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Business Banking

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Starting a Business?

Starting a business is an exciting step, and it’s okay if it feels a little overwhelming at first. Every great business begins with a simple idea and a plan to bring it to life. Start by thinking about what makes your idea unique, who your customers might be, and what goals you want to reach. From there, choose your business structure—like a sole proprietorship or LLC—and register your business with the Utah Division of Corporations. Don’t forget to pick a name that feels right for your brand and make sure it’s available before registering it.

Once your business is official, you’ll want to take care of a few important details. Depending on what kind of work you’re doing, you may need certain licenses or permits. You can check with your city or the Utah Department of Commerce to find out what applies to you. You’ll also need to register for taxes, get insurance, and start thinking about how to spread the word—whether that’s through social media, word of mouth, or local advertising.

The good news is you don’t have to do it alone. Utah has incredible local resources, like the Small Business Development Center (SBDC) and the Governor’s Office of Economic Development (GOED), that offer free help, training, and advice. And when you’re ready to take that next step, stop by a local branch or click below to open a business account and get started on your journey.

Talk to a Business Expert

Talk to a UCCU expert and find the best option for you and your business.

(801) 223-7665 | [email protected]

Available Monday – Friday 9 am – 5:30 pm

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(801) 223-8188
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Sat: 9:00 am – 2:00 pm

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*Financing is subject to UCCU membership and underwriting criteria, not every applicant will qualify. Federally insured by NCUA.

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