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What to expect when opening a business account

Opening a business account with SEFCU is quick and easy. To get started, gather the documents below and stop by any SEFCU branch.

Required documentation to open all business accounts

  • Completed Business/Organization Authorization Resolution form 
  • Employer Identification Number (EIN) or Tax Identification Number (TIN)
  • Photocopy of the original corporate paperwork (Articles of Organization, Certificate of Incorporation, Department of State filing receipt, etc.)
  • Valid identification from each person listed on the account

In addition to the above requirements further documentation is needed for the businesses/organizations listed below.

DBA Partnership and Sole Proprietorship

  • Certified DBA paperwork

Limited Liability Company and Limited Liability Partnership (LLC)*

  • Articles of Organization
  • NYS Filing Receipt

Corporations – C-Corp and S-Corp

  • Articles of Organization (if applicable)
  • Certificate of Incorporation
  • NYS Filing Receipt

Not-for-Profits/Associations – 501(c)3 or 501(c)6

  • Certificate of Incorporation and 501(c)3 or (c)6 papers
  • Copy of Bylaws

Learn More About our Business Accounts Today!

  • Visit a branch near you 
  • Call the Member Solutions Center at 518-452-8183 or 800-727-3328

*Please note: Social Security Number in place of an EIN for a sole principal LLC is acceptable. All copies must be attached to the Business/Organization Authorization Resolution form.