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Becoming a Business Member
Businesses are eligible to open an account at Cedar Point Federal Credit Union if they regularly conduct business in St. Mary's, Calvert or Charles Counties in Maryland.
To open an account, please see a Member Service Representative at any of our six branches.
Please bring the appropriate information and documents with you. Download this convenient checklist to make sure you bring everything you need.
DOWNLOAD THE CHECKLIST.
Savings Account
When you become a business member, a basic savings account comes with your Cedar Point membership. You may open additional savings accounts at any time.
- Minimum opening balance of $5.00
- No monthly fee
- Dividends issued quarterly with an average daily balance of at least $100
- Mailed or electronic statement
Checking Account
For swift access to your money, your business will be eligible for a checking account. Cedar Point business members can use a debit card to make purchases, write checks, and withdraw money at a branch or ATM.
- No minimum balance requirement
- No monthly fee
- Dividends issues quarterly with an average daily balance of at least $500
- Mailed or electronic statements
While the rate and fee structure of business accounts is similar to our individual accounts, there are some differences. Please be sure to read the appropriate disclosures.
Business Disclosures
Please feel free to download and read the following disclosures for business accounts.
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