Join Valley Credit Union

Company funds should do their part to grow your business — and this dividend-earning account will put them to work.

Rates

Key Features

  • UNLIMITED Checks Cleared and Checks Deposited
  • Earn Up To 1.66% APY*
  • Free Digital Banking

 

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Let your checking account Drive Business Growth with our Business Dividend Checking account that earns up to 1.66% APY*.

Get ready to experience the ultimate in banking convenience with Valley's new and improved Business Checking Accounts! We're thrilled to announce that our Business Dividend Checking account just got even better! Say goodbye to the old limit of 100 free checks cleared and deposited per month and hello to a whopping 100,000 checks per month – what happens with your next 100,000 items you may ask? They are also FREE because you can have UNLIMITED checks cleared and deposited per month! Now you'll never have to worry about per item fees again!

  • Grow your balance with competitive dividends
  • Avoid the $5 monthly service fee by maintaining a minimum daily balance of $5,000 or more
  • UNLIMITED checks cleared and checks deposited per month
  • Free digital banking services, including:
    • Free online banking & bill pay
    • Free mobile banking
    • Free eStatements
  • Free Visa® debit card
  • $100 minimum deposit to open*
  • Sole Proprietor
    • Secretary of State Letter of Acknowledgement of Assumed Business Name OR Certificate of Fact/Existence
    • IRS Verification of EIN
    • Minutes of Meeting - authorizing signers (if applicable)
    • Additional documents may be needed

  • Organization/Non-Profit Corporation/Not for Profit Corporation
    • Governing Document (Charter, Bylaws) OR Letter of authorization from Parent Organization
    • Minutes of Meeting - authorizing signers
    • IRS Verification of the Org OR Letter of Authorization to use EIN
    • Additional documents may be needed

  • Campaign
    • IRS Verification of EIN
    • Statement of Candidate form
    • Additional documents may be needed

  • Limited Liability Company (LLC)
    • Articles of Organization OR Last Annual Report (must name LLC members)
    • IRS Verification of EIN, unless using SSN of the Sole Member
    • Operating Agreement (if necessary to establish current members)
    • Additional documents may be needed

  • Corporations - For Profit
    • Articles of Incorporation OR Last Annual Report (must name Officers)
    • Resolution of Authority OR Minutes of Corporate Meeting naming signers
    • IRS Verification of EIN
    • Additional documents may be needed

  • Partnerships
    • Secretary of State Registration OR Certificate of Fact/Existence OR Certificate of Limited Partnership OR Registration of Limited Liability Partnership
    • Partnership Agreement
    • IRS Verification of EIN
    • Additional documents may be needed

*APY=Annual Percentage Yield. Rates effective as of November 13, 2023. $25 minimum deposit on Business Savings account required for membership. Rates may change after account is opened. APY is on a tiered level:

  • $100,000.01+ = 1.66% APY
  • $50,000.01 - $100,000 = 1.00% APY
  • $10,000.01 - $50,000 = 0.25% APY
  • up to $10,000 = 0.10% APY