Business Membership Application

Transcription

1 ASE Credit Union Questions? Call (334) or (800) Business Membership Application Important Information Account Procedures for Opening a New Account: To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person with a role on the account. What this means to you: when you open a business account, we will ask for your business documents, business address and EIN, the name, residential address, date of birth, TIN and other information for each account signer to allow us to identify you. We will also ask to view and record valid unexpired government-issued picture identification. All signers will be verified through Chexsystems and/or Credit Bureau reports and OFAC. The credit union reserves the right to limit services based on information provided by credit reporting agencies and/or Chexsystems after the account is opened. Account # New Account Account Update Business Information Business Name SSN or TIN Business Physical Address (No PO Boxes) City/State/Zip Business Mailing Address (if different than above) City/State/Zip Business Phone Business Fax Business Start Date Business Purpose Years in Business # of Employees Chexsystems yes no Ownership Type: Sole Proprietor Limited Liability, LLC Corporation Non-Profit General Partnership Limited Partnership, LLP Certification of Tax Payer ID: SSN or TIN Part I. Taxpayer Identification Number (TIN) Enter your TIN in the appropriate box. For individuals, this is your Social Security Number (SSN). For sole proprietor, you may use your Social Security Number or Employer Identification Number (EIN). For other entities, please use your EIN. If you do not have a number, see Note: If the account is in more than one name, see the chart in the Instructions to IRS Form W-9 for guidelines on What Name and Number to Give the Requester. Part II. Certification By signing below, you certify, under the penalties of perjury, that: 1. The number shown on this form is your correct Taxpayer Identification Number, and 2. You are not subject to backup withholding because: (a) you are exempt from backup withholding, or (b) you have not been notified by the Internal Revenue Service (IRS) that you are subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified you that you are no longer subject to backup withholding, and 3. You are a U.S. person (including a U.S. resident alien). Certification Instructions: Cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest or dividends on your tax return. Note: The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding. of Authorized Person Date Business Membership Application: Page 1 of 3 Revised 11/2009

2 Authorized Signers: I am the only signer on this account (please initial) Please add the following signers to this account (please initial) Authorized Signer (First, Middle, Last) Authorized Signer (First, Middle, Last) Authorized Signer (First, Middle, Last) Authorized Signer (First, Middle, Last) I/We certify, under penalty of perjury, that I/we have the authority to bind this business entity to contractual obligations, including opening, closing, granting signature authority for, and depositing funds to and withdrawing funds from financial institution accounts. I/We agree on behalf of the named business entity to all terms stated on this application and separate account agreement and disclosures provided to me/us. Forms returned to ASE Credit Union by mail or fax must be notarized. Notary Date My commission expires Business Membership Application: Page 2 of 3

3 Resolution By Corporation Resolved that the employee(s) named on page 2 of this application is/are authorized to open and maintain accounts with ASE Credit Union as indicated on this application, a copy of which has been presented to the meeting of the directors/officers of (Business Name). Further resolved, that the persons identified as authorized signers on this application are authorized to conduct all business on financial accounts for this entity, including, but not limited to (1) opening accounts, (2) closing accounts, and (3) depositing and withdrawing funds consistent with indicated signature authorizations. Certification: I certify that: (1) I am the President/Secretary/Treasurer of this corporation, (2) the above is true and correct copy of the resolution adopted by the directors of the corporation or officers at a meeting held on at, and (3) these resolutions remain in effect and have not been modified. President/Secretary/Treasurer s President/Secretary/Treasurer s Printed Name Terms and Conditions of Business Account Agreement: If I am (we are) not currently a member, I (we) hereby apply for membership in ASE Credit Union and certify that I am (we are) within the Credit Union s field of membership. I (We) understand that by signing this agreement, I am (we are) opening a business purpose account with the Credit Union and that I (we) own this account as noted above. I (we) understand that there are rules and regulations that the Credit Union and I (we) must follow. I (we) agree to conform to your bylaws and I (we) agree to follow the Credit Union s rules and regulations as explained in the brochures, Business Account Agreement and Disclosures, Business Savings and Investment Rates, Business Fee Schedule, and Privacy Policy. Accounts held in the name of a business, organization, or association member are subject to all of the conditions and terms contained in the Truth in Savings Disclosure for natural person accounts, and the following additional rules. No Pay Upon Death beneficiary designation or other designation shall apply to the account. You agree to notify the Credit Union of any change in business ownership or authority of authorized signers. The Credit Union may rely on your written authorization until such time as the Credit Union is informed of changes in writing and has had a reasonable time to act upon such notice. The Credit Union may require that third-party checks payable to a business may not be cashed, but must be deposited to a business account. You agree that the Credit Union shall have no notice of any breach of fiduciary duties arising from any transactions by any agent of the account owner, unless the Credit Union has actual notice of such breach. Acknowledgement of Disclosures: My signature below indicate that I (we) have received the disclosures mentioned above. of Authorized Person Print Name Date Unlawful Internet Gambling Transactions UNLAWFUL INTERNET GAMBLING TRANSACTIONS PROHIBITED. If you are a commercial customer, you certify that you are not now engaged in, and during the life of this Agreement will not engage in, any activity or business that is unlawful under the Unlawful Internet Gambling Enforcement Act of 2009, 31 USC 5361, et seq. (the UIGEA ). You may not use your Account or any other service we offer to receive any funds, transfer, credit, instrument, or proceeds that arise out of a business that is unlawful under the UIGEA. We may block the transaction and take any other action we deem to be reasonable under the UIGEA and this agreement. By signing below, you acknowledge and consent to the above prohibited transactions: of Authorized Person Business Name Account # Date **CREDIT UNION USE ONLY** Account Checklist: Fee Schedule NCUA Brochure ID Card Privacy Policy Understanding Your Business Brochure My signature below confirms that I have obtained copies of all required business documentation as detailed above; I have identified all signers per the ASE rules; I have verified all parties through ChexSystems or Credit Report and through OFAC; I have reviewed this account agreement for completeness prior to entering information in the system. ASE Representative Branch Date Opened Card Reviewed By Date Reviewed Business Membership Application: Page 3 of 3

4 ASE Credit Union New Member Questionnaire Business Account Please take a moment to answer the following questions. This will enable us to better meet your needs and our responsibilities under the Patriot Act and similar laws. What is the name of your Business? Account # Why have you applied for an account at Alabama State Employees Credit Union? How did you find out about us? What is your principal line of business? Please provide a brief description of your business operations. What is the main purpose of this particular account (i.e., operating account, payroll account, savings account, etc.)? What is the anticipated type and volume of account activity? Will you be making any large cash deposits or withdrawals? Yes / No ( or more) If yes, please briefly describe the nature of these transactions. Will you be making any wire transfers? Yes / No If yes, please briefly describe the reason. Do you perform any of the following services at your place of business? Check Cashing Remittance Services Issue, sell or redeem Money Orders Issue, sell or redeem Travelers Checks Sell Gift Checks Payday Loans Are you a registered Money Service Business (MSB)? Yes / No

5 Which branch will you generally use? Interstate Park Downtown Millbrook Wetumpka Will you be using our Night Deposit Box on a regular basis? Yes/ No Will you be using your Business Account for any type of internet gambling? Yes/ No If yes, please briefly describe the nature of these transactions. of Authorized Person Date: Business Name: Account #