How to apply for a business account

At Community First Bank, non-individuals can open up an account in the name of a company, association, trust, co-operative, government department/agency or local government entity.

For existing members of Community First Bank

Simply call us on 1300 13 22 77 to open a new account over the phone, or visit your nearest Community First Bank Financial Services Store to open an account in person.

For new members

As a mutual organisation, we are owned by our members. As a result, when you become a member you are required to pay a $2 member share in the credit union. This is refundable should you choose to close your account later.

To become a member and open an account, you will need to complete the business membership application and Verifying Officer’s Nomination of Signatories form – both found on our online forms page under ‘business’. If you are applying in the name of a Trust, you will also need to complete the Trust Account Form.

Where to send your completed forms

Scan to:askus@communityfirst.com.au
Fax to: 02 9735 1661
Post: PO Box 98, Lidcombe NSW 1825

What information will I need to apply?

Depending on the type of application you are completing, you may also be required to provide supporting documentation such as the Certificate of Registration of the Company or Trust Deed. Once we receive your application, we will advise you of what additional information is required. Other information you may need include:

• Details of the company or body including the ABN/ACN and business address details
• Details of signatories to operate the membership
• If you are applying for a FirstBiz Online Savings Account, the details of a nominated bank account which you will use to transfer money in and out of the account
• Depending on the type of business, proof of registration or proof of the business name