Let’s Get Down to Business
Open an account at a branch near you
Your business matters at Keesler Federal
Investing in your business is an investment in you. At Keesler Federal, investing in your business is also an investment in our community. When your business thrives, our community thrives. Let’s work together to grow together.
Business Savings Accounts
Need a secure place to store your hard-earned money? Take advantage of our basic business savings accounts.
Want higher dividends? Our business money market accounts and share certificates just might be the ticket.
Compare your savings options
Business Checking Accounts
If you’re looking for a no-frills account to help you manage your everyday finances, our basic business checking account has you covered.
Want to earn dividends on your checking account balance? We can help with that, too.
Compare your checking options
Great service! We came with a complicated transaction, and were met with friendly, cheerful, prompt, professional service.
— Barbara S., Gulfport, MS
Compare Your Business Savings Options
Best if you want to:
Best if you want to:
Opening deposit
Opening deposit
Minimum daily balance
Minimum daily balance
Access to funds
Access to funds
Dividends
Dividends
Business Primary Share
Best if you want to:
Earn your business a membership share in the credit union.
Opening deposit
$5
Minimum daily balance
$5
Access to funds
Up to 6 electronic withdrawals per month
Dividends
Compounded quarterly
Business Savers
Best if you want to:
Take advantage of a free, no-fuss savings account.
Opening deposit
$0
Minimum daily balance
$0
Access to funds
Up to 6 electronic withdrawals per month
Dividends
Compounded quarterly
Business Money Market
Best if you want to:
Earn higher dividends with easy access to your funds.
Opening deposit
$2,500
Minimum daily balance
$2,500
Access to funds
Up to 6 electronic withdrawals per month
Dividends
Compounded monthly
Business Share Certificates
Best if you want to:
Secure your savings and maximize your dividends.
Opening deposit
$1,000 for a Business Share Certificate; $100,000 for a Jumbo Share Certificate
Minimum daily balance
$1,000 for a Business Share Certificate; $100,000 for a Jumbo Share Certificate
Access to funds
Six-month and 12-month terms available
Dividends
Compounded quarterly
Open an account at a branch near you
Compare Your Business Checking Options
Best if you want:
Best if you want:
Opening deposit
Opening deposit
Minimum daily balance
Minimum daily balance
Monthly service charge
Monthly service charge
Transaction fees
Transaction fees
Dividends
Dividends
Basic Business Checking
Best if you want:
A no-frills checking account to help you manage your everyday finances.
Opening deposit
$25
Minimum daily balance
None
Monthly service charge
None
Transaction fees
The first 225 items paid or deposited per statement cycle are free, with a charge of 25¢ per exceeded item
Dividends
None
Smart Business Checking
Best if you want:
To earn dividends on your checking balance and you expect to maintain higher balance levels.
Opening deposit
$25
Minimum daily balance
$2,500 average daily balance requirement to avoid $10 monthly service charge
Monthly service charge
$10 if daily balance falls below $2,500
Transaction fees
The first 350 items paid or deposited per statement cycle are free, with a charge of 25¢ per exceeded item
Dividends
Compounded monthly
Open an Account at a Branch Near You
Own a Law Practice? Open an IOLTA (Interest on Lawyers Trust Account)
Keesler Federal is a partner financial institution in the Mississippi Bar Foundation’s IOLTA program, specifically designed for attorneys and law firms. You get an interest-bearing checking account to hold short-term or nominal client funds, and dividends are sent to the Mississippi Bar Foundation to support public legal programs.
- No monthly service charge
- Free online/mobile/bill pay account access
- Minimum opening deposits are $5 for Primary Share and $25 for Smart Checking
IOLTAs are exclusively available at the Downtown Gulfport and Pass Road branches. For more information, please call 1-888-533-7537.
Business Checking & Savings FAQs
Association
- Proof of Tax ID Number (Business entity must apply for this through the IRS before requesting to open an account)
- Copy of Charter, Bylaws, or Articles of Organization
- Specific Letter of Request from the Association
- Minutes from most recent meeting to identify officers, title and nature of Organization signed by standing officer(s) or secretary. (Case by case)
- Reference this document to confirm responsible individuals that have authority to open deposit accounts for this business.
- Specific Letter of Request if minutes do not state account to be opened at Keesler Federal Credit Union from the Association listing who is to be on the account and privileges.
Non-profit Corporation
- Proof of Tax ID Number
- Secretary of State Website – Certificate of Good Standing
- Corporate Resolution or Minutes from Corporate Meeting (must be signed by Corp Secretary or next in line/ other officer) prefer two signatures
- Reference this document to confirm responsible individuals that have authority to open deposit accounts for this business.
- Specific Letter of Request if minutes do not state account to be opened at Keesler Federal Credit Union from the Association listing who is to be on the account and privileges.
Important: Non-profit corporations are to be opened as corporations with no beneficial owners.
Corporation or S Corporation
- Proof of Tax ID Number
- Secretary of State Website – Certificate of Good Standing
- Corporate Resolution or Minutes from Corporate Meeting (must be signed by Corp Secretary or next in line/ other officer prefer two signatures)
- Reference this document to confirm responsible individuals that have authority to open deposit accounts for this business.
- Specific Letter of Request if minutes do not state account to be opened at Keesler Federal Credit Union from the Association listing who is to be on the account and privileges.
Sole Proprietor
- Proof of Tax ID Number (if not using own SSN)
- Business License (Privilege tax license)
LLC
- Proof of Tax ID Number
- Secretary of State Website – Certificate of Good Standing
- LLC Operating Agreement
Partnership
- Proof of Tax ID Number
- Secretary of State Website – Certificate of Good Standing
- Copy of Partnership Agreement
NOTE: Keesler Federal reserves the right to decline an application for a new account based on a risk determination.
*Handwritten legal documents will not be accepted.
Print This Account Checklist
The business owner does not need to be a member in order for the business to open an account at Keesler Federal; however, each of the business owners need to be within our field of membership. We believe that most business owners will open their personal accounts at the credit union once they see the value of the products and the services that we offer.
Business services may be extended to members who are within our field of membership and in any area where we have a branch location.
We do not offer business services in the U.K.
You can make business deposits via mail, by visiting any of the Keesler Federal’s branch locations, or through ACH. Cash, cashier’s checks and valid negotiable checks will be credited immediately to the account. You cannot deposit money to a business account via an ATM machine or at shared branching outlets.
Open Your Business Account Today
Call us
(888)533-7537 ext 3900
Visit us
Find your nearest branch
Email us
[emailprotected]
