Set aside money for near-term expenses and long-term initiatives.
A financial cushion gives your business the flexibility to tackle challenges and take advantage of opportunities. At South Carolina Federal Credit Union, we make saving simple with an account that allows for easy transfers using digital banking tools and pays competitive dividends that grow your reserve funds.
- Easily transfer money to and from your savings.
- $10 minimum opening deposit.
- Three free withdrawals per month.*
- Maintain a low minimum balance to avoid fees.
- Dividends earned on accounts with an average daily balance of $150 or more.
- Insured up to $250,000.
All business entities will be required to provide information and documentation for the controlling party and for all owners of the business. A controlling party is an individual with significant responsibility for managing the legal entity.
Information required:
- Full name
- Address
- Date of birth
- Social Security Number
- Phone number
- Driver’s license number
- Driver’s license state
- Percentage of ownership, if applicable
- Primary occupation, if also an owner of the business
If the controlling party is not present at account opening, please provide a copy of their driver’s license or other ID card. If you have any questions, please contact us.
| Type of Entity | Forms of Identification |
| Sole Proprietorship |
Current picture ID and one of the following:
|
| Partnership |
Current picture ID and two of the following:
|
| Corporation or LLC |
Current picture ID and two of the following:
|
| Organization or Association |
Current picture ID and two of the following:
|
