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Business Checking

We are here to help your business, whether it’s a small startup or a thriving company. With a Business Account at Box Elder, you’ll have a financial partner. Our simple and economical business checking account is designed to meet the needs of small businesses. We offer flexibility, dividend earnings and no per check or per item fees, so you can keep more of your money.

You’ll Enjoy Business Checking at Box Elder:

No monthly account maintenance fees

No minimum monthly balance

No fee for first 300 transactions

Each transaction over 301, $0.15 per item

Free online and mobile banking

Funds insured by the NCUA

Opening a Business Checking Account is Easy!

What to bring

Here are the items you will need to bring to open a business checking account:

1. Gov't Photo ID

Driver’s license, passport, or another form of government issued photo identification.

2. Second Form of ID

Bring one of the following secondary forms of ID:

  • Debit Card
  • Credit Card
  • Letter with your name on it
  • Something else with your name on it that would help to verify your identity

3. Social Security Number

Have it memorized or bring your SSN card.

4. Deposit

Bring $25.00 to open an account.

5. Beneficial Ownership Certification Form

When you open a new business account for a legal entity on or after May 11, 2018, you will be required to provide information about your beneficial owners, as required by federal law.

A beneficial owner is:

  • Each individual who owns 25% or more of the legal entity, and
  • One individual who has significant responsibility to control the legal entity

To save time, download and fill out the FORM and bring it in when you open your account. On the form you will need to know:

      1. Each beneficial owner(s) Name
      2. Address
      3. Date of Birth
      4. Social Security Number (or other government identification number)
      5. Driver’s license or other identifying documents. Acceptable forms of identification are: Driver’s License, State-Issued Identification Card, Passport, or Alien Identification Card.

If you have question, call and ask for one of our New Account Specialist. (435) 723.3437

Depending on the structure of your business, you will also need to bring the following items:

a. Sole Proprietorship
  • Business Name Registration
  • Business License
  • EIN or Social Security #

b. Partnership

  • Articles of Incorporation
  • Partnership Agreement
  • Business License & EIN

c. Corporation or LLC

  • Articles of Incorporation
  • Business License
  • EIN

d. Associate or Club

  • Letter authorizing signer
  • EIN

e. Non-Profit Organization

  • Articles of Incorporation
  • EIN
  • Letter from National Organization if local chapter

Signing Up Is Easy!

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