Become a part-owner of TruWest

Become a member with a small $5 deposit

Find Your Nearest Branch

Why TruWest

Member and Part-Owner

Business Share Savings

What does it mean to be part-owner of our credit union? It means that since we have no shareholders, profits and savings go back to you. With a Business Share Savings Account, you’ll gain access to our full suite of business products and plenty of money-saving benefits along the way.

To open a business membership, visit your nearest TruWest branch or call (855) 878-9378.

  • High dividends
  • No monthly service fee
  • 3 free withdrawals per month
  • eDeposit for multiple checks
  • Referral rewards1

Rates & Fees

for Business share savings

Business Share Savings

Effective as of March 1, 2017
*A minimum $5 Balance in Share Savings is required to be eligible for other services.
**APY=Annual Percentage Yield. APYs are based on monthly compounding. APYs are subject to change. Fees could reduce earnings. Call 1 (855) 878-9378 for terms and conditions.

FAQs

Frequently Asked Questions
  • What documents do I need to open a membership for my corporation, non-profit or professional corporation (PC)?
    Answer:

    For corporation, non-profit and PC business memberships, the business title must include one of the following: Inc., Corp., Ltd., Incorporated, Corporation or Limited.

     

    Documents needed to open the account include:

     

    Evidence of Existence: Articles of Incorporation or Certificate of Formation stamped by the Secretary of State.

     

    Corporate Resolution or Minutes from Board of Directors Meeting: Names and titles of officers must be listed and authorize the opening of the account; if applicable, it must be signed by the secretary of the corporation.

     

    Two Forms of Personal Identification: For all authorized signers.

     

    Fictitious Name Statement: If applicable.

     

    Corporate EIN Number and Documentation

     

    Non-Profit Status
    State Massage License: If applicable.

     

    Determination from the IRS: Applicable to non-profits only (churches are exempt); organizations must apply through the IRS, which will send a determination letter stating that the organization has qualified for non-profit status.

  • What documents do I need to open a membership for my limited liability company?
    Answer:

    For limited liability company business memberships, the business title must include one of the following: Limited Liability Company, Limited Company, LLC or LC.

     

    Documents needed to open the account include:

     

    Articles of Organization (AZ) or Certificate of Formation (TX)
    Operating Agreement

     

    Resolutions: Signed by all members or by a managing member.

     

    Two Forms of Personal Identification: For all authorized signers.

     

    EIN for LLC and Documentation

     

    State Massage License: If applicable.

  • What documents do I need to open a membership for my sole proprietorship (DBA)?
    Answer:

    For sole proprietorship business memberships, the business title must include one of the following:

    DBA following the business name if the TIN is used, or DBA followed by the business name if the EIN is used.

     

    If the sole proprietorship involves joint owners such as a husband and wife, the title must include: joint names followed by DBA if the TIN is used, or DBA followed by the joint names if the EIN is used.

     

    Documents needed to open the account include:

     

    Evidence of Existence:

     

    DBA, Assumed Name or Trade Name Certificates

     

    Two Forms of Personal Identification: For all authorized signers.

     

    EIN or TIN and Documentation

  • What documents do I need to open a membership for my partnership?
    Answer:

    There are three types of partnerships: general, limited and limited liability. Each type has different documentation requirements.

     

    General partnerships only require the name in the title, along with the following documentation:

     

    Partnership Agreement: If this agreement is not available, Evidence of Existence such as a DBA, Assumed Name or Trade Name Certificate is also acceptable.

     

    Resolutions: Signed by all partners.

     

    EIN for Partnership and Documentation

     

    Two Forms of Personal Identification: For all authorized signers.

     

    State Massage License: If applicable.

     

    Limited partnerships must include Limited Partnership in the title, along with the following documentation:

     

    Certificate of Limited Partnership (AZ) or Certificate of Formation (TX)
    Partnership Agreement: If available.

     

    Resolutions: Signed by all partners.

     

    EIN for Partnership and Documentation

     

    Two Forms of Personal Identification: For all authorized signers.

     

    State Massage License: If applicable.

     

    Limited liability partnerships must include Limited Liability Partnership or LLP in the title, along with the following documentation:

     

    Limited Liability Partnership Amendment to Certificate (AZ) or Limited Liability Partnership Registration (TX)
    Partnership Agreement: If available.

     

    Resolutions: Signed by all partners.

     

    EIN for Partnership and Documentation

     

    Two Forms of Personal Identification: For all authorized signers.

     

    State Massage License: If applicable.

  • What documents do I need to open a membership for my club or unincorporated association?
    Answer:

    Club and unincorporated associations include civic organizations, trade associations, labor organizations, recreational clubs and other similar types or organizations.

     

     

    Clubs and unincorporated associations only require the name in the title, along with the following documentation:

     

     

    Resolutions: Including authority of representatives.

     

    Two Forms of Personal Identification: For all authorized signers.

     

    EIN of Organization or Club and Documentation

     

    State Massage License: If applicable.

Next Steps

As easy as 1, 2, 3

Opening a Business Account

Depending on your business, there are a number of required documents needed to open an account. See the Business Share Savings FAQs for a full list.

If you are ready to apply for a Business Share Savings Account, visit your nearest branch, or call us at (855) 878-9378.

[gravityform id="1" title="true" description="true"]

1 Offer valid 1/1/17 to 12/31/17 and subject to change without notice. Referred and referring members must be at least 13 years of age. The referred member must open a membership, an online banking account and at least one qualified account between 1/1/17 and 12/31/17 for both members to receive the $50 payout. Qualified accounts include: Auto and Recreational Vehicle loans, Choice Checking, Visa® credit card, business checking or loan, CD, IRA or money market.Referred member must meet account and membership eligibility requirements. A minimum deposit of $5 is required to become a member. The referred and referring members cannot begin memberships on the same day. Referral process must be completed in online banking using a referral code. Referrals limited to five (5) per member, per calendar year. An individual cannot be referred more than once, even if they open multiple memberships. Only the first membership opened is eligible for a payout.


General 2

Test message

Join

Leaving Our Site

You are leaving the TruWest website. TruWest provides links to external sites for the convenience of its members. By clicking "Continue" you will be directed to an external website owned and operated by a third party. These external websites are not controlled by TruWest and TruWest makes no representation or warranty, express or implied, to the user concerning the information, content, presentation, accuracy or opinion of these sites or the quality, safety, or suitability of any software found on these sites. The privacy policies of TruWest do not apply to external sites and users should consult the privacy policies on these sites for further information. Thank you for visiting the TruWest website.