Open Business Account for Club, Lodge, Fundraiser, Association | Ion Bank
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In Person

  • An authorizing representative per the Association’s Bylaws or Meeting Minutes
  • 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

  • Copy of any document supporting the authorized signer(s) such as Bylaws or Meeting Minutes.
  • Fundraiser account – document reflecting purpose of account such as news article.
  • Non-Profit – IRS letter granting tax-exempt status (Determination Letter).

If applicable – all owners with 25% or more ownership and one individual with significant control

  • Legal First Name and Last Name
  • Residential Address
  • 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
  • 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, toll free 877.729.4442 or online@ionbank.com.