Business Accounts

To open a SECNY Business Account, you must provide the following documentation:

Type	Sole Proprietor	Organization	Partnership	Corporation
In addition to this information, we must obtain the Driver's License and Social Security Number of the person(s) opening the account.
ID & SS card	Personal	Personal	Personal	Personal
IRS reporting	TIN/SSN	TIN/SSN	TIN	TIN
Need copy of Authorized Signers Documentation	d/b/a paperwork or business license	TIN used – copy of minutes authorizing signers SSN used – personal account should be opened	Partnership agreement; section naming specific partners	Corporate resolution or certificate of incorporation

Savings Accounts

When you join SECNY, a regular share/savings account is opened for you. Your savings are called "shares" because they represent shares of ownership. A minimum balance of $5 must be maintained to keep the account open.

Savings Account Types:

Regular Share Account

A savings account that allows you to earn interest (with a minimum $100 balance).

Club Accounts

Specialized savings accounts designed to fit your needs. Accounts may be opened to save for Christmas, vacations, etc.

Certificate Accounts

A range of certificates that allow you to invest for short or long term earnings.

Individual Retirement Accounts

Secure your retirement funds in an open IRA activity account or IRA/Certificate. Check online, call, or stop by the Credit Union for current rates.

Checking Accounts

Business Checking Details
*Overdraft Protection available, contact SECNY for details.
Minimum Balance to Open	$25.00
Monthly Service Charge	$10.00
FREE Account Features	Virtual Branch Business Online Virtual Branch Business Online Bill Pay E-Statements SECNY Business Debit Card Night Depository Images of your cleared checks through Virtual Branch (w/Quickbooks Interface available) Audio Response Account Access by Phone First order of checks (select style only-see SECNY for details) Access to 43,000+SURCHARGE-FREE ATMs Nationwide (w/Debit Card)!
Courtesy Pay Service (available after 90 days of positive activity for qualified accounts)	Up to $750.00 (for qualified accounts-$26 fee per item)

CASH MANAGEMENT/MONEY MARKET ACCOUNTS

Earn a higher rate of interest and have check writing privileges by maintaining a minimum average daily balance in your account for the entire month. Click here for current rates.