Bank Account Opening Resolution / Authorized Signatory Resolution Template

Entity Name: [Company/LLC/Nonprofit Name]
Entity Type: ☐ Corporation ☐ LLC ☐ Nonprofit ☐ Partnership ☐ Other: [Type]
State/Country of Formation: [State/Country]
Principal Address: [Address]

Date of Resolution: [Date]
Meeting Location: ☐ [Address] ☐ Virtual Meeting

1. Authority and Meeting

1.1 A meeting of the ☐ Board of Directors ☐ Members ☐ Partners of [Entity Name] (the “Entity”) was duly called and held on the date above in accordance with the Entity’s governing documents.
1.2 Quorum: ☐ Present ☐ Not required (written consent).

2. Bank Account Authorization

2.1 The Entity is authorized to open and maintain account(s) with:

Bank Name: [Bank Name]
Bank Address (Optional): [Address]
Account Type(s): ☐ Checking ☐ Savings ☐ Money Market ☐ Merchant Services ☐ Other: [Type]

2.2 The authorized representative(s) of the Entity may complete all documents required by the Bank to open and maintain the account(s).

3. Authorized Signers

3.1 The following individuals are authorized to sign on the Entity’s bank account(s) and conduct banking transactions as permitted below:

Authorized Signer #1: [Name], [Title]
Authorized Signer #2: [Name], [Title]
Authorized Signer #3 (Optional): [Name], [Title]

3.2 Transaction Authority (Select All That Apply):
☐ Sign checks and drafts
☐ Make deposits and withdrawals
☐ Initiate ACH/wire transfers
☐ Endorse checks payable to the Entity
☐ Obtain account statements and records
☐ Open additional accounts (if approved)
☐ Close accounts (if approved)
☐ Apply for online banking access
☐ Other: [List]

3.3 Signing Limits (Optional):
☐ No limits
☐ Limits apply as follows:

• Up to $[Amount] per transaction: any one signer

• Above $[Amount]: two authorized signers required

4. Banking Resolutions and Certifications

4.1 The Entity authorizes the Bank to rely on this Resolution until it receives written notice of revocation or replacement.
4.2 The undersigned certifies that this Resolution is in full force and effect and has not been amended or rescinded.

5. Adoption

5.1 This Resolution was adopted on the date stated above by:
☐ Unanimous vote ☐ Majority vote ☐ Written consent

Signatures

Certifying Officer/Secretary: [Name]
Title: [Title]
Date: [Date]
Signature: ___________________________

Chairperson/Authorized Officer (Optional): [Name]
Title: [Title]
Date: [Date]
Signature: ___________________________

Witnesses (If Required)

Witness Name: [Name]
Date: [Date]
Signature: ___________________________

Notary / Notarization (Optional)

State of [State]
County of [County]

On [Date], before me, [Notary Name], personally appeared [Certifying Officer Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to this Resolution, and acknowledged that they executed it for the purposes stated.

Notary Public Signature: _______________________
My Commission Expires: _______________________
Notary Seal (if applicable): ___________________