We make banking simple so you can stay focused on your organization’s mission. We know running a club or an organization can be a lot of work, so you can have peace of mind that your financial needs will be covered with University Credit Union.   

What you’ll need to open a new club or organizational account online

 

Fill out the online application or schedule a flexible virtual appointment with us if you'd like assistance with your application from one of our team members. Make sure you have the required documents listed below for your group's application. 

 

Proof of Eligibility

Proof of eligibility required for all new signers. Minors cannot be added to an organizational account as a signer. Choose ONE of the following documents:

  • Student/Work ID
  • Proof of .edu email address
  • Acceptance or offer letter
  • Alumni card
  • Class schedule
  • Offer letter of employment from an eligible university
     

Social Security Numbers

  • Supply the social security numbers for all the signers on the account
  • If members of your group do not have a social security number, they'll need to have an unexpired government-issued passport and proof of U.S. address

Current Valid ID's of Signers

Select ONE of the following documents:

  • Passport (unexpired)
  • State-issued driver's license or ID (unexpired)

 

Proof of Physical Address

Proof of address is required for all new signers if the address on a signer's ID does not match their current address.

  • Current lease/housing agreement (signed)
  • Statement/Utility Bill
  • Paystub (last 30 days)


Student Organization Information

  • Organizational bylaws or meeting minutes, detailing the people with authority to open an account and transact.
  • Tax Identification Number (TIN)
  • Mailing address

 

The Federal Tax ID Number (also known as the Employer Identification Number or EIN) is a number used to identify your organization. An EIN can be obtained by applying online through the IRS website, by mail or over the phone. If applying online, you will receive your number immediately.

 

To apply online:

 

  1. Go to the IRS’ Apply for an Employer Identification Number (EIN) online web site:
  2. Click 'Apply online now' at the bottom of the page.
  3. Once you have read the instructions on the page, click 'Begin Application'.
  4. Select the 'View Additional Types, Including Tax-Exempt and Governmental Organizations' option when asked, “What type of legal structure is applying for an EIN?”
  5. Any of the following options may describe your type of organization:
    • Church-Controlled Organization
    • Community or Volunteer Group
    • Political Organization
    • Social or Savings Club
    • Sports Teams (community)
  6. Once your selection is made, click 'Continue'.
  7. Confirm your selection and click 'Continue'.
  8. Enter the information for the responsible individual. While the form requires the individual to enter his/her Social Security Number (SSN), it is still the EIN that is used to open an account. The individual’s SSN is obtained for verification purposes only.
  9. Select whether you are an officer or member of the organization or whether you are applying for the EIN as a third party on behalf of the organization then click 'Continue'.
  10. Enter the address information for your organization and click 'Continue'.
  11. Enter the requested information about your organization and its activities in the next 4 steps and click 'Continue' when you are done.
  12. Select whether you would like to receive your EIN confirmation letter online or by mail and click 'Continue'.
  13. Once you receive the information, retain it in your student organization files for current and future leadership.

For assistance you should contact the IRS directly. They can be reached at 1.800.829.4933.

Is your student club or organization interested in financial education opportunities?

Our Growth Team is here to help you with your new club or organizational account.

 

Email us

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