Compare our Business Checking Options
Flexible Options for Business Deposits
Business Account Requirements
Required documentation varies depending on your business structure. If you have questions, please Contact Us.
Note: To complete verification, your business must be active and in good standing with the California Secretary of State.
Additional Details
Owners, partners, and key executives must provide taxpayer identification number for the business such as an Employer Identification Number (EIN), individual taxpayer identification number or Social Security Number (SSN) for Sole Proprietorships.
Certification Regarding Beneficial Owners: Each individual, if any, who owns, directly or indirectly, 25 percent or more of the equity interests of the legal entity customer. Beneficial Owners are to provide their name, address, date of birth and SSN.
Primary Identification: A State Driver's License/ID Card, Passport (US or Foreign), U.S. Military ID, Resident Alien ID Card/Green Card or Mexican Consulate ID is required.
Sacramento Credit Union reserves the right to refuse membership to business entities classified as “High-Risk” in accordance with the Bank Secrecy Act (BSA). These may include, but are not limited to:
- Financial, investment or credit service providers (foreign currency exchange, investment/securities brokers, money order sales, off shore/non-US based businesses and import/export companies)
- Regulated or illegal products (internet gambling providers and anything related to marijuana-related businesses)
- Unfair, predatory or deceptive practices
- Other high-risk products or services (travel agencies or other travel-related services, membership clubs and multi-level marketing programs)
- Cash intensive businesses, such as restaurants and convenience stores, laundromats, private ATM or vending machine operators