Make your company’s earnings work as hard as you do—earn tiered quarterly dividends that take business savings to the next level.

 
A Business Savings share account is the first step to setting up your small or commercial business account with Pelican. Once you open one, you can open a business checking, utilize our business services, and apply for business credit cards and loans!

  • Competitive dividends on balances $100 and up, credited quarterly
  • Tiered earnings; higher rates for larger balances
  • No monthly service fee
  • Low $100 minimum deposit to open
  • No minimum balance to maintain account
  • Three free withdrawals per month; just $5 each thereafter
  • Free online and mobile banking
Check out our current rates, and fill out the form below to get started today.

Documentation Requirements

Sole Proprietorship  
✓
Business/Occupational License (if applicable)
✓
Social Security Number or EIN paperwork From IRS
✓
2 forms of valid ID*
Limited Liability Company (LLC)  
✓
Operating Agreement (3 or more owners)
✓
Social Security Number or EIN paperwork From IRS
✓
2 forms of valid ID*
Corporation/Non-Profit Corporation  
✓
Meetings Minutes
✓
EIN paperwork From IRS
✓
2 forms of valid ID*
Partnership (General, Limited or LLP)  
✓
Partnership Agreement (3 or more owners)
✓
EIN paperwork From IRS
✓
2 forms of valid ID*
Non-Profit Organization (Formal)  
✓
Meetings Minutes
✓
EIN paperwork From IRS
✓
2 forms of valid ID*
Benefit and/or Club Account  
✓
Letter of Purpose
✓
EIN paperwork From IRS
✓
2 forms of valid ID*

Get Started Today


 






















*Two primary forms of identification will be required for all beneficial owners. This includes, but is not limited to, original certified documents with full name and DOB.