Clearwater Credit Union

#0A2952

The largest CDFI and second largest credit union in Montana, Clearwater is a values-based, member-owned financial co-operative headquartered in Missoula, MT.

Business Banking Account - Clearwater CU

We're so pleased you've decided to become a member. To open an account, you'll need to meet the following criteria. <ul><li>Be at least 18 years old.</li> <li>Have a valid, government-issued photo ID such as a driver's license, state ID, passport, or permanent resident card.</li> <li>Meet our <a href='https://clearwatercreditunion.org/join/#amieligible' target='_blank'>membership qualifications</a>.</li> <li>Have a valid Tax ID Number or Employer Identification Number.</li> <li>If you are using a business name other than your legal name, have a registration of Assumed Business Name with the Montana Secretary of State.</li> <li>Deposit $5 into a Primary Savings Account to establish your membership.</li> <li>Read and accept <a href='http://www.clearwatercreditunion.org/files/2022/05/Clearwater-New-Member-Packet-Documentation.pdf' target='_blank'>account terms and conditions</a>. </li> </ul>

Terms and Conditions

Apply in 5 minutes or less.

Please enter the six-digit code that was sent to your email address.

Check Your Email for a Private Verification Code.

Business interests that serve the greater interest

Sole Proprietor Business Banking Account

Consumer Credit & ID Verification Federal law requires that we obtain, verify and record information that identifies each person who opens an account, including joint owners. Within this application, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. Approval of your application may be delayed or denied pending further verification of your identity.

Consumer Reports By submitting an application, you authorize Clearwater Credit Union to obtain a soft consumer credit inquiry to evaluate your creditworthiness so that you may be considered for other Clearwater products and services. This inquiry will not affect your credit score. You also authorize Clearwater to use this consumer inquiry for the purposes of evaluating the membership application, reviewing any Clearwater accounts you open and verifying your identity. We also reserve the right to obtain a full consumer credit report if necessary, to approve your membership application or application for certain products, such as a checking account. You understand these reports may be used in decisions to deny account applications, close accounts and/or restrict accounts or services.

By checking this box you agree to our <a href="https://clearwatercreditunion.org/privacy-security-policy/" target="_blank">Privacy Policy</a>.

Membership Eligibility

Street Address

Suite Number (Optional)

City

State

Zip Code

Where is your company located?

Let’s determine your company’s legal structure.

Company Structure

If you don't know your NAICS code, you can look it up <a href='https://www.naics.com/search/' target='_blank'>here</a>.

General Information

Declared Behavior

Nonresident Aliens and Foreign Individuals

Politically Exposed Persons

Internet Gambling

Marijuana-related Business

Professional Service Providers

Nonbank Financial Institutions (excluding MSB)

Money Service Businesses (MSB)

Charities and Non-Profit Organizations

Bulk Shipments of Currency

Third-Party Payment Processors

Privately-owned ATM

We found existing membership information on file for you. Would you like to use one of the memberships below?

Let's verify your identity

Please choose the accounts you wish to open today.

Which accounts would you like to open?

I agree to be contacted by Clearwater Credit Union via phone/text through my mobile number about application and account-related services.

Applicant Information

We use this information to verify your identity.

Apartment Number (Optional)

What’s your home address?

Identity Verification

Verifying your ID now helps expedite opening your account. This process can be securely completed with a webcam-equipped mobile device and only takes a few minutes.

You will need one of the following ID documents:<ul><li>Driver’s license</li><li>State ID</li><li>U.S. Passport</li></ul> Your ID’s information must match what has been provided in the application.

If you encounter problems with this system or would prefer to validate your ID later, please return to the previous step.

Let’s verify your identity.

We'll automatically add your specified, authorized representative as an authorized signer on your new account. If you'd like to designate additional authorized signers, you will need to provide their name, contact information, address, date of birth, and SSN in the next step. If you do not have the information available now, the authorized representative can add authorized signers at any time once the account is opened.

Authorized Signers

Add information for each individual you would like to add as an authorized signer on the account.

How much would you like to initially deposit?

A business savings account with a $5 initial deposit is required to establish your membership.

Initial Deposit

Log in to your existing bank to fund your new account.

Link your current bank account so we can wirelessly transfer funds as soon as your new account is opened.

By clicking "Link Account", you agree to our partner Plaid’s <a href="https://plaid.com/legal/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://plaid.com/legal/#consumers" target="_blank">Privacy Policy</a>.

Let’s link your bank account.

By clicking the "SUBMIT APPLICATION" button, you promise that everything you have stated in this application is true and correct to the best of your knowledge.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Under penalties of perjury, I certify that: 1) The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued) 2) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding 3) I am a U.S. person (including a U.S. resident alien).

We’re about done. Does everything look right?

Congratulations, your request for a new account has been received and is being processed. One final thing... in order to approve your application, we need a few documents from you to help establish your identity and the identity of your business. We’ll email you shortly with instructions on how you can upload these documents. Thanks for giving us the opportunity to partner with you in your financial goals. We look forward to serving you! If you have any questions or concerns, please feel free to contact us at 406-523-3300.

Your Application Is Being Processed!

Please reach out to <a href="mailto:loansales@nutmegstatefcu.org">CRB@clearwatercreditunion.org</a> to learn more about the CRB account application process.