Do multiple business owners need to provide information?

Updated October 20, 2026

Yes. Anyone who owns 25% or more of the business must be listed on the application and provide their information. This is a federal requirement for all US banks. For each owner, you'll need to provide: Full legal name and date of birth Social Security number Residential address Email and phone number A photo of their government-issued ID (driver's license, state ID, or passport)