Business Accounts Chart

The Partnership FCU offers several business accounts. Use the chart below to choose the one that best suits your needs.

Type of Business/Entity Eligibility Requirements Required Documentation
Sole Proprietorship The individual (sole proprietor) must be in the TPFCU field of membership
  • Photo I.D. and SSN of all owners/signatories
  • Tax I.D. number (sole proprietor’s SSN)
  • Fictitious name certificate if the business name is different than the member’s legal name
  • Business license, as required
Corporation All owners (shareholders) must be in the TPFCU field of membership
  • Photo I.D. and SSN of all owners/signatories
  • Tax I.D. number
  • Fictitious name certificate if business name is different than the owner’s legal name
  • Certified copy of Articles of Incorporation
  • Current Certificate of Good Standing
  • Corporation bylaws governing the Corporation’s operations
  • Corporate Resolution of Authority indicating all signatories are officially authorized by the business
  • Business license, as required
Partnership (General or Limited) All partners must be in the TPFCU field of membership
  • Photo I.D. and SNN of all owners/signatories
  • Tax I.D. number
  • Fictitious name certificate if business name is different than the partner’s legal name
  • Partnership Agreement
  • Partnership Resolution of Authority. To verify partnership status, list all partners and designate specific powers granted and to whom
  • Business license, as required
Limited Liability Company (LLC) All owners/members must be in the TPFCU field of membership
  • Photo I.D. and SSN of all owners/signatories
  • Tax I.D. number
  • Fictitious name certificate if business name is different than the owner’s legal name
  • Articles of Organization
  • Corporate Resolution of Authority indicating all signatories are officially authorized by the business
  • Operating Agreement: bylaws governing the LLC’s operations and rights of its members
  • Business license as required
Organization All members must be in the TPFCU field of membership
  • Photo I.D. and SSN of all signatories
  • Tax I.D. number
  • Corporate Resolution of Authority indicating all signatories are officially authorized by the organization
  • Organizing Documents/Statement of Intent