Opening a Business Account

What You’ll Need

What you need to open a business account with PMCU, depends on how your business is setup. Below is a breakdown organized by type of business entity.

Sole proprietorship

  • Trade Name Registration (date stamped)
  • SSN, ITIN or EIN
  • Valid photo ID

General or Limited Partnerships (LTD) or
Limited Liability Partnerships (LLP)

  • Partnership Registration or Articles of Organization
  • Certified Partnership Agreement (LLP) – must include names of the partners – if names are not included, Meeting Minutes would be required
  • Articles of formation (if names are not listed in partnership agreement)
  • Valid photo ID

Limited Liability Company (LLC)

  • Certified Articles of Organization
  • LLC agreement*
  • All owners must be on the account unless stated otherwise in the LLC Agreement
  • EIN or SSN if solely owned
  • Valid photo ID

*If individually owned or owned by a married couple, LLC agreement is not required. Meeting minutes may be required to determine ownership and duties

Corporation or nonprofit-C Corp and S Corp

  • Certified Articles of Incorporation
  • Bylaws – needed if names are not listed in Articles of Incorporation, or the Articles reference bylaws
  • Certification of Formation
  • Meeting minutes listing who is responsible for the account are required if all owners named in the Articles or bylaws are not on the account.
  • EIN
  • Valid photo ID

Organization or Association

  • Meeting minutes or Organizational Docs
  • EIN
  • Valid photo ID

Ready to get started?

Open a Business Account

For more information on starting a business, take a look at the State of Colorado Small Business Guide .
To apply for a business license and other helpful information, click here to be directed to the Colorado Secretary of State website.