At Grasshopper we pride ourselves on being a digital first bank. However, there are certain situations in which we may ask you for further documentation to validate certain aspects of your business, including but not limited to your EIN, state registration, or ownership.
What documents pertain to your business will vary depending on the business type. Always seek legal counsel if unsure of what documents you need to maintain your business. Below is an non-exhaustive chart of documents different entity types typically have.
Your Employer Identification Number (EIN) is your federal tax identification number. If asked to provide proof of EIN, please ensure your entire EIN number is shown in addition to your business name. The EIN and business name should match the information provided on the application. The following documents will yield your entity’s EIN:
If you are a disregarded entity or a sole proprietorship, you may be using your Social Security Number (SSN) for your business. Please refer to the Internal Revenue Service (IRS) to determine if your entity needs an EIN.
Often called Business Formation Documents, Articles of Organization or Articles of Incorporation, these documents are filed in the state you chose to register your business. Registration documents can typically be found in your state’s Secretary of State online portal.
The document(s) you have to show your company’s ownership(s), director(s), or member(s) will vary depending on the type of entity you have. Here are different documents that may yield this information:
Before submitting your most recent official document, ensure that the names of the individuals and your business are listed clearly.
Grasshopper Bank requires a physical address for entities and individuals that cannot be a mail center (Staples, Fedex, UPS, etc.) or P.O. Box. We accept many forms to validate your address, such as:
There are several acceptable documents to show proof of your business name. These include:
If adding an assumed name, also known as a “Doing Business As” or “DBA”, you will need to provide your DBA or Assumed Name Certificate. Where this alternative name is filed is dependent on your state, but oftentimes it is filed with the Secretary of State, County Deed Office, or the City Clerk. Please refer to your state’s requirements for locating this document.
For more information or questions regarding documents required to verify your business, contact Client Services.
Alena Grey is a seasoned financial crime governance leader with over a decade of experience in BSA/AML compliance and fraud prevention within financial institutions. As BSA Manager at Grasshopper Bank, she spearheads the development and implementation of BSA procedures, ensuring regulatory compliance while mitigating financial crime risks. Alena has a strong track record of building high-performing teams, driving cross-functional collaboration, and forecasting emerging threats to enhance institutional resilience. Before joining Grasshopper, she held key compliance roles at Barclays, Station Casinos, MidFirst Bank, and Nevada State Bank, where she specialized in AML investigations, sanctions monitoring, and regulatory reporting. Recognized for her strategic approach to risk management, Alena continues to lead initiatives that strengthen governance frameworks and align compliance strategies with organizational objectives.
