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Savings plans to help grow your business.

Business Savings
Business Savings Accounts

Open the door to our suite of business products and services. We deliver valuable benefits to help you run a profitable business efficiently.

Truliant can help you achieve your goals. We provide the products and services needed to strengthen your finances and improve your business. Visit one of our branches to open a business savings account and learn more.

 

Business Savings Options

At Truliant, we believe that when it comes to savings for your business, you should have options. This is why we offer two types of savings accounts to help you create a financial cushion for your business.

Business Savings

When beginning your business journey with us, your road begins with opening your Business Savings account. This account opens the door of your Truliant business membership.

  • $5 minimum opening deposit and balance
  • No monthly service charges
  • Includes competitive dividends with interest posted monthly
  • Convenient access to manage your account through Digital Banking or calling us
  • Unlimited ATM withdrawals, loan payments or over-the-counter withdrawals

Business Money Market Accounts

When you're looking for an emergency fund for your business, money market accounts delivers higher tiered rates than other savings options while providing access to your funds whenever you may need them.

  • $2,500 minimum opening deposit required1
  • Tiered dividends with interest posted monthly
  • Unlimited withdrawals (including ATMs) and checking writing per month
  • The minimum daily balance is required to earn the listed rate
  • No monthly maintenance fee
  • Convenient access to manage your account through Digital Banking or calling us
 

Additional Questions and Answers

What documentation is needed to open a business account?

To open any Truliant business account, your first step is to open a Business Savings account with a $5 deposit. Then you're free to open other business accounts once you meet their respective account minimums and requirements.

When opening your new business account, we may ask for more information than a standard Membership Savings account. Below is a sample of some of the information and documentation you will need to bring with you when opening a business account.

Business Information to Provide

  • Name
  • Address (mailing and physical)
  • Phone number
  • Fax number
  • Email address
  • Tax Identification (ID)
  • Nature of your business

Each Business Owner and Authorized Signers Information*

All owners and authorized signers of business must be present at account opening.

  • Name
  • Address (mailing and physical)
  • Date of birth
  • Social Security Number (SSN)
  • Primary (e.g. driver license, passport, or state ID) and secondary identification

Based on the legal structure of your business, additional information will be needed to become a business member.

*Unlawful Internet Gambling and Other Illegal Activities: You agree that you are not engaged in unlawful internet gambling or any other illegal activity. You agree that you will not use any of your accounts, access devices, or services for unlawful internet gambling or other illegal activities. We may terminate your account relationship if you engage in unlawful internet gambling or other illegal activities.

Sole Proprietors

All owners/authorized signers of business must be present at account opening.

Corporations

  • EIN (Employer Identification Number) may be used as the Tax ID
  • Articles of Incorporation as filed with and stamped by the Secretary of State or the appropriate state official
  • Fictitious Name Certificate or Certificate of Trade Name (if doing business under another name other than the corporate name)
  • If a professional corporation, a Certificate of Registration from the appropriate licensing board (i.e. doctor, attorney)
  • A beneficial owner(s) form 

Limited Liability Company (LLC)

  • EIN (Employer Identification Number) may be used as the Tax ID (If only one owner of LLC, may use owner’s SSN.)
  • Articles of Organization as filed with and stamped by the Secretary of State or the appropriate state official
  • Operating Agreement if more than one owner
  • Fictitious Name Certificate or Certificate of Trade Name (if doing business under another name other than the LLC’s name)
  • If a professional corporation, a Certificate of Registration from the appropriate licensing board (i.e. doctor, attorney)
  • A beneficial owner(s) form 

Partnerships

Limited Partnerships

Limited Liability Partnerships (LLP)

  • EIN (Employer Identification Number) may be used as the Tax ID
  • Statement of qualification of Limited Liability Election form or Certificate of Limited Liability Partnership or Certificate of Registration as filed with and stamped by the appropriate state official
  • A beneficial owner(s) form
 
(1) Truliant Business Money Market accounts require a $2,500 minimum balance. If the daily account balance falls below the minimum, a $20 monthly maintenance fee may be charged. Also, the minimum daily balance must be maintained in order to obtain the disclosed annual percentage yield.