Business information
- Legal business name and any DBA names
- Tax identification number
- NAICS industry classification code
- Principal business address
- State and date established
- Business classification and ownership structure
- Estimated annual revenue
What you’ll need to open a business deposit account
Gather documents and details before you apply so your Nexford business checking enrollment stays on schedule. Use this checklist for every structure—from sole proprietorships to nonprofits.
- Business, owner, and signer information collected in one application.
- Structure-specific documents listed by entity type below.
- Most applications take about 15 minutes once materials are ready.
Information we need from you
All business deposit applications require the following business and personal details. Have this information ready before you begin your application.
Personal information
- Legal name and date of birth
- Social Security number
- Email address and primary phone number
- Two years of residential address history
- Relationship to the business (owner, officer, signer)
Requirements by business type
Government-issued identification card may be required, such as:
- Driver’s license
- State-issued identification card
- U.S. passport
Business Taxpayer Identification Number such as:
- SSN
- ITIN
- Employer Identification Number (EIN)
Proof of legal name if using a doing business as (DBA) name. DBA names differ from the owner’s or legal business’s names and are often filed with a government authority.
Government-issued identification card may be required, such as:
- Driver’s license
- State-issued identification card
- U.S. passport
Business Taxpayer Identification Number, such as:
- SSN
- ITIN
- Employer Identification Number (EIN)
Business formation documents, which may include:
- Valid government-issued business license
- Certificate of good standing from your Secretary of State
- Operating agreement
- Articles of incorporation
- Proof of legal name if using a doing business as (DBA) name. DBA names differ from the owner’s or legal business’s names and are often filed with a government authority.
Government-issued identification card may be required, such as:
- Driver’s license
- State-issued identification card
- U.S. passport
- Employer Identification Number (EIN)
Business formation documents, which may include:
- Valid government-issued business license
- Certificate of good standing from your Secretary of State
- Operating agreement
- Articles of incorporation
- Proof of legal name if using a doing business as (DBA) name. DBA names differ from the owner’s or legal business’s names and are often filed with a government authority.
Information about additional business owners:
- Provide the name, phone number and email address of any additional business owners. They will receive a portion of this application to complete.
Government-issued identification card may be required, such as:
- Driver’s license
- State-issued identification card
- U.S. passport
- Employer Identification Number (EIN)
Business formation documents, which may include:
- Valid government-issued business license
- Certificate of good standing from your Secretary of State
- Operating agreement
- Articles of incorporation
- Proof of legal name if using a doing business as (DBA) name. DBA names differ from the owner’s or legal business’s names and are often filed with a government authority.
Information about additional business owners:
- Provide the name, phone number and email address of any additional business owners. They will receive a portion of this application to complete.
Government-issued identification card may be required, such as:
- Driver’s license
- State-issued identification card
- U.S. passport
- Employer Identification Number (EIN)
Business formation documents, which may include:
- Valid government-issued business license
- Certificate of good standing from your Secretary of State
- Operating agreement
- Articles of incorporation
- Proof of legal name if using a doing business as (DBA) name. DBA names differ from the owner’s or legal business’s names and are often filed with a government authority.
Information about additional business owners:
- Provide the name, phone number and email address of any additional business owners. They will receive a portion of this application to complete.
Government-issued identification card may be required, such as:
- Driver’s license
- State issued identification card
- U.S. passport
- Employer Identification Number (EIN)
Business formation documents, which may include:
- Valid government-issued business license
- Certificate of good standing from your Secretary of State
- Certified articles of organization
For additional association members:
- Provide the name, phone number and email address of any additional members who will also be account owners. Members who will also be account owners will receive an application to complete their details.
Nexford Trust Bank is a Member FDIC institution. Deposit products are subject to your account agreement, the applicable fee schedule, and federal and state banking regulations.
Document and identification requests may vary based on your business structure, ownership, and regulatory obligations. Nexford may request additional information during application review.
Investment, insurance, and annuity products are not FDIC insured, are not deposits, are not bank guaranteed, and may lose value.