What you'll need to open a business deposit account

CA, 94105 Change Location

When opening a business checking or savings account, we are required by law to verify your business as well as the individuals associated with your business. If your business has more than one owner or key executive with authority and control, it is preferred that they are all present when opening a new account. If this is not possible, then you may be provided with the required forms that must be completed and notarized by each individual not present. Your account cannot be opened until all notarized forms have been returned by the owner or key executive, who is opening the account at the branch.

You will be asked to complete and sign documentation that includes:

Information about your business.
Information about the owners of your business. "Reference the Information about the Owners FAQ below"
If applicable, entities with ownership of your business.
An individual with significant management responsibility of your business.
Your authorization for us to check your credit (no impact to credit score).

You will be asked to provide the following documentation:

A document to verify your business is registered with a government agency, such as Secretary of State or other state/county agency. When applying online, we may ask you to upload this document.

If your business is not registered with a government agency, the list below will help you determine which document is needed based on your legal business structure.

Nonprofit entities should provide documentation verifying their status, which may include records from local, state, or federal taxing authorities. This information may already appear on your registration documents; however, if it does not, please bring additional documentation to confirm your nonprofit status.

If the document you provide to verify your business does not accurately reflect the physical address of your business, you will need to provide additional documentation for
address verification. "Reference the Address Verification FAQ below"
Note: A physical address is required; Registered Agents, Virtual Addresses, and PO/Commercial mailboxes are not acceptable.

For businesses, we may require one of the following items, inclusive of the entity name, to validate your address:

Utility Bill - issued within last 60 days
Lease Agreement - restrictions apply, virtual offices are not acceptable. (active)
Real Estate Property Deed
Vehicle Registration, unexpired
Property Tax Statement - last 12 months
Evidence of Insurance (Declaration Page/Summary of Benefits or insurance card, either issued in the last 12 months)
Filed Documents with the Secretary of State, restrictions apply. Must be listed as primary, principal, or physical address.
Tribal Property Agreement issued by a tribe and giving rights to the land, must be recognized by US Bureau of Indian Affairs
For Trusts: Certification of Trust

For businesses, each owner should come prepared with the following identification documents:

One primary ID (original version)

State-issued or U.S territory driver's license
State-issued or U.S territory ID card
Passport
U.S. Armed Forces ID
Permanent resident card
Employment authorization card
Border Crossing Card
Tribal Identification issued by a federally recognized U.S. tribal government
Consular card issued by Colombia, Guatemala, or Mexico
El Salvador Documento Unico do Identidad (DUI) card
Canadian driver's license or ID card issued in English (Quebec-issued IDs are not accepted)

Plus a secondary ID (original version)

Any ID that's acceptable as a primary ID
ATM, credit, or debit card
Employee ID
Student ID
Social Security card (signed)
Birth certificate (original or certified copy)
ID issued by a recognized business, education institution, or government agency (domestic or foreign)

Utilize the list below to help determine which document is needed based on your legal business structure:

If the business name does not include the legal last name of the owner, you will need one of the following original or certified business documents:

Fictitious Name Certificate/Statement
Certificate of Assumed Name
Business License
Registration of Trade Name

For example: If the owner’s legal name is Janet Johnson, and the business name is Janet Jewelry, you will need the additional documentation. However, if the business name is Johnson Jewelry, you will not.