Corporation

A corporation is a legal entity. It can enter into contracts and own property in its own name, separately and distinctly from its owners.

Please provide us with the following documents for a seamless onboarding process:

Business Details Required:

1. Certificate and Articles of Incorporation
2. Officer Registry
3. Director Registry
4. Shareholder Registry
5. Resolution for banking/signing authority
6. Business address and Business mailing address (if different)
7. Business phone number
8. Business email
9. Business Name Registration (If operating under a trade name)
10. Borrowing bylaws (If lending is required)

Details of Business Owners, Authorized Signatories⁺, and Authorized Users* Required:

1. Full legal name
2. Government-issued photo identification
3. Employment information including employment status, industry, occupation
4. Home address
5. Phone number
6. Email

Beneficial Owners wtih 25% or more ownership:

1. Full legal name
2. Home address
3. Percentage of ownership

If the beneficial owner pays taxes in another country other than Canada we also need:

1. Country they pay taxes in
2. Country's tax identification code

NOTE: Additional documents may be requested by Brunswick Credit Union during the process.

+ Authorized Signatory is someone the member has officially given permission to act for them when dealing with the Credit Union, like signing documents, setting up accounts, or making transactions
* Authorized User is someone the member has given permission to manage the account, like making transactions.

Sole Proprietorship

A sole proprietorship is a business that is owned and operated by a single person.

Please provide us with the following documents for a seamless onboarding process:

Business Details Required:

1. Business address and Business mailing address (if different)
2. Business phone number
3. Business email 
4. Business Name Registration (If operating under a trade name)

Details of Sole Proprietor, Authorized Signatories⁺, and Authorized Users^* Required:

1. Full legal name
2. Government-issued photo identification
3. Employment information including employment status, industry, occupation
4. Home address
5. Phone number
6. Email
7. SIN (Sole proprietor only)

NOTE: Additional documents may be requested by Brunswick Credit Union during the process.

+ Authorized Signatory is someone the member has officially given permission to act for them when dealing with the Credit Union, like signing documents, setting up accounts, or making transactions
* Authorized User is someone the member has given permission to manage the account, like making transactions.

Partnership 

A partnership is a business agreement between two or more individuals who share management and profits.

Please provide us with the following documents for a seamless onboarding process:

Business Details Required:

1. Business address and Business mailing address (if different)
2. Business phone number
3. Business email
   
4. Business Name Registration (If operating under a trade name)

Details of Authorized Signatories⁺, and Authorized Users^* Required:

1. Full legal name
2. Government-issued photo identification
3. Employment information including employment status, industry, occupation
4. Home address
5. Phone number
6. Email

Beneficial Owners wtih 25% or more ownership:

1. Full legal name
2. Home address
3. Percentage of ownership
4. SIN

If the beneficial owner pays taxes in another country other than Canada we also need:

1. Country they pay taxes in
2. Country's tax identification code

NOTE: Additional documents may be requested by Brunswick Credit Union during the process.

+ Authorized Signatory is someone the member has officially given permission to act for them when dealing with the Credit Union, like signing documents, setting up accounts, or making transactions
* Authorized User is someone the member has given permission to manage the account, like making transactions.

Not-for-profit Organization or Charity

A not-for-profit organization or charity is an organization that does not earn profits for its business owners, but where profits are used in pursuing the organizations’ objective and to keep it running.

Please provide us with the following documents for a seamless onboarding process:

Business Details Required:

1. Articles of Association (Letters Patent)
2. Resolution for banking/signing authority
3. Business address and Business mailing address (if different)
4. Business phone number
5. Business email
6. Listing of Board of Directors
7. Business Name Registration (If operating under a trade name)

Details of Authorized Signatories⁺, and Authorized Users^* Required:

1. Full legal name
2. Government-issued photo identification
3. Employment information including employment status, industry, occupation
4. Home address
5. Phone number
6. Email

NOTE: Additional documents may be requested by Brunswick Credit Union during the process.

+ Authorized Signatory is someone the member has officially given permission to act for them when dealing with the Credit Union, like signing documents, setting up accounts, or making transactions
* Authorized User is someone the member has given permission to manage the account, like making transactions.