– Entity in good standing with Secretary of State

– EIN number with IRS

– Business address- matching everywhere.

– D&B number

– Business License- if applicable

– Business Bank account

– PG is required

– Trade reference

– Business Account Card Authorization Designation Form

– At least 3 years in the business

– Must have a personal consumer account with BCU in order to be eligible for a business account

– New Business Account Addendum

– Wire Transfer Authorization

– A minimum of 2 years of business tax returns are required for Credit Card and Vehicle Loan applications and 3 years of business tax returns will be required for all other business loan applications.

BCU membership eligibility* is based on one or more of the following qualifying criteria:

– Employment-based eligibility:

You are a permanent, temporary or contract employee of one of the several elite employer groups offering the Credit Union’s services as a valuable employee benefit.

– Community-based eligibility:

You live or work in one of six local community charter counties: Lake, McHenry, DuPage, Kane or Cook (north of 95th Street on the south side of Chicago) County in Illinois, or Kenosha County in Wisconsin.

– Business must be located in the Community Charter area or 51% of the business owners must be eligible for membership.

– Opening a regular share account is required for members.

– Non-Profit Organizations will need to be in the Community Charter to be eligible for a business account.

– You are the immediate or extended qualifying family of an existing member related by blood, marriage, fostering or adoption. Eligible family members include: spouses, parents, children, siblings, domestic partners, grandchildren, grandparents, aunts, uncles, nieces, nephews, and cousins.

To Apply: Online and email it to Business.Services@BCU.org or fax to 847-932-8053.

Terms: Net 50 or Revolving