Faster Than The Speed Of Business.
Opening your commercial account at TruStone is a piece of cake. It’s so quick and simple that you just have to experience it to believe it.
What Do I Need To Apply?
To sign up for business checking, savings, or to borrow, just swing into a TruStone branch with your business documents and deposit (or mail them if you wish) and you’ll be up and running in no time. Give us a ring to learn more.
- Valid ID
- Completed Business Account Application form
- $5 minimum deposit to open a Business Share Savings account (required for membership)
- $100 minimum deposit if you want to open a Business Checking account
- Additional documentation for your business type, listed below
Minnesota:
- Articles of Incorporation (filed with the MN Secretary of State)
- Certificate of Incorporation (filed with MN Secretary of State)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Certificate of Assumed Name, if applicable (filed with the MN Secretary of State)
- Operating Agreement*
- Beneficial Ownership Certification Form (NCUA Required)
Wisconsin:
- Articles of Incorporation (filed with the WI Department of Financial Institutions)
- Certificate of Existence (filed with WI Department of Financial Institutions)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Certificate of Trademark, if applicable (filed with WI Department of Financial Institutions)
- Operating Agreement*
- Beneficial Ownership Certification Form (NCUA Required)
*If not all signers are listed on the Articles of Incorporation/Organization.
Minnesota:
- Articles of Organization (filed with the MN Secretary of State)
- Certificate of Organization (filed with the MN Secretary of State)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Certification of Assumed Name, if applicable (filed with the MN Secretary of State) Operating Agreement*
- Beneficial Ownership Certification Form (NCUA Required)
Wisconsin:
- Articles of Organization (filed with the WI Department of Financial Institutions)
- Certificate of Existence (filed with the WI Department of Financial Institutions)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Certificate of Trademark, if applicable (filed with the WI Department of Financial Institutions) Operating Agreement*
- Beneficial Ownership Certification Form (NCUA Required)
*If not all signers are listed on the Articles of Incorporation/Organization.
Minnesota:
- Articles of Incorporation (filed with the MN Secretary of State) Certificate of Incorporation (filed with the MN Secretary of State)
- A copy of the 501 (c)(3) – (13) and (19) documentation, if applicable EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Operating Agreement*
- Beneficial Ownership Certification Form (NCUA Required)
Wisconsin:
- Articles of Incorporation (filed with the WI Department of Financial Institutions)
- Certificate of Existence (filed with the WI Department of Financial Institutions)
- A copy of the 501 (c)(3) – (13) and (19) documentation, if applicable
- EIN Verification (IRS Letter, signed W9, or a most recent tax return) Operating Agreement *
Beneficial Ownership Certification Form (NCUA Required)
*If not all signers are listed on the Articles of Incorporation/Organization.
Minnesota:
- Meeting Minutes authorizing the account and signers
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
Wisconsin:
- Meeting Minutes authorizing the account and signers
EIN Verification (IRS Letter, signed W9, or a most recent tax return)
Minnesota:
- Certificate of Assumed Name, if using an SSN (filed with MN Secretary of State)
- Certificate of Partnership, if using an EIN (filed with the MN Secretary of State)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Beneficial Ownership Certification Form (NCUA Required)
Wisconsin:
- Certificate of Trademark, if using an SSN (filed with WI Department of Financial Institutions)
- Certificate of Partnership, if using an EIN (filed with the WI Department of Financial Institutions)
- EIN Verification (IRS Letter, signed W9, or a most recent tax return)
- Beneficial Ownership Certification Form (NCUA Required)
Minnesota:
- Certificate of Assumed Name, unless full legal name is in the name of the business (filed with MN Secretary of State)
Wisconsin:
- Registration of Tradename/Trademark, unless full legal name is in the name of the business (filed with WI Department of Financial Institutions)
Am I Eligible?
Check the list of Minnesota and Wisconsin counties below. If your company address is in one of them, then you’re in. Or if at least one of your business owners lives in an eligible county, you’re in too. Welcome aboard!
- Anoka
- Carver
- Chippewa
- Chisago
- Dakota
- Hennepin
- Isanti
- Ramsey
- Redwood
- Renville
- Scott
- Sherburne
- Stearns
- Washington
- Wright
- Yellow Medicine
- Kenosha
- Milwaukee
- Racine
- St. Croix
More Options for your Business.
Business Checking Accounts
At TruStone, we’ve crafted three business checking plans to match your specific needs, so that you can focus on what you do best - running your business.
Business Visa® Credit Card
Your TruStone Visa® Platinum business credit card earns you valuable points that you can use for travel, merchandise or cash-back.
Business Loans
Breaking ground on a new business? Expanding upon an existing property? Acquiring investment real estate? Whatever your loan needs, you’ve come to the right place.
The above listed documents are for sample purposes only. All accounts are subject to approval and may require additional documentation.