Opening a business account is easy.

Purdue Federal membership is open to any current student, employee, persons retired as pensioners or annuitants of, and alumni of the Select Employee Groups below, to persons who live, work, study, or worship in LaPorte County, Indiana, and to immediate family members of a current member.

A complete list of all current Select Employee Groups is available at any Purdue Federal branch location or by clicking here.  As a member of Purdue Federal, you share in its ownership. You join a cooperative financial institution organized under federal credit union regulations.

In order for the Business Entity to qualify for membership a) all shareholders of the corporation; b) all members of the limited liability company; c) all partners of the partnership; d) all members of the informal association, organization, or club; or e) the owner of the sole proprietorship, as applicable, must meet at least one eligibility requirement for membership with the Credit Union.

The Business Entity must also purchase and maintain a $5.00 share of ownership (the membership share) in the primary share savings Account at the Credit Union as required by our bylaws.

Before being accepted for business membership at Purdue Federal, the Business Entity must provide acceptable organization documents as applicable including, but not limited to, Certificate of Assumed Business Name, Certificate of Incorporation, Certificate of General or Limited Partnership, Partnership Agreement, Articles of Organization or Incorporation, Operating Agreement, Bylaws, and Credit Union Provided Authorization Resolutions (“Entity Documents”).

Once you open the business account, the $5 membership share will be unavailable for withdrawal.

Switch your business accounts to Purdue Federal today. 
Download our helpful checklist