We offer a convenient Business Checking Account to small Sole Proprietor businesses. With a minimum share deposit, balance of $100 and an incredibly low monthly service charge of $10, a business checking account is perfect for the small business that meets the following criteria:
- Sole Proprietor or “Husband and Wife” type of business
- Account owner possesses a valid business licence
- A fictitious name document ~ required if the business name does not contain the member’s/account owner’s name in the title
- Documentation supporting the compliance of publishing their fictitious business name in the newspaper
Lassen County Federal Credit Union does not pay dividends on business or organizational accounts, supply cash or coin for business accounts or accept large quantities of coin. We are not able to accommodate businesses that regularly have a large volume of checks to deposit. A copy of the member’s business license will be kept on file at the credit union.