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CP Federal Credit Union offers a variety of savings solutions to meet the needs of businesses throughout the Mid-Michigan area:

This straightforward savings account can help put your business in a position to take advantage of opportunities when they arise. Receive a competitive rate and access to your funds when needed.

  • Competitive dividends on entire balance
  • Dividend computed on average daily balance, paid monthly
  • Maintaining this account gives full access to credit union benefits
  • Nationwide surcharge-free ATM network
  • Can be used as overdraft protection
  • Free online banking
  • Free eStatements available
  • $5 minimum deposit to open
  • $5 minimum balance to remain open
  • One-time $1 membership fee

Improve your earnings without risking any of your company's cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. By laddering maturity dates, you can add liquidity to your certificate investments.

  • Earn greater dividends than savings
  • Share Certificate rates well above the national average
  • Rate locked for length of term
  • Terms from 3 months to 5 years
  • Penalty for early withdrawal
  • Flexible options at maturity
  • Can ladder share certificates to increase liquidity
  • Funds federally insured just like savings accounts
  • Only $500 minimum to open share certificate
  • Enjoy flexibility with enhanced access to funds
  • Greater earnings than regular savings accounts
  • Competitive, tiered rates based on minimum balance
  • Dividends computed daily, compounded monthly
  • No monthly service fee
  • Higher balances earn higher rates
  • Make deposits at any time or set up direct deposit
  • Unlimited withdrawals when made in person*
  • Free online banking
  • Free mobile banking
  • Free eStatements available
  • Federally insured by NCUA up to $250,000

Interested in opening a business account with us? We'll make it easy for you! Check out all of the items you will need to bring with you when you come to open your account.

There is a minimum $25 deposit required when opening a Business Checking or Neighborhood Checking account.

DBA Sole Proprietorship

  • Certified business registration certificate
  • Proof of EIN or social security number

Need to register your business in Ingham County? Click here to learn more. 

Need to register your business in Jackson County? Click here to learn more.

Need to register your business in Washtenaw County? Click here to learn more.

DBA Partnership

  • Business registration certificate
  • Partnership papers
  • Proof of EIN

Need to register your business in Ingham County? Click here to learn more. 

Need to register your business in Jackson County? Click here to learn more.

Need to register your business in Washtenaw County? Click here to learn more.

Corporation

  • Articles of incorporation (complete package)
  • Proof of EIN

State of Michigan Business Registration for LLC's and Corporations

Limited Liability Company (LLC)

  • Articles of organization
  • Operation agreement
  • Proof of EIN

State of Michigan Business Registration for LLC's and Corporations

Non-Profit

  • Articles of incorporation
  • And/or a copy of minutes from their meeting stating who the officers are
  • Proof of EIN

Club Accounts

  • Copy of bylaws
  • And/or copy of minutes from their meeting stating who the officers are
  • Proof of EIN

Links

Minimum $25 deposit required when opening account. Some restrictions may apply.