Our business accounts are built to help you succeed.
Illuminus Bank Business Checking Accounts are designed to provide entrepreneurs, startups, and established businesses with a seamless, secure, and rewarding banking experience. Here’s an introduction to what they offer:
💼 Illuminus Bank Business Checking Account: Features & Benefits
1. Flexible, Low-Cost Banking
✅ Zero Monthly Maintenance Fees (for qualifying accounts).
✅ Unlimited Transactions – No restrictions on deposits, withdrawals, or payments.
✅ No Minimum Balance Requirement – Enjoy financial flexibility without penalties.
2. Smart Cash Flow & Payment Solutions
💳 Real-Time Fund Transfers – Move money instantly between accounts or to suppliers.
📅 Automated Bill Payments – Schedule recurring payments for rent, utilities, and payroll.
🏦 Integrated Payroll Services – Easy salary disbursement for employees.
3. Advanced Security & Fraud Protection
🔒 AI-Powered Security Monitoring – Detects suspicious activities and protects funds.
📸 Biometric Authentication & Facial Recognition – Secure access with cutting-edge technology.
🔔 Two-Factor Authentication (2FA) – Extra layer of protection for account logins and high-value transactions.
4. Business Rewards & Growth Benefits
🎁 Cashback & Loyalty Points – Earn rewards for qualifying purchases and transactions.
🚀 Priority Loan Access – Exclusive financing options for business growth.
💰 High-Yield Interest on Account Balances – Earn passive income on deposits.
🔥 Limited-Time Offers for New Business Accounts
✅ $900 Bonus for new business checking accounts meeting transaction criteria.
✅ Zero Fees for First 6 Months – Get started with no additional costs.
✅ Extra Rewards on Business Purchases – Earn bonus points redeemable for travel, office supplies, and more.
Limited Liability Companies (LLC) Checklist
Individuals that need to be present at business bank account opening:
- Member Managed LLC: all members
- Manager Managed LLC: all managers
- If one of the Managers or Members of the LLC is another business, an authorizing representative of that business must also be present.
If you need to add authorized signers to the account, they should be present at account opening. If they cannot be present, they can be pre-authorized during account opening, but will need to go to the branch, with both forms of ID, within 30 days, to be authorized.
If you are applying online, only single-member and single-manager LLCs with one authorizing representative are supported. Multi-member or multi-manager LLCs, LLCs with multiple authorizing representatives, or Non-Profit LLCs are not supported online. Please visit a branch to open these types of accounts.
Sole Proprietors Checklist
Individuals that need to be present at business banking account opening:
- Sole Proprietorships with one owner — the owner
- Spousal Sole Proprietorships — both owners
- Sole Proprietorship Living Trust — the trustee(s)
- Sole Proprietorship with a Power of Attorney — the agent
If you need to add authorized signers to the account, they should be present at account opening. If they cannot be present, they can be pre-authorized during account opening, but will need to go to the branch, with both forms of ID, within 30 days, to be authorized.
If you are applying online, only Sole Proprietorships with one owner are supported. Spousal Sole Proprietorships, Sole Proprietorship Living Trusts, and Sole Proprietorships with a Power of Attorney are not supported online. Please visit a branch to open these types of accounts.
Partnerships Checklist
Individuals that need to be present at business bank account opening:
All General Partners must be present to open the account.
- If one of the General Partners is another business, an authorizing representative of that business must also be present.
- If you need to add authorized signers to the account, they should be present at account opening. If they cannot be present, they can be pre-authorized during account opening, but will need to go to the branch, with both forms of ID, within 30 days, to be authorized.
If you are applying online, partnerships are not supported online at this time. Please visit a branch to open this type of account.
Corporations Checklist
Individuals that need to be present at business bank account opening:
An authorizing representative must be present. This includes: President, Secretary, Assistant Secretary or Acting Secretary.
- Non-Profit Only: A minimum of 2 non-voting board members is required if there are not any voting members.
If you need to add authorized signers to the account, they should be present at account opening. If they cannot be present, they can be pre-authorized during account opening, but will need to go to the branch, with both forms of ID, within 30 days, to be authorized.
If you are applying online, only privately held S- and C-Corporations with one authorizing representative are supported. Non-Profit Corporations are not supported online. Please visit a branch to open this type of account.
Unincorporated Business Association or Organization Checklist
Individuals that need to be present at business bank account opening:
An authorizing representative — either the Secretary or Acting Secretary must be present.
- If you would like to add an authorized signer to your account, they must also be present.
If you are applying online, Unincorporated Business Associations or Organizations are not supported online at this time. Please visit a branch to open this type of account.
What will I need before I apply?
Personal Identification:
- Two forms of ID are required. One ID must be a government issued ID.
- If you are applying online, you must have a State Issued Driver’s License or a State Issued ID card. For your security you may be required to scan your ID.
- Primary ID examples:
- U.S. citizens: state issued driver’s license, passport, etc.
- Non-U.S. citizens:
- Permanent residents:
- Permanent Resident Alien Card (Green Card), state issued drivers licenses, state issued ID card, passport, etc.
- Non-permanent residents:
- Passport, matricula, or U.S. Employment Authorization Card
- Permanent residents:
- Secondary ID examples:
- Credit card/debit card with embossed name, employer ID, utility bill, etc.
- Proof of address or date of birth may be required. Additional forms of ID may be required for non-U.S. citizens.
Tax Identification Number:
- An Employer Identification Number (EIN) is required
- Single Member LLCs may use their SSN or ITIN
- Individual Taxpayer Identification Number (ITIN) may be used for non-U.S. citizen
Business Documentation:
- Varies based on the State of Organization.
- Certified Articles of Organization (Certificate of Formation) – filed with state agency
- Website validation
- Active Status Verification – Limited Liability Companies registered more than 1 year ago also require one of the following: Certificate of Good Standing, Status Report, OR Long Form or Short Form Standing
- Assumed Name Certificate
- Note: If your business is organized in another state, but operates in the state in which the account is opened, documentation is required to certify that the business is entitled to operate in the state in which the business address is located.
Assumed Name Certificate:
- May be required if your business is operating with a DBA (doing business as). For example: Jones Paint Supply LLC DBA Jones Professional Painting LLC
- Not required in HI, KS, MS, NE, NM, WI and WY
- Note: Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA.
Supplemental Documentation listing the current members or managers of the LLC (one of the following):
- Certified amendment to the Articles of Organization or Certificate of Formation
- Operating Agreement
- Meeting minutes
- Annual report or Statement of Information
Manager and Member Managed LLCs
- Legal First Name and Last Name
- Legal business name – only used when an owner of the LLC is another entity/trust.
- Residential address – (Business Address when the owner of the LLC is a business)
- Percentage of ownership
- Date of birth
- Tax Identification Number (e.g. SSN, ITIN, FTIN)
- Country of citizenship
- Non-U.S. citizen without a Permanent Resident Alien Card (Green Card) only: provide identification information from either passport or Matricula Consular Card (i.e., ID number, issuance, expiration date). The physical ID is not required to be shown for those individuals who do not need to be present.
- Note: If applying for a Business Credit Card or safe deposit box it is required to collect the above information for those owners with 25% or more ownership.
- The business address
- Phone number
- Number of business locations
- Where products and services are sold
- Location of suppliers and vendors
- The nature of your business
- Annual sales
- Number of employees
- Types of transactions and volumes you expect to process through the new account
- Full name as it appears on the employee’s government issued ID
- Employee’s residential address
- Employee’s date of birth
Earn A Business Checking Account Bonus
Supercharge your funds with up to a $900 bonus.
Choose the checking account that's right for your business and earn a bonus when you open a new Illuminus Bank Business Essentials® account or Platinum Business Checking account and complete the required activities.
📌 Offer Details
✅ Bonus Amount: $900
✅ Eligibility: Open a new Illuminus Bank Business Checking Account
✅ Deposit Requirement: Meet the minimum deposit threshold within a set timeframe
✅ Transaction Requirement: Complete qualifying transactions to activate the reward
✅ Limited-Time Offer: Available until June 30th, 2025
🔄 Steps to Earn Your Bonus
Step 1: Open a new Illuminus Bank Business Checking Account online or at a branch
Step 2: Deposit the required minimum funds within $5,000
Step 3: Complete qualifying transactions (e.g., bill payments, payroll processing, or business purchases)
Step 4: Receive your $900 bonus credited to your account
🔥 Additional Perks for Business Owners
💳 Zero Monthly Fees for qualifying accounts
🚀 Priority Business Loan Access for established customers
🎁 Bonus Cashback on Business Purchases