Business Requirements

A business is eligible for membership if at least one partner or owner of the business is a member of First Future Credit Union or the business is located within our field of membership. No matter what kind of business you have, we can provide you with products that are simple to use and which will maximize the value of your business. Visit one of our branches today to open your business account!

Required Documentation

First Future Credit Union requires the appropriate documentation to open a business account. Use the chart below to determine which type of documentation is required for your business.

Type Of Business

Required Documentation

Sole Proprietorship
(dba)

· Filed Fictitious Business Name Statement (Fictitious Bus. Name Statement not needed if owner’s full name is included in business name)

· Business License or Receipt of Business Tax Payment (City of San Diego) or Sellers Permit or Professional license (i.e. contractor, medical, etc.)

General Partnership
(GP)

· Filed Fictitious Business Name Statement

· Business License or Receipt of Business Tax Payment (City of San Diego) or Sellers Permit or Professional license (i.e. contractor, medical, etc.)

· Executed partnership agreement indicating who is authorized to open accounts, sign documents and transact business on behalf of the business.

Limited Partnership
(LP)

· Certificate of Limited Partnership (CA Form LP-1).

· Filed Fictitious Business Name Statement.

· Business License or Receipt of Business Tax Payment (City of San Diego) or Sellers Permit or Professional license (i.e. contractor, medical, etc.)

· Executed partnership agreement indicating who is authorized to open accounts, sign documents and transact business on behalf of the business.

Non-Profit Organization or Association

· Organization’s By-Laws

· “501(C)(3)” documents for Non-Profit Organizations

· Executed Board Resolution or Minutes indicating who is authorized to open bank accounts, sign documents, and transact business on behalf of the organization

Corporation

· Articles of Incorporation and any amendments (must be stamped by the CA Secretary of State)

· Recent Statement of Information or copy of corporate operating agreement indicating officers of corporation.

· Executed Board Resolution or Minutes indicating who is authorized to open bank accounts, sign documents, and transact business on behalf of the organization

Limited Liability Company (LLC)

· Articles of Organization Form LLC-1 (must be stamped by the CA Secretary of State)

· Statement of Information Form LLC-12

· Executed Board Resolution or Minutes indicating who is authorized to open bank accounts, sign documents, and transact business on behalf of the organization