Associations, Organizations & Small Business Accounts
Associations, organizations and small businesses enjoy the same rates, benefits and privileges as are available to individuals.
Why open a small business account with ECU?
- Free accounts; no monthly or transaction fees, no minimum balance
- Free debit card privileges
- Competitive rates
- 24/7 access to your accounts via online banking
- Personalized and attentive service
Ready to open your business account at ECU?
Call 416-465-4659 or 1-866-844-3828 to schedule an appointment.
All signing officers for the business should attend. Bring with you two pieces of identification (at least one photo ID). There is a non-refundable $50 fee to open a business account.
As cheques for non-personal accounts often need to be custom ordered to meet specialized print requirements, related costs are debited to the account.
Sole Proprietor: Business Name Registration, (Master Business Licence)
Partnership: Partnership Registration (and agreement if applicable), trade name registration or master business licence.
Corporation: Articles and certificate of incorporation, most recent filing listing your directors, Trade Name Registration (if applicable)
If you are incorporated for more than 12 months, one of the following government issued documents: Certificate of Status, Corporate Profile Report, Certificate of Existence or Compliance, Corporate Annual Government Filing, a copy of the Corporation's most recent notice of assessment for income tax, Business Number or the Corporation's most recent GST/PST remittance, Business Licence or vendor permits, health or safety certificates.
Unincorporated Association: Constitutional Documents and bylaws, a document that provides evidence that the individual(s) opening the account on behalf of the association have the authority to do so if no other documentation/formal registration exists, charitable registration number if registered as Not-for-Profit.