Commercial Accounts

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all institutions to obtain, verify and record information that identifies each person who opens an account.

The account opening process can be completed quickly. In order to open your account without hassle or delay, please be ready to provide the following:

For each Signer on the Account

1. Social Security #
2. Date of Birth
3. Two Valid Forms of I.D. (one must be a picture I.D.)
4. Home Address
5. Home/Work Telephone Numbers

Sole Proprietorship

1. Tax I.D. Number
2. Fictitious name registration, if applicable
3. Proprietorship Resolution

General Partnership/Limited Partnership

1. Partnership Authorization and/or Resolution
2. Tax I.D. Number
3. Fictitious name registration, if applicable

Non-Profit Organizations

1. Organization Resolution
2. Tax I.D. Number

Corporation

1. Corporate Resolution
2. Tax I.D. Number

Limited Liability Company (LLC)

1. Authorization and/or Resolution
2. Tax I.D. Number
3. Fictitious name registration, if applicable

Why do I/we have to provide so much personal information?
As a result of 9/11, Congress enacted a law called the "Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001." The Act has numerous provisions, including new rules for identifying and verifying customer identity. The new requirements are intended to ensure that all financial institutions use a high level of diligence to identify those with whom they do business. The personal information we are requesting meets the minimum standards specified in the regulation. In short, the increased identification requirements are required by law, intended to help combat terrorism and other attempts to use our country's financial systems for illegal purposes; and to help protect you from identity theft.

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