Click on the link below to access the online Business Deposit Application:
We want to make opening your business account fast and easy. Having these documents ready will move the process along so you can have your account
ready in no time.
1. Federal IRS EIN Certification
2. Secretary of State Certificate of Good Standing
3. Articles of Incorporation or LLC Agreements
USA PATRIOT ACT
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. This is in accordance with Section 326 of USA PATRIOT ACT signed October 26, 2001.
WHAT DOES THIS MEAN FOR YOU AS A NEW CUSTOMER
When you open any type of account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will ask to see your driver’s license or other identifying documents. If you are opening an account on behalf of a business entity, documents relating to the business may also be requested.
WHAT DOES THIS MEAN FOR YOU AS AN EXISTING CUSTOMER
If you presently have an account with us and you open additional accounts, add joint owners to an existing account or apply for a loan, we must also verify and retain copies of your identification.
In all cases protection of our customers identity and confidentiality is
the Banks pledge to you.
We ask for your understanding as we work to support these efforts to maintain the security of your funds and our country.
Thank you in advance for your cooperation
We at Pine Island Bank appreciate your business!
Pine Island Bank
128 South Main – PO Box 68
Pine Island MN 55963
507-356-8328
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