Attention Members! Our new and improved website will be launching soon. Stay tuned for new conveniences.

Getting Started

At Members Exchange, your business is our business. We focus on developing lasting relationships with our business members. When you are ready to open a business account, please print out a list of required documents according to your business type.


BUSINESS PRIMARY SAVINGS – The first business account you open at Members Exchange is a primary savings account. Your initial deposit of $1.00 will remain in your business account as long as you are a member.

  • Establishes your Credit Union membership
  • Maintains your rights and privileges as a Credit Union business member
  • Ensures your eligibility to apply for all Credit Union business products and services

BUSINESS MONEY MARKET – Once your business savings account has been established, you then have the option of adding additional services. Maintain the liquidity of your deposits and realize a higher return with our business money market account.

  • Maximize interest earnings on liquid deposits without time restrictions
  • Tiered interest pays higher rates on larger balances
  • Money Market – minimum opening deposit of $2,500.00

SHARE CERTIFICATES – Lock in a fixed interest rate for a specified period of time and earn the highest rate of return on your investments. See our current rates for more information.

  • High return on your investment
  • $500 minimum deposit
  • Terms up to 5 years

e-BUSINESS CHECKING – Members Exchange offers the ultimate checking account to meet your business needs requiring only a $50 deposit to open.

Minimum Deposit to Open $50
Monthly Service Fee $10
Checks/Debit Items Cleared Free per Month 100
Per Check/Debit Fee Thereafter *ACH (Electronic) Transactions are Free 25¢
Per Deposit Items Free per Month 100
Per Deposit Item Fee Thereafter *ACH (Electronic) Transactions are Free 25¢
Cash Management (Sweep) Transfers Free per Month 10
Per (Sweep) Transfer Fee Thereafter $10
Earns Dividends Yes
Minimum Average Balance to earn APY $1,000

*To avoid monthly service fees, e-Business Checking Accounts must maintain an average daily balance of $1,000.00.

Click Here for a full list of fees associated with a Business Account.


Debit Card Free
Internet Banking Free
Mobile Banking Free
Telephone Banking Free
e-Statements Free (paper statements cost $5.00/month)
BizPay (online Bill Pay) $18.95/month first 6 mos. free


Mississippi Secretary of State

MS Business Formation – Information to help you start your business. Business entities include Corporations, Limited Liability Companies, Partnerships, etc..)

MS Forms and Filing Fees

Internal Revenue Service

Employer Identification Numbers (EIN) – An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. You may apply for an EIN in various ways, and now you may apply online through IRS. This is a free service offered by the Internal Revenue Service.

IRS – Tax Information for Businesses – Business topics include starting and closing a business, small business events, employment taxes, small business forms and publications, etc…

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