New Business Accounts Documentation Checklist

Transcription

1 New Business Accounts Documentation Checklist To open your new account, we ask that you provide the following: For ALL Business Types: Completed Business Account Signature Card Completed Business Information Form Valid, unexpired, government-issued photo identification for each principal or signer Valid tax (or employer) identification number (sole proprietors: if applicable; all others: for entity) Valid social security number for each signer PLUS: Sole Proprietors: Name Statement/DBA; proof of publication if available 1 Partnerships: Signed copy of partnership agreement identifying partners and their authority 2 available 3 Partnership Authorization to open account signed by all General Partners Limited Partnerships: Signed copy of partnership agreement identifying partners and their authority 2 Certificate of Limited Partnership filed with the Secretary of State available 4 Partnership Authorization to open account signed by all General Partners Limited Liability Partnerships: Signed copy of partnership agreement identifying partners and their authority 2 Certificate of Limited Partnership filed with the Secretary of State available 3 Partnership Authorization to open account, signed by all Managing Partners Corporations: Certified copy of Corporate Resolution adopted by Board of Directors authorizing opening of account Articles of Incorporation, file stamped by the Secretary of State available 5 Certified copy of Bylaws Non-Profit Associations: Certified copy of resolution adopted by governing body of association/organization authorizing opening of account Letter signed by governing body of legal entity authorizing designated individual to open account and act on its behalf Limited Liability Companies: Certified copy of resolution to open account Operating Agreement (if there is no written agreement, obtain a statement from the members/managers stating that their Operating Agreement is verbal) Filed copy of Articles of Organization available 5 1 A fictitious name is one that does not include the last name of the owner(s) in the name of the business. It is also one that implies the existence of additional owners, such as Company or & Son or & Associates or Brothers. 2 If no formal agreement exists, all partners must sign a statement indicating that they are in business together and state the purpose of the partnership 3 Required if the partnership name does not include the surnames of all General Partners, or one that suggests additional owners. 4 Required if the partnership name is different from the name on the Certificate of Limited Partnership. 5 Required if doing business under a name other than the name stated in the Articles of Incorporation or Articles of Organization

2 BUSINESS INFORMATION Company Name: Member #: Address: Contact Name: Mailing Address: Phone: City, State, Zip: Fax Number: Business Website: How did you come to know about Torrance Community FCU? What products or services does your business provide? What year did business begin? Number of employees: Who are your main competitors? Other Banks / Financial Institutions: What services does the current financial institution provide? Who prepares the company payroll? Does the company accept VISA/MasterCard from its customers? What bankcard processing company provides this service? Does your business provide cash services? If Yes, what type? Who are your major vendors? What is your average deposit amount? How often do you make deposits? Do your deposits include cash, checks or electronic credit? Will you be ordering cash? If Yes, what frequency? Will you be able to provide ACH capabilities for direct deposit or payroll deduction? Payroll Frequency: Weekly Bi-Weekly Monthly Does your business currently have an established credit union relationship? Completed by: Date: (PRINT NAME)

3 Authorized Signer Information and Signatures 1 Home Address: City: State: Zip: Home Phone: Business Phone: Cell Phone: 2 Home Address: City: State: Zip: Home Phone: Business Phone: Cell Phone: 3 Home Address: City: State: Zip: Home Phone: Business Phone: Cell Phone: 4 Home Address: City: State: Zip: Home Phone: Business Phone: Cell Phone: (Please include a copy of current Driver s License or State ID for each signer)

4 REQUEST FOR TAXPAYER IDENTIFICATION AND CERTIFICATION Taxpayer Identification #: Under penalties of perjury, you certify that: 1) the number shown on this form is your correct taxpayer identification number, and 2) you are not subject to backup withholding because (a) you are exempt from backup withholding, or (b) you have not been notified by the Internal Revenue Service that you are subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified you that you are no longer subject to backup withholding, and 3) you are a U. S. person (including a U.S. resident alien). Certification Instructions: You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. Note: The Internal Revenue Service does not require consent to any provision of this document other than the certification required to avoid backup withholding. X Signature of U.S. Person Date: X Printed Name of U.S. Person Credit Union Use Only Approved by: Date: Check Digit: Teller #:

5 Credit Union Business E Business Account Fee Schedule nterprises GENERAL (for all BUSINESS accounts unless otherwise noted) Per Account Transaction $0.10 per item; 1st 100 free /month Per Item Deposited (includes remote deposits) $0.20 per item; 1st 100 free /month Cash Orders $2.00 per order Express cash orders $25.00 per order If account is closed in 90 days from opening $10.00 Domestic Wire Transfer outgoing $20.00 Incoming Wire Transfer $5.00 International Wire Transfer $35.00 Money Order $2.00 Gift Check $2.50 Cashiers Check $5.00 Member withdrawal Check (First Check ) $1.00 Stop Payment $15.00 Copy of Current Statement (per page) $1.00 Copy of Prior Statement (per page) $2.00 Current Account History Printout $1.00 Regular Share Accounts (below requirement of $50.00) $10.00 Traveler s card $7.95 X-Mas Club Early Withdrawal Fee $5.00 Notary Fee, Credit Union related (per signature) Notary Fee, Non-Credit Union Related $10.00 Canadian Collection Item (per item) $5.00 All Other Foreign Collection Items (per item) $25.00 Address Correction $5.00 Return Deposit Item 3rd-Party 5% of ck (min $2 max $20) Return Deposit Item Non-3rd-Party 10% of ck (min $5 max $30) Escheat Fee $5.00 Coin Machine, Members 3% of total Coin Machine, Non Members 6% of total Rolled Coin Fee 5% of total over 10 rolls per day Single Service Fee (Savings only, balance <$100, over 18 yrs of age) $10.00/ Qtr. Home Banking Direct Deposit CONTINUED

6 Credit Union Business E nterprises Business Account Fee Schedule, Cont. Tele Teller Shared Branch Access SHARE DRAFT ACCOUNTS Business Checking $5.00 per month Copy of Member Share Draft (one free per month) $3.00 Non-Sufficient Funds Charge $26.00 Stop Payment $15.00 Savings Overdraft Automatic Transfer (After 1st 6 per month) $5.00 Share Draft Account Reconcilement (per hour, 3 months max) $25.00 Share Drafts Varies Courtesy Pay Fee $26.00 LOAN LATE FEES Loan Late Charge (Non Line of Credit) 5% of pmt. due (min $15 max $50) Loan Late Charge (Line of Credit) 5% of pmt. due (min $5 max $50) ATM (AUTOMATED TELLER MACHINE) Card Replacement Fee (No Charge for Damaged Card When Surrendered) $15.00 Overnight Fee (ATM CheckCard) $30.00 ATM/Debit Card Special Mailing Fee $5.00 Chargeback Initiation Fee $25.00 ATM/Shared Branch Returned Deposit (3rd Party Check) $16.00 ATM/Shared Branch Returned Deposit $25.00 Fees valid as of March 30, 2013 MAIN BRANCH 2377 Crenshaw Blvd., Suite 150 Torrance, CA (310) (866) Fax (310) TELETELLER Local (310) Toll free (866) ACCESS