At DFCU, we understand business and empower our members to make sound financial decisions, improve planning, and avoid costly mistakes.
- Assess your current banking needs. Stop by any of our locations and we will assess your current banking needs, match your business's needs to a DFCU business deposit solution and answer your questions about switching your business accounts to us.
- Gather documentation. Please have the documents needed to open your business deposit account based on the legal type of business you operate:
- Open your account(s). Forms and signatures are a necessary part of the account opening process. All owners of the business must sign the Business Resolution and a Business Membership Application (forms below).
- Signature verification is required for all signers on the account, i.e., copy of valid driver's license, etc.
- The business must reside or be located within Michigan's lower peninsula or in one of the approved counties in Florida. If the business is not located within our field of membership, eligibility will be determined by the owners, where more than 50% of your business owners must qualify to be a member at DFCU Financial.
- Business Non Member Record
- Switch to us--here's how. If you are moving your banking relationship from another financial institution, our representatives will help you determine which business accounts and services best meet your small business's banking needs. During our initial conversation, we'll explain how to use your DFCU Financial business accounts to your company's advantage in the future.
We'll work with you to identify automatic payments transferred from your existing business account(s) and provide you with the necessary letters to make the transition to DFCU.
We'll generate a letter for you to submit to your current financial institution to close your existing business account(s). Start to finish, we're here to guide you through the steps necessary to complete the switch:
- Updating account information on websites you use often
- Switching online bill-pay service, if applicable
- Changing recurring transactions linked to an existing debit card
- Business Switch Kit Checklist
We're here to help and answer your questions.
If you have questions any time throughout the process, please contact your local DFCU Financial Branch at 888.336.2700 or your DFCU Member Relationship Representative's direct line.