The Best Business Savings Accounts

The documents required to open a business savings account depend on the classification of the business.

All of our accounts require two valid forms of identification for each owner, partner, managing member, or authorized signer on the account. 

Here's some of the documents you will need to open your account:

Sole Proprietorship

• Social Security or EIN Number
• Sole Proprietorship Resolution of Authority
• Assumed Name Certificate (if applicable)

Limited Liability Company (LLC)

• EIN Number (Single-member LLC may use SSN)
• LLC Authorization Resolution
• Articles Stamped "Filed'" or Certificate of Existence
• Operating Agreement (should state who is authorized to open the account, usually the managing member)

Corporate Accounts: Non-Profit, For-Profit, Government Entity

• EIN Number
• Corporate Resolution
• Certified copy of Articles of Incorporation or Certificate of Existence
• Certificate of Good Standing, address and date of birth on all authorized signers

Club or Civic Organization

• EIN Number
• Resolution of Lodge, Association, or other similar organization
• Bylaws or similar document outlining the purpose of the organization

If you have questions regarding your necessary documentation, any of our new account representatives will be happy to assist.