What are the requirements for opening a business account?

To open a business account with First United, you need to fulfill a few requirements. Firstly, you must provide a Social Security number or Employer Identification Number (EIN) for your business. Additionally, you should submit legal documentation proving your business's existence and ownership, such as a Certificate of Formation, Articles of Incorporation, or a Partnership Agreement. It is also necessary to provide identification documents for all authorized signers on the account, including their Social Security numbers and valid driver's licenses or passports. If applicable, bring copies of any licenses or permits your business may have obtained. Lastly, a minimum deposit may be required, and you need to complete the necessary account application forms. By meeting these requirements, you can easily begin your business banking relationship with First United.