What to bring to open a Sole Proprietorship Account
To open a business account:
The sole proprietor (owner) 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:
- Certificate of Assumed Business Name showing the business name recorded with the county in which the proprietorship conducts business if the business name does not contain the surname (last name) of the sole proprietor (i.e. John Doe DBA Eagle Heating and Electric.) or valid Registered Retail Merchant Certificate showing the business name. Please note that a recorded Assumed Name Certificate can only show one name.
- Sole proprietor's Social Security number (SSN) or the Employer Identification Number of the business.
- 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 each signer.
