Business Accounts
ICU wants to fulfill your business banking needs. We offer accounts for just about any type of business in the State of Washington. With an ICU Business Savings and Checking Account you'll receive all of the great credit union benefits our regular members enjoy.
Below you will find the types of business accounts we offer and what is required to open your business account with ICU
Types of Business Accounts
Sole Proprietorship Account Requirements
- SSN of the Proprietor or EIN number of the business
- Washington State Business License
General Partnership Account Requirements
- Washington State Business License
- Partnership Agreement
- EIN Number
Limited Liability Partnership Account Requirements
- Washington State Business License
- Partnership Agreement
- EIN Number
Limited Liability Company Account Requirements
- Washington State Business License
- Limited Liability Company Agreement
- EIN Number
Corporation Account Requirements
- Washington State Business License
- Registered Articles of Incorporation or Stamped Application to Form Profit Corporation
- EIN Number
Unincorporated Association Account Requirements
- Minutes of Board of Directors meeting that specifically list who has the authority to make financial transactions on behalf of the organization.
- EIN Number
- If using EIN parent company then must have Letter of Authority
Non-Profit Corporation Account Requirements
- Washington State Business License
- Registered Articles of Incorporation
- 501c Form Granting Non-Profit Status or Certificate of Tax Identification
- EIN Number
Non-Profit Association Account Requirements
- Association Agreement
- 501c Form Granting Non-Profit Status or Certificate of Tax Identification
- Minutes of Board of Directors meeting that specifically list who has the authority to make financial transactions on behalf of the organization.
- EIN Number
Non-Profit Sub Group Account Requirements
- Letter of Authority
- EIN Number of Parent Organization
- 501c Form Granting Non-Profit Status or Secretary of State Certificate Showing Non-Profit Status