Business Documentation for Account Applications

Documents Needed When Applying for a Business Account

If you're planning on applying for a SDCCU Business Account, there are some documents that you will need to provide in-branch when applying. Documents vary based on business type. Review the business types below to determine which documentation is required and individuals that must be present at account opening. 

Association

• Employer ID Number (EIN)/Tax ID Number (TIN)
• Letter of Authorization signed by two or more officers
• For Incorporated Associations: Recorded copy of the Association’s Constitution or also known as Memorandum and Articles of Association
• For Unincorporated Associations: Signed copy of Meeting Minutes
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Individuals must be present at account opening: Secretary or Assistant Secretary, All Additional Authorized Signer(s) 

Corporation (S-Corp, C-Corp, and Nonprofit Corp)

• Employer ID Number (EIN)/Tax ID Number (TIN)
• Recorded copy of Articles of Incorporation and any Amendments
• Recorded copy of Statement of Information (SI-200 or SI-550)
• For Nonprofit Corporations: IRS Nonprofit Determination Letter 501(c)/502
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Signed copy of Meeting Minutes (if applicable)
• Statement and Designation by Foreign Corporation (if applicable)
• Certificate of Good Standing (Foreign) (if applicable)
• Recorded copy Statement of Information - Foreign (SI-350) (if applicable)
• Individuals must be present at account opening: President, Secretary or Assistant Secretary or Acting Secretary, Additional Authorized Signer(s)

General Partnership

• Employer ID Number (EIN)/Tax ID Number (TIN)
• Signed copy of General Partnership Agreement and any Amendments
• Recorded copy of Statement of Partnership Authority (GP-1) and if amended, a recorded copy of Statement of Amendment (GP-7) (if available)
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Recorded copy of Statement by Foreign Partnership (LL-27) (if applicable)
• Individuals must be present at account opening: All General Partners must be present to open the account; If one of the General Partner(s) is another business, additional documents will be required from the business partner

Limited Liability Company

• Employer ID Number (EIN)
• Signed copy of the Operating Agreement and any Amendments
• Recorded copy of Articles of Organization (LLC-1) and if amended, a recorded copy of Amendment to Articles of Organization (LLC-2)
• Recorded copy of Statement of Information (LLC-12)
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Recorded copy of Application to Register a Foreign Limited Liability Company (LLC-5) (if applicable)
• Individuals must be present at account opening: If managed by all LLC Members: All Members must be present; If managed by one or more Managers: All Managers must be present; If one of the Member(s) is another business, additional documents will be required from the business member

Limited Liability Partnership (Available only to Attorneys, Accountants, and Architects)

• Employer ID Number (EIN)/Tax ID Number (TIN)
• Signed copy of General Partnership Agreement and any Amendments
• Recorded copy of Application to Register a Limited Liability Partnership (LLP-1) and if amended, a recorded copy of Amendment to Registration of a Limited Liability Partnership (LLP-2)
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Recorded copy of Statement by Foreign Partnership (LL-27) (if applicable)
• Individuals must be present at account opening: All General Partners; If one of the General Partner(s) is another business, additional documents will be required from the business partner

Limited Partnership

• Employer ID Number (EIN)/Tax ID Number (TIN)
• Signed copy of Limited Partnership Agreement and any Amendments
• Recorded copy of Certificate of Limited Partnership (LP-1) and if amended, a recorded copy of Amendment to Certificate of Limited Partnership (LP-2)
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Recorded copy of Application for Registration Foreign Limited Partnership (LP-5) (if applicable)
• Certificate of Good Standing (Foreign) (if applicable)
• Individuals must be present at account opening: All General Partners; If one of the General Partner(s) is another business, additional documents will be required

Sole Proprietorship

• Employer ID Number (EIN) or Social Security Number (SSN)
• Business License (if available)
• Certified copy of Fictitious Business Name Statement and copy of Notice/Proof of Publication (if applicable)
• Individuals must be present at account opening: One Owner: The Sole Proprietor; Spousal Sole Proprietorship: Both owners; Additional Authorized Signer(s): All must be present at account opening

Additional documents or information may be required following review.

Make an appointment to apply for a Business Account at one of our convenient branch locations today!