Required Documents

• Verification of your Employer Identification Number (EIN). This is usually verified by an IRS SS4 letter, Letter 147C, or the Federal Tax Return.
• NOTE: If you do not have an EIN, your membership will be considered a consumer membership and subject to the consumer membership opening requirements.
• 2 forms of ID for each authorized signer, one of which is a Government Issued Photo I.D. This can be a Driver’s License, Passport, State-issued I.D. Card, Military I.D. Card, or Permanent Resident Card (aka Green Card). The second form of ID may be any of the above listed examples or a Social Security Card.
• Must register with the County Clerk’s Office in the county of residence/operation.

Includes: General Partnership (GP), Limited Partnership (LP), Limited Liability Partnership (LLP), and Professional Limited Liability Partnership (PLLP)

• Verification of your Employer Identification Number (EIN). This is usually verified by an IRS SS4 letter, Letter 147C, or the Federal Tax Return.
• 2 forms of ID for each authorized signer, one of which is a Government Issued Photo I.D. This can be a Driver’s License, Passport, State-issued I.D. Card, Military I.D. Card, or Permanent Resident Card (aka Green Card). The second form of ID may be any of the above listed examples or a Social Security Card.
• Partnership Agreement:
  • The Partnership Agreement will be reviewed by a Business Services Specialist to determine the signing authority.
• Must register with the County Clerk of Residence or the Secretary of State:
  • Limited Liability Partnerships (LPs, LLP, and PLLPs) must file a Statement of Qualification with the Secretary of State.
  • General Partnerships that use a “dba” must file a Certificate of Assumed Name with the SOS and the County Clerk of residence.
  • Any partnership registered with the Secretary of State must be Active and in Good Standing.

Additionally, all financial institutions must require certain information/verification of any individual determined to be a “Beneficial Owner” in order to comply with Customer Due Diligence Requirements for Financial Institutions as issued by the Financial Crimes Enforcement Network (FinCEN).

Specifically, there is a requirement to verify the Name, Address, Date of Birth, Social Security # or Passport Number (If a foreign person) of any individual owner with at least a 25% ownership stake in a legal entity. A financial institution must also verify the same information of at least one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (CEO, CFO, COO, Managing Member, General Partner, President, VP, Treasurer, etc.).

Additionally, Customer Identification Program rules apply to Beneficial Owners, thereby requiring a copy of an unexpired, government-issued ID and a second form of ID, such as SS Card, Military ID, Work ID, etc.

• Verification of your Employer Identification Number (EIN). This is usually verified by an IRS SS4 letter, Letter 147C, or the Federal Tax Return.
• 2 forms of ID for each authorized signer, one of which is a Government Issued Photo I.D. This can be a Driver’s License, Passport, State-issued I.D. Card, Military I.D. Card, or Permanent Resident Card (aka Green Card). The second form of ID may be any of the above listed examples or a Social Security Card.
• Must register and file Articles of Organization with the Secretary of State. Must be Active and in Good Standing.
• Operating Agreement:
  • If the business is a single-member, member-managed LLC, we do not require a copy of the Operating Agreement.
  • If the business is a Multiple-Member or Manager-Managed LLC, then we must have a copy of the Operating Agreement.
  • The Operating Agreement will be reviewed by a Business Services Specialist to determine the signing authority.
• If the business operates under any name other than that of the LLC, such as a “dba”, it must file a Certificate of Assumed Name with the Secretary of State.

Additionally, all financial institutions must require certain information/verification of any individual determined to be a “Beneficial Owner” in order to comply with Customer Due Diligence Requirements for Financial Institutions as issued by the Financial Crimes Enforcement Network (FinCEN).

Specifically, there is a requirement to verify the Name, Address, Date of Birth, Social Security # or Passport Number (If a foreign person) of any individual owner with at least a 25% ownership stake in a legal entity. A financial institution must also verify the same information of at least one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (CEO, CFO, COO, Managing Member, General Partner, President, VP, Treasurer, etc.).

Additionally, Customer Identification Program rules apply to Beneficial Owners, thereby requiring a copy of an unexpired, government-issued ID and a second form of ID, such as SS Card, Military ID, Work ID, etc.

• Verification of your Employer Identification Number (EIN). This is usually verified by an IRS SS4 letter, Letter 147C, or the Federal Tax Return.
• 2 forms of ID for each authorized signer, one of which is a Government Issued Photo I.D. This can be a Driver’s License, Passport, State-issued I.D. Card, Military I.D. Card, or Permanent Resident Card (aka Green Card). The second form of ID may be any of the above listed examples or a Social Security Card.
• Must register and file Articles of Incorporation with the Secretary of State. Must be Active and in Good Standing.
• Corporate Resolution:
  • Required for all businesses that have multiple shareholders or multiple officers, as indicated by the Secretary of State.
  • Single Shareholder, Sole Officer Corporations are not required to provide a Corporate Resolution.
• Board of Directors Meeting Minutes:
  • If the list of officers reported by the Secretary of State is accurate, then board meeting minutes are not required.
  • If the list of officers is inaccurate in any way, then the Board Meeting Minutes showing the most recent election of officers is required.
• If the business operates under any name other than that of the INC, such as a “dba”, it must file a Certificate of Assumed Name with the Secretary of State.

Additionally, all financial institutions must require certain information/verification of any individual determined to be a “Beneficial Owner” in order to comply with Customer Due Diligence Requirements for Financial Institutions as issued by the Financial Crimes Enforcement Network (FinCEN).

Specifically, there is a requirement to verify the Name, Address, Date of Birth, Social Security # or Passport Number (If a foreign person) of any individual owner with at least a 25% ownership stake in a legal entity. A financial institution must also verify the same information of at least one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (CEO, CFO, COO, Managing Member, General Partner, President, VP, Treasurer, etc.).

Additionally, Customer Identification Program rules apply to Beneficial Owners, thereby requiring a copy of an unexpired, government-issued ID and a second form of ID, such as SS Card, Military ID, Work ID, etc.