Business Accounts

Required documents needed for opening a Metro Shores Business Account:

Sole Proprietors: DBA (Doing Business As) papers and EIN (Employer Identification Number) assignment paper from the IRS (AKA:Federal Tax ID Number)

Partnerships: DBA (Doing Business As) papers or Partnership Agreement and EIN (Employer Identification Number) assignment paper from the IRS (AKA:Federal Tax ID Number)

Corporations: Articles of Incorporation and EIN (Employer Identification Number) assignment paper from the IRS (AKA:Federal Tax ID Number)

Limited Liability Companies (LLC): Articles of Incorporation or Organization and EIN (Employer Identification Number) assignment paper from the IRS (AKA:Federal Tax ID Number)

Organizations: Organizational papers, Document of Resolution or minutes of an official board meeting naming officers and EIN (Employer Identification Number) assignment paper from the IRS (AKA:Federal Tax ID Number)

Business Savings

Like our personal savings accounts, Metro Shores business accounts may be opened with only a minimum deposit of $5.00.

• Dividends paid when a $50.00 minimum balance is maintained
• $5.00 quarterly service fee waived if a checking account is opened or if the balance in the savings remains over $100

Monthly fee waived on non-profit organization accounts