Business Account Requirements Sole Proprietorship Business license to operate in Washington State Tax Identification Number Statement of Resolution Signers’ information as listed below * General Partnership, Limited Partnership, Limited Liability Partnership Business license to operate in Washington State Secretary of State Registration (Certificate of Formation) (not required for general partnerships) Partnership Agreement If not addressed in the Partnership Agreement, a copy of meeting minutes that lists the name(s) of those authorized to transact on the account, signed and dated by all partners. Tax Identification Number Statement of Resolution Signers’ information as listed below * Limited Liability Company Business license to operate in Washington State Secretary of State Registration (Certificate of Formation) Operating Agreement If not addressed in the Operating Agreement, a copy of meeting minutes that lists the name(s) of those authorized to transact on the account, signed and dated by all members. Tax Identification Number Statement of Resolution Signers’ information as listed below * Corporation Business license to operate in Washington State Secretary of State Registration (Certificate of Formation) Articles of Incorporation and/or Bylaws If not addressed in the Articles of Incorporation, a copy of meeting minutes that lists the name(s) of those authorized to transact on the account, signed and dated by all owners/officers Tax Identification Number Statement of Resolution Signers’ information as listed below * Association/Club Business license to operate in Washington State, if applicable Copy of bylaws or charter, if applicable A copy of meeting minutes that lists the name(s) of those authorized to transact on the account, signed and dated by all members/officers. Tax Identification Number Statement of Resolution Signers’ information as listed below * Nonprofit Organization Business documents for your business type, as listed above IRS 501(c) designation letter *Signer Information Name Address Social Security Number Date of birth Current government-issued photo ID Home phone Work phone Statement of Resolution This resolution will be used for all organizations/businesses. All signers will need to provide government issued identification as well as address verification (if different from address listed on the ID) Sole Prop. Corporation Municipality/Public Funds Partnership LLC Club/Association/PAC Business Name: SSN/TIN: Non-Profit? (501c letter required) Yes SSN Name: No If applicable (Sole Prop. / Club / Associations / Disregarded LLCs only) Is this organization part of a larger “parent” company? Yes No Is this business/organization involved with the sale or production of marijuana? Yes No Purpose of this organization: Authorized signers/owners on this account: (Name) (Title) (Name) (Title) (Name) (Title) (Name) (Title) The Statement of Resolution is for informational purposes only. Authorized signers listed above must sign an account signature card. For rules and regulations regarding your account, refer to the Membership and Account Agreement and the Certificate of Authority found on your Signature Card. Business Member provides this Statement of Resolution for Whatcom Educational Credit Union to rely upon and verify authorized users on Business member’s Accounts I/We attest that more than 50%of the owners/members of this business/organization meet WECU’s Eligibility requirements. Primary Owner(s): ______________________________________________________ (Signature) (Date) Primary Owner(s): ______________________________________________________ (Signature) (Date) -- For WECU purposes only -- Business name checked against Department of Licensing? Yes No Secretary of State on file? (Corp. and LLC only) Yes No Articles of Incorp., Meeting Minutes, or Agreements on file? Yes No Employee Initials: __________ Operator Number: __________ Date: ___________ Do you own the underlying real estate of the location your business operates from? ❏ Yes ❏ No Would a revolving Business line of credit from WECU® be useful in managing your cash flow? ❏ Yes ❏ No Would you like a Business Services Loan Officer to contact you regarding lending needs? If so check all that apply: ❏ Commercial Real Estate ❏ Equipment Loans ❏ Business Revolving Lines of Credit ❏ Business Visa Cards ❏ Business Autos What is the best contact method, and best time to contact you? ❏ Phone: ______________________ Best time to call: _______________________ ❏ Email: ______________________________________________________________ Do you have employees? ❏ Yes ❏ No If so, how many? __________________ Are you interested in Merchant Card Services, Remote Deposit Capture or ACH? ❏ Yes ❏ No Operator #: _________________ Account #: ________________________ Please return to WECU® Business Services Department. Use Business Referral form if the member would like immediate follow up.
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