UFIRST BUSINESS ACCOUNT REQUIREMENTS
Opening Your Business Account is Simple and Straightforward
What You Need to Know
We're here to help you and your business thrive. That's why we offer business accounts with all the right features to ensure you succeed. In order to verify your business and the people involved in it's operation, we ask for a few pieces of information while setting up your accounts. All financial institutions are required to obtain this information before opening business accounts; based on the account you need, here's what we'll need to open your business accounts:
General Information for Business Account Requirements
All owners, partners, key executives, and authorized signers must be present at account opening. Please note, the following documents are required (not recommended).
- Two (2) valid forms of ID; one (1) must be a government issued picture ID (i.e. valid driver's license, valid passport, state-issued ID card, military-issued ID card, etc)
- Taxpayer Identification Number, for both the business and the individuals opening the account
- Utah requirement of all entities filing with Utah Dept. of Commerce, with Active Status
- Business organizational documents
- Additional documents may be requested if needed
Get Started
Contact a business expert today to see how we can help you and your business.
» Sole Proprietorship
- DBA application filed with Department of Commerce
- Certificate of Assumed Name filed with Department of Commerce
» General Partnership
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- Certificate of Assumed Name filed with Department of Commerce
- Partnership Agreement if a managing partner has been appointed
» Limited Partnership
- Certificate of Limited Partnership filed with Department of Commerce
- Partnership Agreement if a managing partner has been appointed
» Limited Liability Partnership
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- Statement of Qualification filed with Department of Commerce
- Partnership Agreement if a managing partner has been appointed
» Limited Liability Company (LLC)
- Certificate of Organization
- Operating Agreement
» Non Profit Associations
- Bylaws, minutes, charters, that state the identity of all responsible parties and authorized signers
» Corporation
- Articles of Incorporation
- Operating agreement
- Bylaws, charters, or minutes that state the identity of all responsible parties and authorized signers
- No foreign corporations, registered outside the state of Utah
UFirst Credit Union is here to support you and your business. Let us help you protect your livelihood and your future with comprehensive business accounts and services. Open your business account today: call 801-481-8800 or visit your nearest UFirst branch for more information.