SF Fire Credit Union is proud to extend membership accounts to the business community in the Bay Area.
Business Products We Offer:
In order to meet eligibility requirements, the business or organization location must be in San Francisco, San Mateo or Marin counties. Note: an Individual Membership with a business located outside these counties is not eligible for a business membership.
Details about our Business Membership are outlined in the SF Fire Credit Union Business Membership and Account Handbook.
Opening an Account
Business memberships accounts cannot be opened online at this time. You must open an account in person at one of our branches.
Business Membership Requirement
Business membership in the Credit Union is open to sole proprietorships, general partnerships, limited liability partnerships (LLPs) limited liability companies (LLCs), corporations, and unincorporated associations such as school parent-teacher associations and sports leagues within the Credit Union’s field of membership.
Meeting any membership requirement set out in our bylaws makes your business an owner of the Credit Union, and entitles you to all of the rights and benefits of membership, including the right to apply for all accounts and credit products that we make available to businesses.
If your business is a sole proprietorship and you maintain a personal membership in the Credit Union, you will not receive additional voting rights. If your business is another type of entity, your business will receive one vote, which may be exercised by an authorized agent of your business. If you have any questions regarding eligibility, business documentation requirements, or any of our services, please call 1.888.499.FIRE (3473) for Business Membership Services.
You must provide us with the correct taxpayer identification number for your business, which will generally be a social security number or an employer identification number. It is your responsibility to determine the taxpayer identification number you should use for your Credit Union Business Accounts. We will not inquire as to the correctness of the number you supply, but if we are notified by the Internal Revenue Service that the number you are using is not correct, and you fail to rectify the situation, we can close your Business Accounts. If your business is not required to have a U.S. taxpayer identification number you must so indicate on your Business Application.
Your completion of a Business Application is a continuing authorization to us to open other Business Accounts for you upon your oral or written authorization and deposit of funds. The Credit Union reserves the right to deny membership and accounts for businesses that we determine pose unacceptable compliance, legal or reputational risk. For example, we do not open accounts for medical marijuana dispensaries, money service businesses, gambling establishments or adult entertainment businesses.
Savings and checking accounts are available to organizations and businesses. To establish an organization or business account, you must provide documentation of your organization. For-profit and non-profit corporations, limited liability companies and limited partnerships must provide certified copies of their articles of incorporation, articles of organization or limited partnership certificates. Other types of entities must provide the documents that establish their organizations, if any. If your organization (such as a bowling team or a scout troop) does not have formal organizational documents, a statement by a sponsoring individual Member will be required. Any individual, general partnership, corporation or other type of business entity that does business under a fictitious business name must provide a copy of its current fictitious business name statement. All businesses must also provide copies of their business licenses if required by the location in which the business operates.