How to Open a Church Bank Account
Like any business, a church takes in money in the form of collections and donations and pays monthly bills. A checking account is needed to help process these transactions, but many people are unsure precisely how a church or other non-profit organization goes about getting an account.
1 Call or visit the websites
Call or visit the websites of local banks to obtain information about the types of accounts they open for churches or non-profits. Be sure to obtain information about monthly fees, interest rates and any other pertinent information.
2 Conduct
Conduct a meeting with the church's officers or decision-making body, if necessary. Present the findings, and vote upon a course of action.
3 Decide sign for the account
Decide who will sign for the account during the meeting. Plan a day and time when all signers can travel to the bank to open the account.
4 Gather necessary documentation
Gather necessary documentation, such as the church's EIN number as well as the 501c3 tax-exempt status certificate to prove the non-profit's existence. All signers may be asked for photo identification, so be sure to advise them all to bring one along.
5 Prepare a brief statement
Prepare a brief statement on the church's letterhead listing the officers of the church by name and position. Bring it along in case it is needed.
6 Gather the funds for the initial deposit
Gather the funds for the initial deposit. Be sure to inquire with the bank for the necessary amount.
7 Meet
Meet at the bank and open the account.
8 Sign the necessary signature cards
Sign the necessary signature cards and account documents. Order checks, and make the initial deposit.
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