Business Savings
Establish your TAPCO business membership with ease.
Benefits of a Business Account
Start your TAPCO business journey with a Business Savings Account. A $25 deposit establishes your membership, with no fees or minimums. From there, you can add checking, credit, and loan options to support your growth.
Our online banking platform exports Quicken and Quickbooks formats, keeping your business running smoothly
Skip the fees and keep more for your business.
Stop by a branch at your convenience
Opening a business account gives you access to borrow and level up your business with a team that cares.
Let’s Grow Your Business, Together
Partner with a credit union that puts your goals first. From smart financing to everyday banking tools, we’re ready to help your business thrive.
To open a business account, you will need to bring the following to a TAPCO branch. Please note there are some differences in requirements between business types, refer to the checklist that pertains to you for complete details.
- All account signers must be present in person
- Government-issued photo ID for each signer
- Business Tax Identification Number (EIN)*
- Minimum Opening Deposit
- $25 for Savings
- $5 for Checking
- Active Business License
- Completed TAPCO Forms:
- Business Account Application
- Business Account Questionnaire
- Resolution & Account Agreement (specific form depends on business type)
*Sole proprietors may use their Social Security Number (SSN) instead of an Employer Identification Number (EIN) when opening an account, if they file their business taxes under their SSN.
Please refer to the checklists below for your business.
If your business is in Washington state, then you qualify.
Business Types Not Eligible for Business Membership
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Online gambling operations
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Cannabis-related businesses
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Money service providers (e.g., payday lenders, check cashing services)
You can enjoy your TAPCO Basic Business Checking account with no monthly fee by meeting any one of the following conditions:
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You maintain an average monthly balance of $5,000 or more in your business checking account
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You enroll for Merchant Services through TAPCO
- Your business is a registered 501(c)(3)
If you don’t meet one of these conditions, there is a $10 monthly fee for Basic Business Checking.
TAPCO does not currently offer SBA loans. However, we do provide Business Equipment Loans with flexible terms and competitive rates. Our local lending team will work with you to create a tailored solution that fits your business needs.
