Our deposits and services help you manage your funds, provide convenience, and give you peace of mind knowing you’re protected by state-of-the-art security.

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Business Checking

A simple, free Business Checking Account to meet your company’s cash flow needs.

  • No Minimum Balance
  • No Monthly Maintenance Fees
  • Up to 200 checks processed with no fee*
  • IOLTA and IORTA accounts available
  • Overdraft line of credit available for those eligible


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Business Money Market

Are you looking to earn more while still having access to your money? Our Business Money Market Account is for you! Earn a competitive interest rate too.

  • No Monthly Maintenance Fees
  • Tiered rates based on balance
  • Unlimited deposits and ATM withdrawals
  • Up to 6 electronic or preauthorized transfers per month
  • $2,000 minimum opening amount


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business owner selling smoothie

Business Term Share Certificates

Make your money work as hard as you do and rest easy knowing that you’ll be earning top dollar with a safe investment. Even if you need to withdraw the money before you expect, you will never lose any of the principal balance that you invested.

  • 6 to 60 month terms
  • Fixed Rate – Competitive Yields
  • $500 minimum balance
  • Automatic renewal at end of term (if desired)


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Business Membership Requirements

All businesses are required to be registered with the Vermont Secretary of State. The only exception is a DBA in which the business name includes the business owner’s legal name. As a federally chartered credit union, we are unable to serve businesses who engage in internet gambling.

The following items are required to open a business account.


  • Articles of Incorporation
  • IRS Employer Identification Number Form (if available)

Sole Proprietorship (Doing Business As)

  • IRS Employer Identification Number Form (if available)

Limited Liability Company (LLC)

  • Articles of Organization
  • IRS Employer Identification Number Form (if available)
  • Exception: LLC’s can use an SSN if there is a single member/owner
  • Certificate of Organization or LLC Agreement (if available)


  • Partnership Agreement
  • Certificate of Organization
  • IRS Employer Identification Number Form (if available)
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Ownership & Authorized Signers


You will be required to provide the name, address, date of birth, SSN and a copy of a valid ID for the following individuals:

  • Each individual who owns 25% or more of the equity interest of the business.
  • The individual who has a significant responsibility for managing the business.
Authorized Signers

Each authorized signer will need to provide their name, address, social security number, birthday, and valid identification. Each authorized signer will need to sign the business application.

If you have questions please Contact Us

Save Time and Money
with Our Business Services

We understand that owning a business means you don't have a lot of free time. To help make your life and business run smoothly, we offer a variety of convenient services in a secure environment.

Free Online Banking

Securely conduct financial transactions or view your financial information from anywhere you can access the internet.

Remote Deposit Capture

Photograph your check with your Smartphone or Tablet and securely deposit it into the account of your choice.

Night Drop Box

Use our convenient night drop boxes to make deposits after hours and ensure that funds are kept secure.

Merchant Services

We've partnered with PowerPay to provide you with a service that allows you to accept credit card payments from your customers. Get started with EVO Payments now.

Business Insurance

Protect your employees and your assets with small business insurance. Vermont Federal can help you select the right business insurance coverage for your needs

Still Have Questions?

We would love to provide you with some clarity.