Form Becu 6873 PDF Details

Embarking on the journey of opening a new business account can often seem like navigating through a maze of paperwork and regulations. The BECU 6873 form, designed for new business memberships and account openings, simplifies this process. This checklist provides a clear overview of what business owners need to prepare to ensure a smooth onboarding experience with Boeing Employees' Credit Union (BECU). Requirements such as having a BECU Business Membership Application filled, providing a Business Taxpayer Identification Number (EIN, TIN, or SSN), and obtaining a Unified Business Identifier (UBI) number are just the beginning. Different types of businesses, from sole proprietorships to corporations, will find specific guidelines tailored to their entity's needs, detailing necessary personal identification for owners and authorized signers, and instructions for completing the BECU Certification Regarding Beneficial Owners form. Additionally, for businesses operating within Washington State, BECU verifies the business and its owners’ status through state websites, emphasizing the importance of having an open and active status. The form also outlines roles for deposit accounts, highlighting options for authorized signers, agents, and the rights of business owners or control persons, further underlining BECU's commitment to providing a comprehensive banking solution. This introduction to BECU's business membership and account opening process, encapsulated within the BECU 6873 form, demonstrates the credit union’s effort to make banking accessible, ensuring businesses are well-informed and prepared as they embark on establishing or expanding their financial foundation.

QuestionAnswer
Form NameForm Becu 6873
Form Length10 pages
Fillable?No
Fillable fields0
Avg. time to fill out2 min 30 sec
Other names6873_612 printable small business loan application form bangor savings bank

How to Fill Out Form BECU 6873

Form BECU 6873 at a glance

What it is: BUSINESS MEMBERSHIP APPLICATION - CORPORATIONS, LLCs, PARTNERSHIPS Welcome to Boeing Employees' Credit Union (BECU).

Who signs: Persons authorized to open this membership with BECU on behalf of the business sign 3. Certificate of Authority. Under SECTION 4 REQUIRED SIGNATURES, for a single owned business the owner signs, and for a multi-owned business all owners with 25% or more ownership sign. Each new Authorized Signer must sign in 5. Additional Authorized Signers (optional).

A filled-in Form BECU 6873 example: an LLC opens a business membership

Form BECU 6873 example filled out, example: an LLC opens a business membership
Sam Sample opens a business membership for Sample Trading LLC at BECU. The LLC uses one address, so the Mailing address is left blank because it matches the location. The picture shows part of page 3; its names and figures are sample values.

How to fill out Form BECU 6873, box by box

Business Information and Ownership

Form BECU 6873 example filled out, business Information and Ownership

1. Business Information and Ownership: Enter the BUSINESS NAME, the DBA (if applicable), the FEDERAL TAX ID NUMBER (mark EIN, ITIN, or SSN) and the STATE UNIFIED BUSINESS IDENTIFIER (UBI) NUMBER.

Enter the BUSINESS LOCATION / STREET ADDRESS, CITY, STATE / PROVINCE, ZIP / POSTAL CODE and COUNTRY.

Enter the BUSINESS PHONE and the EMAIL ADDRESS (optional).

Mailing address (if different from above)

Form BECU 6873 example filled out, mailing address (if different from above)

Enter the "MAILING ADDRESS (if different from above)" box, then CITY, STATE / PROVINCE, ZIP / POSTAL CODE and COUNTRY.

If your situation is different

Select your business type

Select your business type: General Partnership, C. Corporation (Profit and Non-Profit), Limited Partnership / Limited Liability Partnership / Limited Liability Limited Partnership / Professional Limited Liability Partnership, Limited Liability Company / Professional Limited Liability Company, S. Corporation, or Other (please specify).

2. Government Required Information

2. Government Required Information: Enter the NUMBER OF EMPLOYEES, the STATE OF ENTITY FORMATION, the DATE BUSINESS ESTABLISHED and the COUNTRY WHERE BUSINESS ESTABLISHED.

Enter the NAICS CODE and the TYPE OF BUSINESS / PRIMARY FUNCTION. North American Industry Classification System is the standard used by Federal Statistic Agencies to classify business establishments.

Locate your NAICS code on the census.gov/naics website, your Federal Tax return, or your Schedule C.

Mark the acknowledgment that your business does not operate in any of the following restricted industries: money transfer services, businesses operating Internet gambling sites or marijuana dispensaries/businesses, and add your Initials.

Mark Yes or No: Does the business receive revenue from a marijuana related business? What is the % of income or revenue from a marijuana related business?

Anticipated transaction information

Under Anticipated transaction information, mark Yes or No or N/A: Will your business send domestic wire transfers? Enter the Monthly number of domestic wires sent and the Monthly $ amount of domestic wires sent.

Mark Yes or No or N/A: Will your business send international wire transfers? Enter the Monthly number of international wires sent and the Monthly $ amount of international wires sent.

Mark Yes or No or N/A: Will your business have cash deposits? Enter the Monthly number of cash deposits and the Monthly $ amount of cash deposits. Mark Yes or No or N/A: Will your business have cash withdrawals? Enter the Monthly number of cash withdrawals and the Monthly $ amount of cash withdrawals.

Mark the purpose or types of transactions for which your BECU account(s) will be used: Operating / General purpose or Savings / Investment. Mark Yes or No: Do you have accounts for this business with an institution other than BECU?

3. Certificate of Authority

Under 3. Certificate of Authority (persons authorized to open this membership with BECU on behalf of the business), sign on the SIGNATURE line and enter the FULL LEGAL NAME, TITLE / POSITION and DATE.

Any action hereto taken by you is hereby ratified and confirmed by the business. Unless or until BECU is given written notice otherwise, you shall have full power and authority to act on behalf of the business.

4. Membership Agreements

4. Membership Agreements (Continued on the next page.) Under SECTION 4 REQUIRED SIGNATURES, mark Corporation / LLC or General Partnership / Limited Partnership.

Under Membership Agreement Signatures, for each Individual enter the SSN / TIN, Contact Number (Home, Mobile, or Work), Date of Birth, Mother's Maiden Name, Valid Picture ID Number, ID Type, Issue Date, Expir. Date, State & Country Issued, Street Address, City, State / Province, ZIP / Postal Code and Country. Mark Yes or No: Non-resident alien? If non-resident alien, enter the country of origin. Enter the Business ownership percentage and mark Yes or No: Authorized Signer? Then sign on the Signature line and add the Title and Date.

Certification Instructions: Cross out item 2 above if You have been notified by the IRS that You are currently subject to backup withholding because You have failed to report all interest and dividends on Your tax return.

Cross out item 3 and complete a W-8 BEN if You are not a U.S. person.

5. Additional Authorized Signers (optional)

5. Additional Authorized Signers (optional): Authorized Signers are able to perform transactions, open or close deposit accounts or services, and add or remove Agents or Non-Authorized Agents on all business deposit accounts.

6. Agents* and Non-Authorized Agents**

6. Agents* and Non-Authorized Agents** (ID and address for authentication purposes): enter the NAME and mark Agent or Non-Authorized Agent.

Agents have no authority to act on behalf of the business. Non-Authorized Agents may only access information on all your business accounts in person, in Online Banking, or by calling BECU.

7. Deposit Products and Services

7. Deposit Products and Services: A Business Members Share Savings account is required to establish membership at BECU. Under ACCOUNT (1), mark Business Member Share Savings (required); under ACCOUNT (2), mark Business Basic Checking, Business Interest Checking, Business Money Market Account, or Business Savings.

Common questions about Form BECU 6873

Where do I file it?

All information is required unless otherwise noted. Please complete application, sign in ink, and bring to a BECU location to apply. To find a BECU location, visit becu.org/locations.

Sources

[1] BECU 6873 Business Membership Application (04/2019), Boeing Employees' Credit Union (the Official source link on this page).

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