Business Checking

The necessary documents depend on your business structure (e.g., LLC, Corporation, Sole Proprietorship, Nonprofit). In general, you will need:
  • Completed Business Membership & Account Card
  • Employer Identification Number (EIN)
  • Governing Documents (e.g., Articles of Incorporation/Organization, Partnership Agreement, Corporate Resolution)
  • Two forms of government-issued ID for all authorized signers (Driver's License or State ID, and Social Security Card).
Trailhead Credit Union serves businesses and individuals within the local community. To be eligible, your business or nonprofit must be located or operated by a member who lives, works, worships, or attends school in Multnomah County, Oregon.
  • Business Checking: Best for growing businesses and sole proprietorships. It has a low monthly fee that is easily waived, and you receive the 0.25% Certificate Account rate bump when you bundle it with a Trailhead Business Credit Card.
  • Nonprofit Checking: Designed specifically for nonprofits to maximize savings. It features no monthly maintenance fee, and the 0.25% Certificate Account rate bump is automatically included without needing the Business Credit Card bundle.
Yes, both the Business Checking and Nonprofit Checking accounts are interest-bearing. They earn a competitive rate on the entire checking balance. Please see our Business Rate Sheet for current rates.
The minimum opening deposit for both the Business Checking and Nonprofit Checking accounts is a low $25.
No, there are not any per transaction fees.  Please see our Business Fee Schedule for a full list of account related fees.