Business Products

All owners/managers of a business must qualify for LLCU membership for the following entity types:

• Sole Proprietorship
• General Partnership
• Limited Partnership (LP)
• Limited Liability Company (LLC)
• Limited Liability Partnership (LLP)

All legal directors/stockholders must qualify for membership or the entity must qualify on its own standing as an association of persons as a select group defined within our membership charter.

The organization must qualify on its own standing as an association of persons as a select group defined within our membership charter.

The following information is required for individuals owning 20 percent or more to entities being established or updated:

• Name
• Date of birth
• Residential address
• Social Security number or tax identification number
• Valid government issued ID (e.g., driver license, U.S. military ID, passport)

Additionally, one individual (control person) must be designated with significant responsibility to manage the legal entity being established or updated such as: An executive officer or senior manager (e.g., chief executive officer, chief financial officer, chief operating officer, managing member, general partner, president, vice president, treasurer); or any other individual who regularly performs similar functions.

• All authorized signers must have an LLCU primary savings account
• Assumed Name Certificate (DBA) must be filed within the County Clerk office in which business is being conducted
• Social Security number or Employee Identification Number (EIN) documentation of sole proprietorship on IRS letterhead (if applicable)
• Valid government-issued ID for all account signers (e.g., driver's license, U.S. military ID, passport)

• All authorized signers must have an LLCU primary savings account
• Assumed Name Certificate (DBA) must be filed within the County Clerk office in which business is being conducted
• Employee Identification Number (EIN) documentation of partnership on IRS letterhead
• Valid government-issued ID for all partners and account signers (e.g., driver's license, U.S. military ID, passport)
• Partnership agreement signed by all parties

• All authorized signers must have an LLCU primary savings account
• Certification of Limited Partnership listing legal ownership must be filed with the Illinois Secretary of State
• Assumed Name Certificate (DBA) must be filed with the Illinois Secretary of State and the County Clerk office(s) in which business is being conducted (if applicable)
• Employer Identification Number (EIN) documentation of partnership on IRS letterhead
• Valid government-issued ID for all partners and account signers (e.g., driver's license, U.S. military ID, passport)
• Partnership agreement signed by all parties

• All authorized signers must have an RBFCU primary savings account
• Certification of Limited Partnership listing legal ownership must be filed with Illinois Secretary of State
• Assumed Name Certificate (DBA) must be filed with the Illinois Secretary of State and the County Clerk office(s) in which business is being conducted (if applicable)
• Employer Identification Number (EIN) documentation of partnership on IRS letterhead
• Valid government-issued ID for all partners and account signers (e.g., driver's license, U.S. military ID, passport)
• Partnership agreement signed by all parties

• If the corporation qualifies for LLCU membership as an association of persons, then only the corporation secretary must have an LLCU primary savings account. Otherwise, all authorized signers must have a primary savings account.
• Articles of Incorporation listing legal ownership must be filed with the Illinois Secretary of State
• Assumed Name Certificate (DBA) must be filed with the Illinois Secretary of State and the County Clerk office(s) in which business is being conducted (if applicable)
• Employer Identification Number (EIN) documentation on IRS letterhead
• Valid government-issued ID for all account signers (e.g., driver's license, U.S. military ID, passport)
• Meeting Minutes – should list signatories for the business account, titles of directors, and must be signed by Secretary or President. (Note: Meeting Minutes are not required if all directors are present at account opening.)

• All authorized signers must have an LLCU primary savings account
• Certificate of Formation listing legal ownership and registered with the Illinois Secretary of State
• Assumed Name Certificate (DBA) must be filed with the Illinois Secretary of State and the County Clerk office(s) in which business is being conducted (if applicable)
• Employer Identification Number (EIN) documentation of business on IRS letterhead
• Valid government-issued ID for all owners and account signers (e.g., driver's license, U.S. military ID, passport)
• Operating Agreement signed by all legal business members and/or managing members

• Club must have an LLCU primary savings account and qualify for membership as an association of persons
• Employer Identification Number (EIN) documentation on IRS letterhead
• Valid government-issued ID for all account signers (e.g., driver's license, U.S. military ID, passport)
• Unincorporated Association or Club Account Certification and Authorization will designate authority of account signers and must be signed by all authorized signers

• Candidate and treasurer must qualify for LLCU membership and open an LLCU primary savings account
• Employer Identification Number (EIN) documentation on IRS letterhead
• Valid government-issued ID for all account signers (e.g., driver's license, U.S. military ID, passport)
• Non-Personal Account Application must be completed and signed by all authorized signers
• CTA Form (Appointment of a Campaign Treasurer by a Candidate) filed in the appropriate jurisdiction

• Non-Personal Account Application to be completed and signed by all authorized signers
• Business Depository Resolution to be signed by all designated business owners
• Certification of Beneficial Ownership to be signed by the designated control person for the entity