Routing # 321076470

Business Banking

We provide a number of banking solutions to help your small business grow. Explore our customized products below to choose the right one for your business.

Low Monthly Fee

Business Checking

Help your business grow with the convenience of our worry-free Business Checking account.

Extra Benefits

Business Interest Checking

Enjoy the convenience of higher transaction limits with low monthly fees.

Earn Rewards

Business Rewards Card

Earn Rewards Points on your purchases and access extra security features, tools, and benefits to fit your business needs.

Avoid Extra Fees

Business Overdraft Protection

Ensure peace of mind and keep your business going with overdraft protection.

Accept Payments

Business Merchant Services

Everything your business needs — from hardware to software — to process credit or debit card payments.

No Monthly Fee

Business Savings

A convenient, secure account that helps your business grow— and gives you access to your money when you need it.

High-Yield Savings

Business Money Market

Get the most out of your Patelco Business relationship with a rate as high as 4.50% APY1

Small business banking benefits to help meet your goals

Mobile Banking Made Easy

Access your money and accounts almost anywhere with our Mobile App

Peace of Mind

Deposits are insured up to $250,000 (per account) by the NCUA

Online Convenience

Manage your accounts with Patelco Online™

Overdraft Protection

Say goodbye to fees and overdrawn checking accounts when you link certain accounts

How to open a business account
Our Virtual Branch team members are prepared to answer your questions and help you open a Patelco Business account. We’ve even created a Business Banking account checklist here that outlines the documentation you’ll need to establish business membership with us!

As required by law, our Virtual Branch team members will ask for names, addresses, taxpayer ID numbers and other information to help us identify your business and its owners.

Business Banking FAQs

  • To become a business member at Patelco Credit Union, the business must operate in one of our eligible counties or cities:


    • Alameda
    • Contra Costa
    • El Dorado
    • Marin
    • Merced
    • Napa
    • Placer
    • Sacramento
    • San Francisco
    • San Joaquin
    • San Mateo
    • Santa Clara
    • Solano
    • Sonoma
    • Stanislaus
    • Yolo


    • Bakersfield
    • Eureka
    • McKinleyville
    • SantaCruz

    Credit unions are typically not-for-profit organizations, so they often have lower fees and better interest rates than banks. Your money is also safe at a credit union: Deposits are insured by the National Credit Union Administration up to $250,000 per account.
    Credit unions like Patelco are also member-owned, so they tend to offer more personalized service and support. Patelco offers a wide range of small business accounts and services, including business checking and savings accounts, credit cards, overdraft protection and merchant services.

    It’s important to consider your business needs and budget before you open your small business account.
    Some things you should consider:

    • The types of transactions you will be making
    • The number of transactions you will be making each month
    • The amount of money you need to keep in your account
    • The features and services you need
    • The fees associated with the account

    A business account can lend credibility to your small business and opens your small business up to greater investment opportunities. It may also offer liability protection and make financial transactions easier. Finally, a separate business account can make it easier to manage your business finances and accounting.

    • Sole proprietorships, meaning an individual who operates and owns a business on their own.
    • General partnerships
    • Limited partnerships (LPs)
    • Limited Liability Partnerships (LLPs)
    • Limited Liability Companies (LLCs)
    • S Corporation
    • C Corporation
    • Incorporate Association
    • Unincorporated Association

    Here’s some of the information we’ll ask for:

    • The location of your business (physical and mailing address)
    • Tax Identification Number (TIN)
    • Business status – is it woman-owned or minority-owned?
    • Information about the owner(s) or person in charge, including full name, date of birth, Social Security Number, residential address, personal phone number, and valid ID
    • Business entity type (sole proprietorship, general partnership, Limited Partnership, etc.)

    We’ll also need additional documents based on the type of business you own. We’ll provide the list when you meet with Virtual Branch.
    We’ve created an easy to follow checklist that outlines what an individual must have in order to establish a business membership with Patelco.

1 APY=Annual Percentage Yield. Rates are effective as of 12/01/2023 and are subject to change before or after account opening without notice. Rates vary by tier and apply to the full balance.

The following variable interest rates will apply to your account balance: 4.50% APY on balances of $250,000.00 or greater, 4.00% APY on balances between $100,000.00 and $249,999.99, 3.51% APY on balances between $50,000.00 and $99,999.99, 3.00% APY on balances up to $49,999.99.

In order to attain higher interest rates the account must meet the eligibility requirements, that is a Patelco checking account (opened under the same Member Number). If the account fails to meet eligibility, the lower interest rate of 0.05% will be defaulted for that month.


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