Banking expertise to meet your needs
Business Financing
Solutions tailored for you
Our Business Financing Services
Whether you are starting up or growing your business, our team specializes in business solutions to meet you where you are at. From lines of credit to construction loans to AG loans, to checking and savings accounts, we invite you to experience the Vocal difference. We offer competitive pricing, excellent service, local resources, and expertise.
Opening up a business account can be tedious, but we are here to help and support you during the process. You will need the following paperwork to open each type of business account listed.
Businesses Financing Services
Account Type Required Documentation
For more information on setting up a business account please reach out to Denise Lopp at denise@vocal.coop or 547-3265.
Sole Proprietorship
- 2 ID’s for owner and each signer
- Entity Authorization
- Certificate of Filing from MT Secretary of State
- Account Signature Card
- OFAC for Business and all signers
General Partnership
- 2 ID’s for each signer
- Entity Authorization
- Certificate of Filing from MT Secretary of State
- IRS EIN Designation Paperwork
- Account Signature Card
- OFAC for Business and all signers
Corporation
- 2 ID’s for each signer
- Entity Authorization
- Articles of Incorporation filed with MT Secretary of State, naming managing members
- IRS EIN Designation Paperwork
- Certification of Beneficial Owners
- Account Signature Card
- OFAC for Business and all signers
Limited Liability Partnership
- 2 ID’s for each signer
- Entity Authorization
- Copy of LLP Registration Form filed with MT Secretary of State – Partnership Agreement naming Partners
- IRS EIN Designation Paperwork
- Certification of Beneficial Owners
- Account Signature Card
- OFAC for Business and all signers
Limited Liability Company
- 2 ID’s for each signer
- Entity Authorization
- Articles of Organization filed with MT Secretary of State – Operating Agreement Naming Managing Members
- IRS EIN Designation Paperwork
- Certification of Beneficial Owners
- Account Signature Card
- OFAC for Business and all signers
Non-Profit Organization
- 2 ID’s for each signer
- Entity Authorization
- Bylaws, Charter, or Minutes naming Officers – IRS EIN Designation Paperwork
- Account Signature Card
- OFAC for Business and all signers
*In Order to change signers on any of these type of business accounts you need minutes of the Meeting where the change Was voted on
Business Loans
When you’re buying equipment or stock, paying for construction, or financing a property, you need capital. We have business expertise and competitive pricing to meet your needs.
Who Can i contact?
For more information on Business Financing and Loans, reach out to Dallas Rasmussen at dallas@vocal.coop or 547-3265.
News & Resources
Financial Flexibility: 8 Advantages of a Checking Account
Checking accounts offer people of all ages and stages of life incredible financial flexibility. No matter your monetary situation, checking accounts are incredibly versatile, so they can help you reach your financial goals! Below, we’ll explore the advantages of a...
Can You Get a Personal Loan for Vacation Use?
With travel restrictions lifting across the world, you may be getting the itch to explore and travel. Whether it’s a family road trip to the Grand Canyon or a solo backpacking trip across Europe, you need a healthy budget to go on vacation. If you’re coming up just...
2022 Home and Mobile Banking Security Update
At Vocal Credit Union, the safety of our customers' information is our top priority. To continue to protect our members' information, on Monday, April 11, 2022, we will be enhancing the security of our Home Banking and Mobile App. We will be offering the option to...