• Sole proprietorships with one owner — the owner
• Spousal sole proprietorships — both owners
• Sole proprietorship living trust — the trustee(s)
• Sole proprietorship with a Power of Attorney — the agent

If you need to add authorized signers to the account, they should be present at account opening. If they cannot be present, they can be pre-authorized during account opening, but will need to go to the branch, with appropriate forms of ID, within 30 days, to be authorized.

• Two forms of ID are required. One ID must be a government-issued ID.
• Primary ID examples:
  • U.S. citizens: state-issued driver’s license, passport, etc.
  • Non-U.S. citizens:
    • Permanent residents:
      • Permanent Resident Alien Card (Green Card), state-issued driver’s licenses, state-issued ID card, passport, etc.
    • Non-permanent residents:
      • Passport, matricula, or U.S. Employment Authorization Card
• Secondary ID examples:
  • Credit/debit card with embossed name, employer ID, utility bill, etc. Credit/debit cards are not a valid form of ID for non-U.S. citizens.
  • Proof of address or date of birth may be required. Additional forms of ID may be required for non-U.S. citizens.

Tax Identification Number:

• SSN, ITIN (Non-U.S. Citizens) or an Employer Identification Number (EIN) is required.

Business Documentation:

• Official documents that establish the owners and assumed name of your business, such as a business license, assumed name application or filing receipt. Your business documentation may vary based on the state you established your business in.
• An assumed name certificate may be required if your business is operating with a DBA (Doing Business As). This certificate may also be known as a trade name certificate, fictitious business name statement or DBA. It is not required in HI, KS, MS, NM, WI and WY. Contact your local branch to confirm if this is required for your business.

For Power of Attorney only:

• Original Power of Attorney document
• Agent: Two forms of ID are required. See above for examples of ID.
• Owner/Principal: Agent is required to provide the owner’s personal ID or a photocopy of the owner’s personal ID

Business Operations Info:

• To comply with federal regulations, we will also ask you for some basic information on your business’s operations, such as:
  • Number of business locations
  • Where products and services are sold
  • Where suppliers and vendors are located
  • Nature of your business
  • Annual sales
  • Number of employees
  • Types of transactions and volumes you expect to process through the new account

Authorized Account Users (Non-Signers):

• If you’d like to provide access to authorized employees to transact on behalf of your business, we will ask you for the following information, but the employee does not need to be present:
  • Full name as it appears on the employee’s government-issued ID
  • Employee’s residential address
  • Employee’s date of birth