How to Open a Business Account

Here’s What You’ll Need to Open Your Business Checking Account:
Sole Proprietorship | General Partnership | Campaign Account | Limited Liability Company | Corporations / Not-For-Profit Corporation | Limited Liability Partnership / Limited Partnership | Informal Association / Club | |
---|---|---|---|---|---|---|---|
Proof of EIN (IRS SS-4 Form) |
✔ Or SSN if not filing with EIN |
✔ | ✔ | ✔ or SSN if Single Member LLC |
✔ | ✔ | ✔ |
DBA or Assumed Name Certificate | ✔ | ✔ | |||||
CTA Form (Appointment of a Campaign Treasurer) | ✔ | ||||||
Certificate of Formation | ✔ | ✔ or Articles of Incorporation |
|||||
Registration of LLP or Certificate of Formation LP | ✔ | ||||||
Operating Agreement | ✔ | ||||||
Bylaws | ✔ | ||||||
Partnership Agreement | ✔ (If Applicable) |
✔ | |||||
Meeting Minutes | ✔ | ✔ or Corporate Resolution |
✔ |
Handy Tools at Your Disposal.
Calculate your budget, see and compare the latest rates and discover what perks you gain for being a member of Education First Federal Credit Union.
Business Calculators
Whether you are determining equipment costs, cash flow, a business loan payment, or your financial ratio analysis, there is a calculator to help you.
Business Rates
Whether you are looking to open a business checking, business savings, business money market, or invest in a Business CD, you can check out our current business rates.
Member Perks
When you want a better place to hold your accounts and grow your money, Education First is at the head of the class.