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How To Open

To Open a Business Account

Contact any of our Branch Managers

If you have questions or want to speak to someone about deposit related services for your business, connect with a Dean Bank Branch Manager when you stop by any Dean Bank location.


What is required to open a business account?

Depending on your business type, below is a list of common documentation required to open a deposit account. Additional documentation may be requested to open an account based on business needs.


REQUIRED BUSINESS INFORMATION:

  • Business Legal Name and any d/b/a (“doing business as”)
  • Primary Contact Information
  • Physical and Mailing addresses
  • Business Phone, Fax and website information

ADDITIONAL DOCUMENTATION BY ENTITY

Corporation

  • Certified Articles of Incorporation
  • State Issued Business License or a copy of website application containing the Federal Employee Identification Number (EIN)
  • If your business does not have an EIN, you may apply for one via the IRS website or by calling the IRS at 1-800-829-4933.
  • Corporate Resolutions completed and SIGNED

Limited Liability Company

  • Certificate of Formation issued by the Secretary of State
  • Signed Operating Agreement
  • State Issued Business License or website application with the Federal Employee Identification Number (EIN)
  • If your business does not have an EIN, you may apply for one via the IRS website or by calling the IRS at 1-800-829-4933.
  • Declaration of Unincorporated Business completed and signed (Bank provides this form)

Limited Partnership

  • Certificate of Limited Partnership
  • Copy of Partnership Agreement
  • State Issued Business License or website application with the Federal Employee Identification Number (EIN)
    • If your business does not have an EIN, you may apply for one via the IRS website or by calling the IRS at 1-800-829-4933.
  • Federal Employer Identification Number.
  • Declaration of Unincorporated Business completed and signed (Bank provides this form)

Partnership

  • Partnership Agreement
  • State Issued Business License or website application with the Federal Employee Identification Number (EIN)
    • If your business does not have an EIN, you may apply for one via the IRS website or by calling the IRS at 1-800-829-4933.
  • Declaration of Unincorporated Business completed and signed (Bank provides this form)

Unincorporated Association or Non-Profit

  • IRS 501 Exempt Letter for Non Profit Status
  • Organizational documents (i.e. Articles of Incorporation and Bylaws)
  • Declaration of Unincorporated Business completed and signed (Bank provides this form)

Sole Proprietorship

  • Social Security Number
  • State Issued Business License with information on Trade name or website application with the Federal Employee Identification Number (EIN)
    • If your business does not have an EIN, you may apply for one via the IRS website or by calling the IRS at 1-800-829-4933.
  • Declaration of Unincorporated Business completed and signed (Bank provides this form)

Still have questions?

If you have any further questions, email Kevin DeNorscia at or call him at 508-803-7813. You can also stop by any Dean Bank location.