Business Accounts

Choosing a community bank means working with bankers who understand your business and the community where you operate. At Plains Commerce Bank, our bankers take the time to get to know your goals, understand how you manage your money, and help connect you with banking solutions that fit your business.

As a community bank, we're also invested in the communities we serve - supporting local businesses, organizations, and the people who call them home.

Business checking accounts can vary based on monthly balance requirements, transaction activity, service fees, and access to additional business banking tools.

The right account depends on how your business operates. Consider how many transactions you typically have, the balance you expect to maintain, how you receive and make payments, and whether you need services such as ACH, remote deposit capture, Positive Pay, or other treasury management solutions.

A Plains Commerce banker can help you compare your options and choose an account that fits the way you do business.

Start with how your business uses its account today. Consider your typical balance, transaction volume, how often you deposit cash or checks, and how you make and receive payments.

You should also think about the tools that could make managing your business easier, such as online and mobile banking, ACH, remote deposit capture, merchant services, Positive Pay, and other treasury management solutions.

Your banker can help you look beyond the account itself and find the combination of products and services that best supports your business.

Business banking accounts and services may have different fees depending on the account you choose and how you use it. Some common terms you may see include:

• Monthly service fee: A fee that may be charged each statement cycle. Depending on the account, the fee may be waived when certain balance or account requirements are met.
• Excess transaction fee: A fee that may apply when certain account transactions exceed the number included with the account.
• Treasury management service fees: Additional business services, such as ACH, remote deposit capture, or Positive Pay, may have separate fees.
• Cash handling fee: Some financial institutions charge businesses based on the amount of cash deposited or processed. Ask your banker about any cash handling terms that apply to the account you're considering.

Your Plains Commerce banker can review applicable account and service fees with you before opening your account.

The right account depends on your business - not just its size.

We'll look at how you use your account, the balances you typically maintain, your transaction activity, and the banking tools you need. Whether you're looking for everyday business checking, a way to set aside excess funds, or tools to simplify payments and deposits, our bankers can help you find the right fit.

Not sure where to start? Talk with a Plains Commerce banker. We'll ask a few questions about your business and help you compare your options.

The information needed to open a business account depends on your business structure. In general, we'll need information about your business as well as the individuals who own, control, or are authorized to act on behalf of the business.

Be prepared to provide:

• Business name, physical address, and contact information
• Employer Identification Number (EIN) or other applicable Tax Identification Number
• Business formation or organizational documents, when applicable
• Information and valid government-issued identification for applicable owners, control persons, and authorized signers
• Additional documentation based on your business type and account ownership

Common business documents may include:

Sole Proprietorship

• EIN or Social Security Number, as applicable
• Business registration or assumed-name documentation, if applicable

Partnership

• Partnership Agreement, if applicable
• EIN documentation
• Certificate of Limited Partnership or other formation documents, when applicable

Limited Liability Company (LLC)

• Articles/Certificate of Organization
• Operating Agreement, if applicable
• EIN documentation

Corporation

• Articles of Incorporation
• Corporate bylaws, resolutions, or meeting minutes establishing authority, as applicable
• EIN documentation

Nonprofit Organization or Association

• Articles of Incorporation, charter, constitution, bylaws, meeting minutes, or similar organizational documents, as applicable
• Documentation identifying individuals authorized to act on behalf of the organization
• EIN documentation

Because documentation requirements can vary based on the business and account ownership, we recommend contacting a Plains Commerce banker before your appointment to confirm what you'll need to bring.