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Author Topic: Obtaining an EIN for banking  (Read 111 times)

Offline nairbsnave

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Obtaining an EIN for banking
« on: January 28, 2024, 03:49:30 pm »
I have been elected treasurer for our HBC. I want to open a club bank account and to do so, I need to obtain an EIN. The EIN requires an address for the club (I have asked our local HB supply shop to use their address) and a responsible persons SSN. How have other clubs handled this? Are there drawbacks to using my SSN for this EIN? Thank you in advance for your help.

Offline mabrungard

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Re: Obtaining an EIN for banking
« Reply #1 on: January 29, 2024, 07:14:18 am »
You should consider filing incorporation documents for your club. That enables that entity to obtain an EIN. Incorporation also provides a bit of protection for all club members. 
Martin B
Carmel, IN

BJCP National
Foam Blowers of Indiana (FBI)

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