Business Savings
Open with $1 minimum deposit, earn dividends, with no monthly maintenance fee.1
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Premium Business Saver
Partner your Business Checking with a Premium Business Saver account to earn:
- 4.00% APY* on balances $5,000,000 and over
- 2.50% APY* on balances between $100,000 - $4,999,999
- 0.13% APY* on balances under $100,000
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Business Money Market Accounts
Offers tiered dividend rates based on your balance, no minimum deposits required.2
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Certificates
Perfect for long-term goals, $1,000 minimum balance to open, you select the term.3
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Contact Us
The legal structure of your company will determine the documentation you’ll need to open your business accounts. We’ll walk you through the necessary paperwork to open an account for your business structure.
You may be asked to complete the following:
- Business Membership Application
- Member Information Form
- Beneficial Ownership Form
- Business Account Checklist
Corporations, Limited Liability Companies, Partnerships and Sole Proprietorships will need to provide:
- Tax Identification Number
- Social Security Number (for each authorized signor)
- Valid picture identification for all signers (Driver's License, Passport)
- Articles of Incorporation, Organization, or Partnership Agreement
- Corporate Resolution
- Business License, if applicable
- Doing Business As (DBA), if applicable
If you have questions, please contact us:
- Email: business@nwfcu.org
- Phone: 703-709-8900 x4482
*APY= Annual Percentage Yield current as of 4/3/2023 and is subject to change without notice. Fees may reduce earnings on account. Rates are variable and may change after account is opened. A Premium Business Saver account requires a Primary Business Savings account and either a Basic Business Checking or Business Dividend Checking account. Premium Business Saver accounts with balances $5,000,000 and over will earn 4.00% APY; balances between $100,000 and $4,999,999 will earn 2.50% APY; and balances under $100,000 will earn 0.13% APY.
1 Dividends are compounded daily and paid monthly.
2 Dividends are compounded daily from the date of deposit to the date of withdrawal and are credited to your account monthly. The Money Market Account is a non-transaction account and as such you may make up to six (6) preauthorized, automatic, telephonic, or audio response transfers or withdrawals by check, debit card or similar order to another account of yours or to a third party during any calendar month.
3 Business Certificates are not eligible for dividend rate bonuses.
View Business Agreement and Disclosure & Business Schedule of Fees.