Contact Careers Locations Specials Open an Account Español LOGIN New User? Help Personal Business About Us Search BUSINESS ADVICE BUSINESS TYPES BUSINESS Business Types Choosing the right entity allows you to reduce liability exposure, minimize taxes, and ensure that the business can be financed and run efficiently. Here are some of the most common types of businesses: Business Type Separation Ownership Taxation* Corporations (C Corp) Offers the most separation between personal/business Ownership is transferable Taxed at the entity level Subchapter S Corporations (S Corp) A separate legal entity created by a state filing No more than 100 shareholders Taxed at federal level similar to partnership and LLC Sole Proprietorships Business and owner are legally the same Single owner Business is not a taxable entity Limited Liability Company (LLC) Limited liability protection for members' personal assets Owned by one or more members but flexibility in management "Pass-through" tax entity. Income/loss reported by owners Partnerships No separation from owner(s) Two or more people Not taxable entity under federal law Not-for-Profit Learn more about Not-for-Profits To speak with a professional about what type of business suits your needs best, get in-touch with one of our Commercial Services Specialists to set up a consultation. CONTACT US *Consult a tax advisor for additional information. RELATED CONTENT Business Insurance Become a Business Member Email RELATED QUESTIONS What should I do if I lose my Visa debit or credit card? What do I need to keep in mind with Mobile Check Deposit? How do I dispute a transaction on my account? Routing Number: 273976369 Schedule an appointment Open an Account Make a Payment Apply for a loan LOCATE A BRANCH Locations in Iowa and Nebraska to serve you. As a credit union, we're organized differently than other financials. Veridian is a not-for-profit financial cooperative owned by our members. That means earnings are returned to members in the form of better rates and lower fees. Veridian is also governed by a volunteer board of directors who are elected by our members. Each member has one vote in the election for our board regardless of how much money that individual has on deposit. LEARN MORE PERSONAL Save Borrow Insure Advice BUSINESS Banking Lending Services Advice ABOUT US Membership Careers Community Diversity, Equity & Inclusion OTHER Contact Us Locations News Specials Open an Account *APR = Annual Percentage Rate | **APY = Annual Percentage Yield © 2021 - Veridian Credit Union Routing Number - 273976369 Privacy Policy Online Privacy Policy Accessibility Statement