Deposit Account Opening Checklist

For personal deposit accounts (required for all signers):

  • Valid Government-Issued Photo I.D. (Driver’s License, Passport, etc.)
  • Social Security Number
  • Proof Of Current Address

For business deposit accounts:

  • Business Documentation (Such as Corporate Resolution, Partnership Authorization, Articles of Organization, or other)
  • Business Tax ID
  • Proof of Current Address
  • Certificate of Assumed Name (If Applicable)

Required for all signers:

  • Valid Government-Issued Photo I.D. (Driver’s License, Passport, etc.)
  • Social Security Number

Mortgage Checklist

The following information is usually required during the loan process:

  • Your Social Security Number
  • Current pay stubs and your tax returns for the past two years
  • Bank statements for the past two months
  • Investment account statements for the past two months
  • Life insurance policy
  • Retirement account statements for the past two months
  • Make and model of vehicles you own and their resale value
  • Credit card account information
  • Auto loan account information
  • Personal loan account information

If you currently own real estate:

  • Mortgage account information
  • Home insurance policy information
  • Home equity account information (if applicable)

SBA / Commercial Loan Checklist

The following information is usually required during the loan process:

  • Personal & Business Federal Tax Returns – last 3 years with all supporting schedules (Required on all guarantors and/or all individuals who own 20% or more of the business)
  • If an existing business – Year-to-Date Balance sheet and Profit & Loss statement are required. (Must be dated within 90 days of application).
  • 2-Year Projection of earnings – (required if less than 3 years of historical statements are available)
  • If any owner/borrower has a controlling interest in another business, 3 years of financial   information must be submitted on each affiliate entity.
  • A/R and A/P Aging Reports – at Banks discretion depending on use of proceeds and collateral offered
  • For Franchise purchase include Uniform Franchise Offering Circular (UFOC)
  • Purchase Agreement (applies only to acquisitions or real estate purchases)
  • Complete SBA Application & Forms