A church organization will open a bank account like any non-profit organization or business. First, the church organization should get its documents together. These are the documents that form it as an entity and formalize its structure, and it also includes any documents filed with the government regarding its formation. Then, the church organization should make an appointment with a bank to open an account. This appointment should be attended by anyone who will be a signer on the bank account.
During the meeting, the church organization will be asked for information from any of the signers, as well as for the organization’s EIN. An Employer Identification Number (EIN), also known as a tax ID, will be necessary for opening the business bank account, filing taxes, and hiring employees. The signers will need to provide their social security numbers, legal name, mailing address, and IDs. At the end of the meeting, the business bank account will be opened, and debit cards and checks will be sent to the appropriate people.