What to bring to open a Partnership Account
To open a business account:
The partners must be a member or be eligible for membership. A membership savings account with a minimum $5 deposit is required at account opening.
Additionally, we will need the following:
- For General Partnerships - Certificate of Assumed Business Name showing the business name recorded with the county in which the partnership conducts business if the business name does not contain the surname (last name) of all the partners or valid Registered Retail Merchant Certificate showing the business name.
- For Limited or Limited Liability Partnerships – Certificate of Limited Partnership must be filed with the State and the business must show active on the Secretary of State web site.
- Employer Identification Number of the partnership
- Name, physical address, email, Social Security number, date of birth, mother's maiden name, primary identification (i.e. driver's license), secondary identification (i.e. state ID, student ID, employment ID, insurance card), employer and occupation of persons opening account on behalf of the legal entity.
- Name, date of birth, physical address, primary photo identification (such as driver's license or passport- photocopy is acceptable) and social security number for each individual who directly or indirectly owns 25% or more of the equity interests of the legal entity. Ownership percentage will be needed.
- Name, title, date of birth, physical address, primary photo identification (such as driver's license or passport- photocopy is acceptable) and social security number for the one individual who has significant responsibility for managing the legal entity.
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