January 1, 2015

TAGGED AS: Banking Basics

Outlined below are the documents required to open a business account at 1st United Credit Union. If you have not yet done so, please make an appointment to open your account at one of our branches.All documentation must be presented as an original document. The most recent filing with the state and/or amended version of any document is required.

Each account signer to bring:

  • Original Social Security Card
  • State or Government Issued ID
  • If State or Government Issued ID does not display your current home address, please bring at least one of the items listed below as proof of address:
    - Utilitiy Bill (PG&E, Water, Garbage)
    - Rental Agreement
    - Most Recent Pay Stub
    - Current Auto Insurance
    - Current Auto Registration

Additional documentation required, by business type:

BUSINESS ENTITY DOCUMENTATION REQUIRED
Sole Proprietor
  • Clear copy of government issued ID for each signer
  • Business License (or similar permit/certificate)
  • Fictitious Name Statement (if applicable; must show business name, address, and owner's name)
  • Employer Identification Number (EIN) or Social Security Number (SSN)
General Partnerships
  • Clear copy of government issued ID for each signer
  • Business License (or similar permit/certificate)
  • Fictitious Name Statement (if applicable; Must show business name, address, and owner's name)
  • Partnership Agreement (must show business name and names of partners)
  • General Partnership Statement naming the persons with authority to open and maintain bank accounts
  • Employer Identification Number (EIN)
Limited Partnerships (LP)
  • Clear copy of government issued ID for each signer
  • Business License (or similar permit/certificate)
  • Fictitious Name Statement (if applicable; must show business name, address, and owner's name)
  • Certificate of Limited Partnership (certified by Secretary of State)
  • Limited Partnership Agreement (must show business name and names of partners}
  • Employer Identification Number (EIN)
Limited Liability Partnerships (LLP)
  • Clear copy of government issued ID for each signer
  • Business License (or similar permit/certificate)
  • Fictitious Name Statement (if applicable; must show business name, address, and owner's name)
  • Certificate of Limited Liability Partnership (certified by Secretary of State)
  • Limited Liability Partnership Agreement (must show business name and names of partners)
  • Employer Identification Number (EIN)
Limited Liability Companies (LLC)
  • Clear copy of government issued ID for each signer
  • Business License (or similar permit/certificate)
  • Fictitious Name Statement (if applicable; must show business name, address, and owner's name)
  • Copy of signed Operating Agreement (including modifications or amendments)
  • Copy of stamped Articles of Organization (certified by Secretary of State)
  • Employer Identification Number (EIN)
Corporations
  • Clear copy of government issued ID for each signer
  • Fictitious Name Statement (if applicable; must show business name, address, and owner's name)
  • Copy of stamped Articles of Incorporation (certified by Secretary of State)
  • Copy of Bylaws (including any amendments or Corporate Resolution (Board minutes) authorizing account opening at 1st United Credit Union)
  • Employer Identification Number (EIN)
Unincorporated Associations
  • Clear copy of government issued ID for each signer
  • Copy of Business Name Filing or Organizing Document such as Articles of Association (if applicable)
  • Copy of Bylaws (including any amendments or Corporate Resolution (Board minutes) authorizing account opening at 1st United Credit Union)
  • Employer Identification Number (EIN)