Business

Information you will need to Open a Business Account:

When opening a business account, all banking institutions are required to obtain information verifying the business as well as the individuals associated with the business. The list of business types below will help you quickly and easily determine the documents needed.

Sole Proprietorship

Required Documentation:

  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)
  • If Operating as DBA:
    • DBA Trade Name Registration – received from the clerk of the superior court of the county in which business is conducted
    • Business License – received from the city or county in which business is conducted
LLC

Required Documentation:

  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Corporations/LLC/Professional Corp: should have date and secretary’s signature
  • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
  • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Organization
Corporation

Required Documentation:

  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Corporations/LLC/Professional Corp: should have date and secretary’s signature
  • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
  • Letter authorizing use of TIN – (If operating under a Parent Organization’s TIN, a letter from the Parent Organization giving authority to use the TIN is required)
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Incorporation
Association/Organization/Informal Non-Profit Organization

Required Documentation:

  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Certification of Owners of Organization of Club: date, signature of ALL officers listed on the current minutes
  • Current Meeting Minutes
    • Must list current owners/officers of organization and must be signed
    • Must identify if they are opening an account, adding individuals, and/or removing individuals with Robins Financial
    • Must be signed by the secretary or similar title
    • Must be on letterhead and typed
    • ALL officers listed in minutes MUST sign section 4 of the Robins Financial Business Account resolution
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment (If using EIN to establish membership)
Partnership

Required Documentation:

  • Complete the Certification of Beneficial Owner(s) Form – see instructions for completion details
  • Two Forms of Identification – needed for any individual listed on Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
    • State Issued Driver’s License
    • State Issued Identification Card
    • Government issued ID or passport
    • State of Georgia Weapon’s carry license (new version with picture)
    • SSN Card
  • Complete the Business Resolution Form – this form identifies managing members and individuals authorized to act on behalf of entity
    • Section One - complete information on Business Entity
    • Section Two - date of meeting at which resolution was adopted should be dated when the resolution is signed
    • Section Three - identifies the Responsible Individual(s) that will be on the Account and their title
    • Section Four – Partnerships: date and signature of Partners
  • Secretary of State Registration/Certification – if registered, entity must be either Active/Compliant or Active/Owe for the Current Year
  • Statement of Partnership or Partnership Agreement
  • IRS EIN Assignment Letter – document provided by the IRS containing proof of EIN assignment
  • If Operating as DBA:
    • DBA Trade Name Registration – or DBA name must be stated in Articles of Incorporation

After you review our solutions, contact us to open an account today. Business Accounts (Checking, Savings and Money Market) can be opened at any branch location. For Commercial Loans and Business Credit Cards please contact our Commercial Loan department at 478-923-3773 or 800-241-2405 x. 2240, or by email at BusinessServices@robinsfcu.org. Our goal is to make your transition to Robins Financial simple and painless.

It offers free business checking or simple affordable checking

  • $100 initial deposit to open a new account
  • No monthly maintenance fees
  • Free Visa® Debit Card
  • 500 free transactions per month (debits and credits)*
  • Free Night Depository Service
  • Free Change Orders
  • Free Digital Services:

*Please see the Business Account Rate and Fee Schedule for additional terms and conditions that may apply to your account.

It was designed for businesses with a high volume of activity (over 500 items per month).

  • $100 initial deposit to open a new account
  • $7.00 monthly maintenance fees**
  • Free Visa® Debit Card
  • Free Night Depository Service
  • Free Change Orders
  • Free Cash Deposits
  • Free Digital Services:

*Please see the Business Account Rate and Fee Schedule for additional terms and conditions that may apply to your account.

**The Earnings Credit will be based on the average monthly collected balance multiplied by the previous month's average rate for the 90 day T-Bill (13 week).

Make sure your business has the tools for growth and success. Robins Financial Credit Union offers a broad range of loan services tailored to meet the needs of our business members. We understand your need for a trusted financial partner. That’s why we offer a wide variety of business loans to choose from.

  • Commercial Real Estate Loans - Purchase or Refinance
  • SBA 504
  • Construction Loans
  • Revolving Lines of Credit - Secured or Unsecured
  • Business Visa® Platinum
  • Commercial Equipment
  • Business Automobiles

For more information, or to apply for a commercial loan please contact our Commercial Loan Department at 478-923-3773, ext. 2240.

With our Business Prestige Money Market account, your business will earn higher interest rates on savings, while still providing ready access to your money whenever you need it. Your Business Prestige Money Market Account earns interests at competitive market rates. And you’ll earn even higher rates on larger balances. Features including:

  • No monthly maintenance fee
  • $2500 initial deposit to open a new account
  • Minimum balance $2500*
  • Competitive dividend rate (minimum balance required)
  • Descriptive quarterly statements
  • Access to 24-Hour Telephone Teller***
  • Overdraft Protection**
  • Free Digital Services:

*Minimum Balance - This balance is required to obtain the stated Annual Percentage Yield (APY) for the dividend period. View our current rate information and see the Rate & Fee Schedule for Below Minimum Balance Fee information.

**Overdraft Protection - Gives you peace of mind and security should you ever overdraw your account. Overdrafts will automatically transfer available funds to your checking account from your savings account or you may qualify for a line of credit loan or Visa® as another convenient option. To receive this service, ask a representative when opening your account. See the Rate & Fee Schedule for Overdraft Protection Fee information.

***Account Limitations - For Savings, IRA Savings and Prestige accounts, no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

No matter how small or large your business, at Robins Financial Credit Union we’ll help you every step of the way. With checking, commercial loans, Money Market accounts and a Business Partner Program, we have all the right accounts for your business.