Fidelity Bank

Business Account Opening FAQs

BUSINESS ACCOUNT OPENING FAQS

3/19/2019

Now, more than ever, you deserve a bank that acts with courage and integrity. We stand ready to help your business meet challenges with confidence and empower your progress through customized business banking solutions.

Take the first step in gaining financial strength by opening a Fidelity Bank business account. Below are details of the information you will need to apply.

Accounts can be opened at any Fidelity Bank location.

Information needed to apply for an account

Details required by all owners to open an account:

Name and address of business
Name and address of person opening account
Business Employer Identification Number (or business owner's SSN)
Copy of valid Acceptable Form of Identification for owner of business

Additional documents required at account opening:

Letter from IRS certifying Employer Identification Number (EIN)
Fictitious name statement (Oklahoma)
Certification of sole proprietorship status (Oklahoma)

Details required by all owners and controlling person to open an account:

Name and address of business
Business Employer Identification Number (EIN)
Name and title of person opening account
Personal information for all business owners and controlling person
Tax ID (for U.S. persons), residential address, copy of valid Acceptable Form of Identification
Percentage of ownership for each beneficial owner and controlling person

Additional documents required at account opening:

Letter from IRS certifying Employer Identification Number (EIN)
Partnership agreement showing business name and name(s) of partner(s)
Current business name filing document
Certified copy of Limited Partnership or Qualifications
Meeting minutes signed by all partners authorizing signatory

Details required by all owners to open an account:

Name and address of business
Business Employer Identification Number (EIN)
Personal information for all business owners and controlling person
Name and title of person opening account
Tax ID (for U.S. persons), residential address, and a copy of valid Acceptable Form of Identification
Percentage of ownership for each beneficial owner and controlling person

Additional documents required at account opening:

Letter from IRS certifying Employer Identification Number (EIN)
Articles of Incorporation or certified copy of state certified corporate charter
Operating agreement or bylaws of the corporation
Signed minutes from the board of directors designating signers

Details required by all owners to open an account:

Name and address of business
Business Employer Identification Number (EIN)
Personal information for all business owners and controlling person
Name and title of person opening account
Tax ID (for U.S. persons), residential address, and a copy of valid Acceptable Form of Identification
Percentage of ownership for each beneficial owner and controlling person

Additional documents required at account opening:

Letter from IRS certifying Employer Identification Number (EIN)
Articles of Organization or certified copy of other state charter
Operating agreement

Details required by all owners to open an account:

Name and address of association/organization
Tax ID of association/organization
Personal information about the controlling person
Name and title of person opening account
Tax ID (for U.S. persons), residential address, copy of valid Acceptable Form of Identification
Percentage of ownership for controlling person

Additional documents required at account opening:

Letter from IRS certifying Employer Identification Number (EIN)
Association/organization charter
Signed meeting minutes authorizing the account signers and transaction authority

In some instances, additional information may be required. Should you have any questions, you may contact a banker for additional assistance. We stand ready to serve.