Business Accounts That Work With You

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

Banking from people who live and work where you do

Our local team knows your customers, understands the Vermont economy, and are invested in your long-term success. Work with a local team that provides one-on-one guidance, quick decisions, and banking designed around how Vermont businesses really run.

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Checking Accounts

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Money Markets

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Term Share Certificates

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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

Get Started with Business Checking

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
  • Unlimited electronic or preauthorized transfers.

 

Open a Business Account Today

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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)

Grow Your Business Capital

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.

Corporations

  • 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)

Partnerships

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

Ownership

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

Local Business Services Built for Sustainable Growth

Vermont Federal
Merchant Services

Power your day‑to‑day operations with an integrated merchant services platform from Vermont Federal Credit Union and Clover. Accept payments, manage inventory, and monitor sales performance from a single, intuitive system all backed by the guidance and support of local Vermont business experts.

Learn More

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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.

 

We're In The Vermont Business

Our Local Vermont Team is here to help your business thrive.