BCU Bank Logo

Search www.bcu.com.au

Company memberships

Member information guide

A company is a legal entity comprised of shareholders, to engage in or operate a business. BCU Bank deal with Proprietary Companies, known as Pty Ltd (Proprietary Limited). These shares may be beneficially held by individuals, directors, or by trusts. The shareholders are referred to as the beneficial owners.

What do I need to open a membership for a company?

To set up a membership and accounts for your company, you will need to provide original or original certified copies (including certification form) as detailed below:

If the beneficial owners of the company are individuals:


Prepare your documents

You will need to provide a business extract issued by ASIC, dated within last 30 days.


Attend a branch

Beneficial owners and directors requiring access to the accounts will need to attend a branch with the required documents and primary photo identification or return certified copies of identification accompanied by the certification form to: PO Box 1563, Coffs Harbour, NSW 2450.


Complete a request form

Complete and sign a non-personal membership application form and finalise your membership.

What if the beneficial owner of your company isn't an individual?

You will also need to provide:

  • For a company where the beneficial owner is a Trust, we require an original signed and executed trust deed or a certified copy with certification form.
  • A share certificate may be required if any shares are not beneficially held.
  • If your company shares are beneficially held by another company you must provide a business extract issued by ASIC, dated within the last 30 days.

Is your company operating using a registered business name?

You will also need to provide:

  • A business extract issued by ASIC, dated within the last 30 days which includes the business name you intend to operate under.

For more information get in touch with us in a way that suits you Contact us.