For Savings, IRA Savings and Prestige accounts, no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a pre-authorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.