Business Banking

N/A

Individuals That Need to be Present at Account Opening:

• Sole Proprietorships with one owner – The Owner
• Spousal Sole Proprietorships – Both Owners
• If you need to add authorized signers to the account, they must also be present

Information Required to Open Account:

Personal Identification – Two forms of primary identification or one form of primary along with one form of secondary identification is required for ALL signers.

Acceptable Primary Identification includes:

• Government issued passport
• Government issued driver’s license
• Government issued State ID
• Military ID card
• US Alien registration
• Green Card
• VISA
• Immigration Card
• State issued handgun carry permit

Secondary ID includes:

• Social Security Card
• Birth Certificate
• Utility Bill (dated within last 30 days)
• Credit Card

Tax Identification Number – Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or Employer Identification Number (EIN) is required.

Business Documentation – One of the following is required:

• Business License
• EIN IRS Letter
• Tax Return reflecting dba Name

Note: if your business is organized in another state but operates in the state where the account is being opened, documentation from BOTH states is required.

Additional Information That Will be Requested at Account Opening:

• Business Address (must provide a physical address)
• Phone Number
• Number of Business Locations
• Where Products and Services are sold
• Location of Suppliers and Vendors
• Nature of your business
• Annual Sales
• Number of Employees
• Types of Transactions and Volumes you expect to process through the new account

Individuals That Need to be Present at Account Opening:

Member Managed LLC – All Members

Manager Managed LLC – All Managers

• If one of the Managers or Members of the LLC is another business, an authorizing representative of that business must also be present
• If you would like to add an authorized signer to your account, they must be present

Information Required to Open Account:

Personal Identification – Two forms of primary identification or one form of primary along with one form of secondary identification is required for ALL signers.

Acceptable Primary Identification includes:

• Government issued passport
• Government issued driver’s license
• Government issued State ID
• Military ID card
• US Alien registration
• Green Card
• VISA
• Immigration Card
• State issued handgun carry permit

Secondary ID includes:

• Social Security Card
• Birth Certificate
• Utility Bill (dated within last 30 days)
• Credit Card

Tax Identification Number – An Employer Identification (EIN) is required.

Business Documentation

• Certified Articles of Organization (Certificate of Formation), filed with state agency
• Active Status Verification – Certificate of Good Standing

Note: if your business is organized in another state but operates in the state where the account is being opened, documentation from BOTH states is required.

At Least One of the Following Is Also Required:

• Operating Agreement
• Meeting Minutes
• Annual Report of Statement of Information

All Owners/Shareholders with 25% or More Ownership (even if not a signer on the account):

• Full name as it appears on Government Issued ID
• Legal Business Name (only used when an owner of a corporation is another entity/trust)
• Residential Address (business address if owner is a business)
• Percentage of Ownership
• Date of Birth
• Tax Identification Number (i.e., SSN, ITIN, FTIN)
• Country of Citizenship

Additional Information That Will be Requested at Account Opening:

• Business Address (must provide a physical address)
• Phone Number
• Number of Business Locations
• Where Products and Services are sold
• Location of Suppliers and Vendors
• Nature of your business
• Annual Sales
• Number of Employees
• Types of Transactions and Volumes you expect to process through the new account

Individuals That Need to be Present at Account Opening:

Any authorizing representative must be present, which includes the President, Secretary, Assistant Secretary or Acting Secretary

• If you would like to add an authorized signer to your account, they must be present

Information Required to Open Account:

Personal Identification – Two forms of primary identification or one form of primary along with one form of secondary identification is required for ALL signers.

Acceptable Primary Identification includes:

• Government issued passport
• Government issued driver’s license
• Government issued State ID
• Military ID card
• US Alien registration
• Green Card
• VISA
• Immigration Card
• State issued handgun carry permit

Secondary ID includes:

• Social Security Card
• Birth Certificate
• Utility Bill (dated within last 30 days)
• Credit Card

Tax Identification Number – An Employer Identification (EIN) is required.

Business Documentation – One of the following filed with appropriate State Agency including State Filing Stamp is required:

• Certified Articles of Incorporation (Certificate of Formation)
• Active Status Verification – Certificate of Good Standing

Note: if your business is organized in another state but operates in the state where the account is being opened, documentation from BOTH states is required.

At Least One of the Following Is Also Required:

• Corporate Resolution
• Meeting Minutes
• Annual Report of Statement of Information

All Owners/Shareholders with 25% or More Ownership (even if not a signer on the account), which may include Senior Managers, Board of Directors or any individual with major influence over the company:

• Full name as it appears on Government Issued ID
• Legal Business Name (only used when an owner of a corporation is another entity/trust)
• Residential Address (business address if owner is a business)
• Percentage of Ownership
• Date of Birth
• Tax Identification Number (i.e., SSN, ITIN, FTIN)
• Country of Citizenship

Additional Information That Will be Requested at Account Opening:

• Business Address (must provide a physical address)
• Phone Number
• Number of Business Locations
• Where Products and Services are sold
• Location of Suppliers and Vendors
• Nature of your business
• Annual Sales
• Number of Employees
• Types of Transactions and Volumes you expect to process through the new account

Individuals That Need to be Present at Account Opening:

All General Partners must Be Present at Account Opening:

• If one of the General Partners is another business, an authorizing representative of that business must also be present
• If you would like to add an authorized signer to your account, they must be present

Information Required to Open Account:

Personal Identification – Two forms of primary identification or one form of primary along with one form of secondary identification is required for ALL signers.

Acceptable Primary Identification includes:

• Government issued passport
• Government issued driver’s license
• Government issued State ID
• Military ID card
• US Alien registration
• Green Card
• VISA
• Immigration Card
• State issued handgun carry permit

Secondary ID includes:

• Social Security Card
• Birth Certificate
• Utility Bill (dated within last 30 days)
• Credit Card

Tax Identification Number – An Employer Identification (EIN) is required.

Business Documentation

• General Partnerships (one of the following):
  • Written Partnership Agreement
  • Joint Venture Agreement
• Limited Partnerships (LPs), Limited Liability Partnerships (LLPs) and Limited Liability Limited Partnerships (LLLPs)
  • Certified Partnership Agreement

Note: if your business is organized in another state but operates in the state where the account is being opened, documentation from BOTH states is required.

At Least One of the Following Is Also Required listing the current General Partners:

• Certified amendment to the Partnership Agreement or Joint Venture Agreement, if applicable
• Letter on Company Letterhead listing the current General Partners
• Meeting Minutes listing current General Partners
• Annual Report of Statement of Information

All Owners/Limited Partners with 25% or More Ownership (even if not a signer on the account):

Limited Liability Partnerships, Limited Liability Limited Partnerships and Limited Partnerships only:

• Full name as it appears on Government Issued ID
• Legal Business Name (only used when an owner of a Partnership is another entity/trust)
• Residential Address (business address if owner is a business)
• Percentage of Ownership
• Date of Birth
• Tax Identification Number (i.e., SSN, ITIN, FTIN)
• Country of Citizenship

Additional Information That Will be Requested at Account Opening:

• Business Address (must provide a physical address)
• Phone Number
• Number of Business Locations
• Where Products and Services are sold
• Location of Suppliers and Vendors
• Nature of your business
• Annual Sales
• Number of Employees
• Types of Transactions and Volumes you expect to process through the new account

Individuals That Need to be Present at Account Opening:

• An authorizing representative
• If you would like to add an authorized signer to your account, they must also be present

Information Required to Open Account:

Personal Identification – Two forms of primary identification or one form of primary along with one form of secondary identification is required for ALL signers.

Acceptable Primary Identification includes:

• Government issued passport
• Government issued driver’s license
• Government issued State ID
• Military ID card
• US Alien registration
• Green Card
• VISA
• Immigration Card
• State issued handgun carry permit

Secondary ID includes:

• Social Security Card
• Birth Certificate
• Utility Bill (dated within last 30 days)
• Credit Card

Tax Identification Number – Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or Employer Identification Number (EIN) is required.

Business Documentation

If Organization or Association is using their own EIN, one of the following:

• Articles of Association
• Charter Document Validating Existence
• IRS EIN confirmation letter

If Organization or Association is using EIN of National or Regional Organization:

• Letter of Authorization from national or regional office (must include EIN of national or regional office)

Note: if your business is organized in another state but operates in the state where the account is being opened, documentation from BOTH states is required.

At least one of the following is also required:

• Letter on Organization or Association Letterhead
• Meeting of Minutes

Individuals Holding Key Roles in the Business Association or Organization

• Full Name on primary ID
• Residential Address
• Date of Birth
• TIN (SSN, ITIN)
• Country of Citizenship

Additional Information That Will be Requested at Account Opening:

• Business Address (must provide a physical address)
• Phone Number
• Number of Business Locations
• Where Products and Services are sold
• Location of Suppliers and Vendors
• Nature of your business
• Annual Sales
• Number of Employees
• Types of Transactions and Volumes you expect to process through the new account