After banking at this institution for many years with substantial balances in my accounts, I inquired about opening a business checking account. I found that the SFEFCU is extremely customer unfriendly when it comes to business accounts. First, they require the customer to provide a certified copy of corporate organization documents. If you do not have a certified copy, obtaining it from the state requires a $30 fee and a two week turnaround time. No other bank I contacted requires this because they do their own homework on this issue. Second, the SFEFCU requires a copy of the company's operational agreement. The catch here is that by state law not all corporate entities are required to have an operational agreement. This means that if you want to open a business account with the SFEFCU you may need to draft such an agreement which could involve incurring legal fees. Next, the SFEFCU requires "resolution language" to open a business account. The representative I spoke to didn't even know what this is. Finally, once all the paperwork is gathered, it must be submitted to some Board at the SFEFCU. The Board can take up to two weeks to decide if your account will be approved. So to summarize, if you do not have a certified copy of your corporate documents, opening a business account at the SFEFCU can take up to a month, not to mention the hassle of providing them with documentation almost no other bank requires. Seriously? read more