Getting Started

Required Documentation for Business Accounts

When opening a business account, financial institutions are required to obtain information to verify the business and the individuals associated with the business. This list will help you easily determine the documents you will need, based on your business type*. Please call us at 231-946-7090 with any questions you may have.

Sole Proprietor
___Tax ID Number (TIN) if applicable
___Signer’s Identification
___Social Security Number for Signer
___Certificate of Assumed Name (DBA)

Partnership
___Tax ID Number (TIN)
___Signer’s Identification
___Social Security Numbers for Signers
___Certificate of Assumed Name (DBA) if applicable
___Copy of Partnership Agreement

C Corporation
___Tax ID Number (TIN)
___Signer’s Identification
___Social Security Numbers for Signers
___Articles of Organization
___Copy of Bylaws

Limited Liability Company (LLC)
___Tax ID Number (TIN) if applicable
___Signer’s Identification
___Social Security Numbers for Signers
___Copy of Operating Agreement or Articles of Organization
___Certificate of Assumed Name(DBA) if applicable

Nonprofit Corporation
___Tax ID Number (TIN)
___Signer’s Identification
___Social Security Numbers for Signers
___Articles of Organization
___Copy of Bylaws, Charter or Signed Minutes showing current officers

S Corporation
___Tax ID Number (TIN)
___Signer’s Identification
___Social Security Number for Signers
___Articles of Organization
___Copy of Bylaws

* We may ask for additional information to be provided for verification. We are happy to look for any documents filed on the LARA site.

Resources

  • Employer ID Numbers
  • SCORE- Comprised of more than 30 local volunteers in the business world, SCORE is an organization supporting entrepreneurs and growing businesses within the community. No matter the business or question, there is always a Certified SCORE Mentor available to help, all at no cost. TBACU is a proud sponsor of the SCORE workshop series.
  • State of Michigan Entrepreneur’s Guide
  • Starting a Business Checklist-From determining the financing of your new business to insurance and tax planning, this checklist is a great tool!