To open your trust account at a local bank you will need to have the following to take with you (Do NOT take additional documents it will only confuse them!).
- Abstract of Trust
- EIN Confirmation Letter
- Banking Resolution (Please note that everyone that has signed the banking resolution as an authorized representative on the account will need to be present when opening the account. If this is not possible we suggest that you alter your banking resolution to reflect the available trustees that will be present.)
Please also note that not all banks will open a business trust account, you may need to try more than one bank to find success. If you have issues at one bank simply try another.
A word to the wise is to call a few branches first and ask if you can e-mail the documentation so that their legal department can review it as you do not wish to waste a trip and time that is unnecessary.
Contributed by SovereignC0nnection.com