In Person
- An authorizing representative must be present which may include President, Vice President, Secretary or Treasurer.
- All authorized signers must be present at account opening.
Personal Identification
- One form of a government-issued photo ID is required – CT Driver’s License, CT issued photo ID card or U.S. Passport
- For individuals without a government-issued photo ID or an out-of-state government-issued photo ID, two or more identification documents must be presented. The combination of the documents must bear a photograph and proof of residence
Employer Identification Number (EIN) is required
Business Documentation
- Certified copy of Articles of Incorporation
- Non-profit corporations – IRS letter granting tax exempt status (Determination Letter)
- Trade Name Certificate – required if your business is operating as a DBA (doing business as). Example: Jones Paint Supply Inc. DBA Ace Professional Painting
The following documentation may also be requested
Supplemental documentation listing the current Officers of the Corporation (one of the following):
- State of Connecticut Amendment documents
- If corporation was formed out of state, a certified copy of Certificate of Authority (Application for
- Registration)
- Meeting Minutes
All owners with 25% or more ownership and one individual with significant control
- Legal first name and last name
- Residential address
- Percentage of ownership
- Copy of government-issued identification
- Date of birth
- Social Security number
Additional information that will be requested at account opening
- Business address
- Phone number
- Types of transactions and volumes you expect to process
- Purpose of account
- Nature of business
- Additional information and documentation may be required based on nature of the business
If you have any questions, please contact us at 203.729.4442 or online@ionbank.com.