Business Account Checklist
Based on your business type, we require the following forms to open your Business Account.
Sole Proprietorship*:
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Can be individual owner or married couple
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Valid Picture Identification (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Social Security Number or EIN of the Sole Proprietorship (must have Employee Identification Number (EIN) with two or more employees)
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If using EIN, will require a copy of the IRS letter issuing the EIN
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Assumed Business Name Certificate (required when using a name other than the Sole Proprietor’s)
General Partnership, Limited Partnership (LP) and Limited Liability Partnership (LLP)*:
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Can be individuals or business entities
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Valid Picture Identification for ALL Signers and Partners (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Residential Address and Social Security Number for each partner and all signers and partners
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Tax ID Number for the Business (Employee Identification Number (EIN) issued by the IRS)
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Partnership Agreement
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Corporation (C Corp or S Corp)*:
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Can be individuals or business entities
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Valid Picture Identification for ALL Signers (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Residential Address and Social Security Number for each partner and all signers and partners
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Tax ID Number for the Business (Employee Identification Number (EIN) issued by the IRS)
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Articles of Incorporation
Limited Liability Company (LLC) and Professional Limited Liability Company (PLLC)*:
- Individuals as “members”
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Valid Picture Identification for ALL Signers (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Residential Address and Social Security Number for each partner and all signers and partners
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Tax ID Number for the Business (Employee Identification Number (EIN) issued by the IRS)
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Articles of Organization
Non-Profit Organization*:
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Must qualify under tax code section 501 (c) (3) and provide a copy of the IRS issuing letter
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Valid Picture Identification for ALL Signers (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Residential Address and Social Security Number for each partner and all signers and partners
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Tax ID Number for the Business (Employee Identification Number (EIN) issued by the IRS)
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Articles of Incorporation
Club, Organization, or Recreational*:
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Individuals
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Valid Picture Identification for ALL Signers (Government Issued State Driver’s License/ID, Passport, Military I.D.)
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Residential Address and Social Security Number for each partner and all signers and partners
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Tax ID Number for the Business (Employee Identification Number (EIN) issued by the IRS)
NOTE: A ChexSystems report will be required for all sole-proprietors, partners, and owners of LLCs and Corporations. This is a report obtained by the Credit Union at the time of account opening.
* Businesses will be required to complete a Business Due Diligence form and a ownership information sheet, also known as the Beneficial Ownership form, at account opening.
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