Required documents to open a business account:
- Company EIN (Employment ID Number) or TIN (Tax ID Number)
- Company Resolution of Authority (we have blank forms if needed)
- Valid WV business license
- For Partnership: Partnership Agreement
- For Corporation: Articles of Incorporation
- Must show proper documentation such as a business license or operating permit linking member with the business name to authorize a DBA (doing business as) checking account
Benefits:
- No monthly minimum balance
- Unlimited check writing; no per check fee
- No monthly service charge
- Free Visa check card
- Optional overdraft protection to cover potential overdrafts ($3.00 Fee)
- Monthly statement to document account activity (includes all other accounts)
All parties must sign an account card and account authorization card. If cards are taken out of Peoples FCU for signatures, a notary must witness.
Non-Dividend Bearing Account