What types of businesses can open an account and what documentation is required?
Associations
Required documentation:
- Proof of Tax ID Number
- Copy of Charter, or Bylaws, or Articles of Organization
- Specific Letter of Request from the Association
- Minutes from most recent meeting to identify officers, title and nature of Organization
Corporation (C and subchapter S): All owners or the Corporation’s business location must be within the Credit Union’s field of membership.
Required documentation:
- Proof of Tax ID Number
- SOS Website – Certificate of Good Standing
- Corporate Resolution or Minutes from Corporate Meeting (must be signed by Corp Secretary)
- Reference this document to confirm responsible individuals that have authority to open deposit accounts for this business
LLC: All members of the LLC or LLC’s Business location must be within the Keesler Federal’s field of membership.
Required documentation:
- Proof of Tax ID Number
- SOS Website – Certificate of Good Standing
- LLC Operating Agreement (Keesler Federal requires, but is not required by the State of Mississippi)
- Reference this document to confirm responsible individuals that have authority to open deposit accounts for this business.
Partnership (General, Limited, Limited Liability, Joint Venture): All members of the LLC or the LLC’s business location must be within the Keesler Federal’s field of membership.
Required documentation:
- Proof of Tax ID Number
- SOS Website – Certificate of Good Standing
- Copy of Partnership Agreement
- For Limited Partnerships: Certificate of Limited Partnership
Sole Proprietor: Owner must be within the Keesler Federal’s field of membership.
Required documentation:
- Proof of Tax ID Number (if not using own SSN)
- Business License