[{SCHOOL AND NON-PROFIT}]School Association & Non-Profit Accounts

  • No Monthly Service Fees

  • No Deposit Item Limits

  • Low, $25.00 minimum Checking Account balance required

  • Low, $5.00 Savings minimum Account balance required

  • Debit Card

[{Opening Account}]Opening an Account is Easy

Simply bring / supply the following when you’re ready to open your account:

  • Valid ID for ALL Signers

  • The organization’s Taxpayer Identification Number (or Employer ID Number – EIN).  If you don’t have one yet, you will need to do this through the IRS

  • Resolution of Lodge, Association or other similar organization - An in-house form which authorizes the credit union to open the account.  One or two of its elected officials or representatives can sign the resolution

  • By-Laws – A charter which outlines the purpose of the organization.  If not available, obtain a letter of purpose

  • The Latest Minutes – Obtain the organization’s latest minutes that lists current officers

*School Association & Non-Profit Accounts are only available for non-profit and school association organizations able to provide the requested documentation. These accounts are not eligible for overdraft privilege, do not earn dividends, and are not eligible for lending products, such as credit cards. Normal penalties apply. See a CFFCU representative for full details.