W
elcome
!
Your money stays here, works here,
and that makes a difference.
Welcome to The Bank of Bennington,We are pleased you have decided to open your accounts with The Bank of Bennington. This ‘Switch-Kit’ is designed to help make moving your accounts easy and convenient.
We would be happy to help you complete any of the attached forms. For assistance, please call a Customer Service Representative or stop in to your local office of The Bank of Bennington.
Bennington
155 North Street 802-442-8121 fax 802-442-1641 32 Phyllis Lane 802-445-3123 fax 802-445-3142Manchester Center
78 Center Hill 802-362-4760 fax 802-362-0577Arlington
3198 Route 7A 802-375-2319 fax 802-375-2617Lobby and Drive-Up Hours Mon-Thurs: 8:00 am–5:00 pm Fri: 8:00 am–6:00 pm
Drive-up opens at 7:30 am M–F Lobby and Drive-Up Hours Mon, Thurs, Fri: 9:00 am–6:00 pm Tues, Weds: 9:00 am–5:00 pm Sat: 9:00 am–1:00 pm
Lobby and Drive-Up Hours Mon-Thurs: 8:00 am–5:00 pm Fri: 8:00 am–6:00 pm Sat: 9:00 am–12:00 pm
Lobby and Drive-Up Hours Mon-Fri: 8:00 am–5:00 pm Sat: 9:00 am–12:00 pm
Drive-up ATMs at each office and at the following locations: 219 Benmont Avenue, Bennington
307 Vermont Route 7A, Shaftsbury
OnLine Banking
www.thebankofbennington.com
Telephone Banking
e
asy
s
Witching
Your money stays here, works here,
and that makes a difference.
To Get Started:
(Page 3)Complete the attached Commercial Account Application. Bring it in with you along with proof the business is registered with the state in which it operates. One of our friendly customer service representatives will be happy to assist you. If you can’t make it to the bank, call and we will come to you.
To Change an Automatic Deposit or Payment:
(Page 4/5) 1 Contact the merchant.2 Give them your new business account number provided by The Bank of Bennington.
3 Give them The Bank of Bennington Routing Number.
To Close an Account and Transfer any Remaining Funds:
(Page 6) 1 Make sure all checks have cleared the old business account.2 Make sure direct depositis and automatic payments are established with the new business account.
3 Contact the old bank and ask them to close the business account.
o o o o o o o o o o
o o o o o o o o o
2 1 1 6 7 2 6 0 9
c
ommercial
a
pplication
COMMERCIAL/BUSINESS APPLICANT
Please provide the following information:
Legal Business Name/Title: Street Address:
Mailing Address (if different from above):
City: State: Zip Code:
State in which the company is incorporated: Tax ID #:
Business Phone: Business Fax:
Business Email: Website:
Type of Business: Year Established:
Type of Ownership:
o Sole Proprietor o Limited Partnership o Limited Liability Co. (LLC)
o Corporation o Non-Profit 501c3 o Other:
1. Registered Money Service Business (MSB): o Yes o No
a. Does the business exchange currency, cash checks, or issue or sell prepaid access cards? o Yes o No b. Does the business deal with virtual currency (Bitcoin)? o Yes o No
2. ATM Owner / Operator – is there an ATM at this business location? o Yes o No a. Who owns the ATM?
b. Who services / adds cash to the ATM?
3. Wire Transfers – Will the business need wire transfer services? o Yes o No To what countries:
How often? o Daily o Weekly o Monthly
4. Coin and currency – will the business have large cash deposits or withdrawals? o Yes o No 5. Internet Gambling – does this business engage in any Internet Gambling? o Yes o No
6. Remote Checks – does the business create paper checks drawn from its customers’ accounts based on verbal or electronic authorization over the telephone or online? o Yes o No
7. Other services requested (check all that apply)
o Online Banking o Online Bill Pay o ATM / Debit Card o Remote Deposit Check Capture o Payroll Services o Electronic Statements o Merchant Credit Card Services
Please answer the following questions:
By signing below you authorize us to verify any information provided to us by you and to obtain your credit report from an applicable credit reporting agency now or at any time in the future and you further authorize any such agency to furnish us with your credit and financial history information as well as the information we deem necessary to comply with the USA PATRIOT Act. You acknowledge that you have received the account agreement and related disclosures for the account you are applying for, and that you agree to accept the terms and conditions found therein. You further acknowledge receipt of the bank’s Service Fee Schedule and agree to pay for any fees that you incur. You understand that items presented for payment against insufficient or unavailable funds in your account may not be paid and will incur a fee. If your account has repeated overdrafts, it will be subject to closure.
Authorized Signer 1: ____________________________________ Title: ________________________ Date: ____________ Authorized Signer 2: ___________________________________ Title: ________________________ Date: ____________
Date of Application: E Funds Auth #: Account #: CSR Initials: 1. MSB: o Y – DNO o N – OK
a. MSB Activity: o Y >$1,000/day/person – DNO o Y <$1,000 – AML o N – OK 2–4. o Y – AML o N – OK
5–6. o Y – DNO o N – OK Comments:
If account is denied:
o Denied due to credit o Denied due to CIP
For Bank Use Only
a
utomatic
D
eposit
r
equest
To Whom it May Concern:
Please accept this letter for automatic deposit to the business account held at The Bank of Bennington. o Establish Automatic Deposit
o Change my existing Automatic Deposit
Payee Name: ____________________________________________________________________ Payee Address: ___________________________________________________________________ City: _____________________________________ State: _____ Zip: ______________
Business Information
Name: ________________________________________________________________________ Address: _______________________________________________________________________ City: _________________________________________ State: _____ Zip: ______________ Phone number: ______________________
Bank Account Information
The Bank of Bennington
155 North Street Bennington, VT 05201 (802) 442-8121
Routing Number:
211672609
Account Number:
Account Type: o Checking o Savings
I authorize _________________________________________ (company name) to make deposits into the business account at The Bank of Bennington as indicated above, and to make (if necessary) adjustments for any credit made in error to my account. This authority will remain in effect until I have given written notice to terminate this service. Signature: ________________________________________ Date: ___________________
ATTACH A VOIDED CHECK HERE
a
utomatic
p
ayment
r
equest
To Whom it May Concern:
Please accept this letter for payment from the business account held at The Bank of Bennington. o Establish Automatic Payment
o Change my existing Automatic Payment Amount: $ ______________________ Company Name: ________________________________________________________________ Account Number: _______________________________________________________________
Business Information
Name: ________________________________________________________________________ Address: _______________________________________________________________________ City: ____________________________________________ State: _____ Zip: ______________ Phone number: _____________________Bank Account Information
The Bank of Bennington
155 North Street Bennington, VT 05201 (802) 442-8121
Routing Number:
211672609
Account Number:
Account Type: o Checking o Savings
I authorize _________________________________________ (payee) to initiate payments from the business account at The Bank of Bennington, and to make necessary adjustments for any debit made in error to my account. This authority will remain in effect until I have given written notice to terminate this service.
Signature: ________________________________________ Date: ___________________
a
ccount
c
losing
r
equest
To Whom it May Concern:
Please close the business account(s) described below effective ____________ (date) as indicated. Please process this request and forward any remaining funds in the account(s) by check to the address indicated below.
The following account number(s) indicate the account(s) to be closed1: Checking Account: ______________________________
Savings Account: ________________________________ Certificate of Deposit: ____________________________
If you have any questions about this request, please contact me immediately. Otherwise, please send any remaining funds by check to the following address:
Name: ________________________________________________________________________ Address: _______________________________________________________________________ City: ____________________________________________ State: _____ Zip: ______________ Phone numbers: _____________________ ______________________
Signature: _________________________________________ Date: ___________________
1 If the account you are closing is a Certificate of Deposit, penalties may apply for early withdrawal. Indicate the date that you would like the account to be closed to avoid premature closure penalties.
o
nline
B
ill
p
ayment
ONLINE BILL PAYMENT CHECKLIST
Mortgage / Rent
Home / Renter’s Insurance Auto Loan /Lease
Auto Insurance Health / Life Insurance Electricity / Gas Company Water
Oil Company
Home / Cellular Phone Long Distance
Cable TV
Auto Club (AAA, OnStar, Etc.)
Memberships (Health Club, Magazine Subscriptions, Etc.)
Credit Card
Department Store Credit Cards
Loans (Personal, Student, RV, HELOC, Etc.) Transportation / Parking
Savings / Investments / Annuity Payments Other:______________________ Other:______________________
