Business Banking Overview & Eligibility

Business Overview & Eligibility

The Services You Need From The Credit Union You Trust

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Why Choose Freedom for Your Business?

Freedom is local, just like you. We’ve been serving the local community for over 60 years, and we know Harford and Baltimore County. We have the business expertise to help you “cross the i’s and dot the t’s” to start and run your business successfully. Beyond that, we have the local knowledge that you can leverage to grow and thrive here.

As a Credit Union, we don’t answer to stockholders, we answer to our members. We are a not-for-profit co-operative. As such, our focus is on providing competitive products and services, reasonable loan rates, and low fees.


Businesses located in Harford or Baltimore Counties are eligible for membership with Freedom.

To better assist you and your company, the following is required to open a business account:

  • Employer Identification Number (EIN) (An IRS Letter of Issuance or proof may be required)
  • Mailing and physical address of the business
  • Personal identification for each signer

Establish a business membership with a $1.00 deposit into a Business Savings Account

  • Sole Proprietorship

    Sole Proprietorship

  • Limited Liability Company

    Limited Liability Company

  • Corporation


  • Partnership


  • Nonprofit Organization

    Nonprofit Organization

  • Organization, Club or Unincorporated Association

    Organization, Club or Unincorporated Association

Required Documents

  • Sole Proprietorship

    -Current Trade Name Certification, if applicable

    -Maryland Business License, if applicable

  • Limited Liability Company

    -Articles of Organization

  • Corporation

    -Articles of Incorporation

    -Corporate Resolution, if applicable

  • Partnership

    -Partnership Agreement

  • Nonprofit Organization

    -Articles of Incorporation

    -Certification of Nonprofit Status (e.g. 501(C)3)

    -Resolution of Authority, if applicable

  • Organization, Club or Unincorporated Association

    -IRS Letter of Issuance required with EIN

    -Resolution of Authority, if applicable


EIN stands for Employer Identification Number. Just as a social security is a unique number for an individual, an EIN is a unique number to identify a business entity, organization or club.

An EIN can be obtained online for free at

A Trade Name is the name under which a business entity operates. A Trade Name can be used by any business entity and must be registered with the State of Maryland in order to be used.

Applications can be found at the Maryland State Department of Assessments and Taxation online at

Meet Our Team

Thank you for your interest in Freedom’s Business Banking! Our dedicated team of business banking specialists are ready to assist you.

  • Bob Wehland

    Bob Wehland

    Title: Senior Vice President Business Banking

    Bob has over 20 years’ experience in banking management. He oversees the management and servicing of Freedom’s business loan and deposit portfolios. Bob’s expertise includes total profit and loss tracking, budget preparation, expenditure control, sales growth and team performance.

    1-800-440-4120 ext. 3102


  • Jeff Herman

    Jeff Herman

    Title: Business Banking Specialist

    Jeff has 25 years of sales experience. Jeff is an experienced Sales Professional with a demonstrated history of working in multiple industries, which he now uses to develop relationships with businesses in the Harford and Baltimore County communities. Jeff serves on the board of the Route 40 Business Association.

    1-800-440-4120 ext. 3114

Contact Business Banking

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