New Business Account Checklist


Prior to opening a business account with The Friendship State Bank, you will need to present all items required for Beneficial Owners and all authorized signers. Please also provide the following information and documents for the business.

Please note: Other documents may be required depending on current compliance regulations.

Sole Propietorship


  • IRS verification of Tax Identification Number or DBA (Social Security Number)
  • Resolution provided from business
  • Certificate of Assumed Business Name with County Recorder (DBA)

Partnership


  • IRS verification of Tax Identification Number or DBA (Social Security Number)
  • Resolution provided from business
  • If LLP, Certificate of Existence with Indiana Secretary of State or if a General Partnership, a Certificated of Assumed Business Name with County Recorder (DBA)
  • Partnership Agreement

Limited Liability Corporation


  • IRS verification of Tax Identification Number
  • Resolution provided from business
  • Certificate of Existence with Indiana Secretary of State
  • Minutes or document appointing authorized signers and officers; signed by the corporation's secretary
  • Whether filing as C-Corp or S-Corp

Corporation


  • IRS verification of Tax Identification Number
  • Resolution provided from business
  • Certificate of Existence with Indiana Secretary of State
  • Minutes or document appointing authorized signers and officers; signed by the corporation's secretary
  • Whether filing as C-Corp or S-Corp

Organizations


  • IRS verification of Tax Identification Number or DBA
  • Resolution provided by organization
  • Minutes or document appointing authorized signers and officers; signed by the organization's secretary.