Your bank wants proof that you have authority to act for the company. A banking resolution is that proof — and most owners don’t have one until the account is already on hold. Guided questions. Bank-ready format. Done.
Create Your Banking Resolution →A banking resolution is the document that authorizes specific people in your LLC to open bank accounts, sign checks, and conduct transactions on behalf of the company. Most banks require one before they’ll open a business account. Minutes.llc generates a defensible banking resolution in 60 seconds — no lawyer needed.
Here is where it bites: you sit down at the bank to open the business account, and the banker asks for a corporate resolution authorizing you to do it. You don’t have one. The account stalls, the wire you needed to send waits, and the deal on the other end keeps moving without you. A banking resolution takes 60 seconds to produce in advance — or hours of friction to scramble for after you’re asked. Read why most LLCs never create one →
A banking resolution is a formal governance record that names who can act for your LLC at a financial institution — and defines exactly what they’re authorized to do.
When an LLC opens a bank account, the bank is handing control of company money to a person. Before it does that, it needs documented proof that the person actually has authority to act for the entity — not just a claim. The banking resolution is that proof. It identifies the authorized signers by name, states the specific powers granted to them, and records the date the authority took effect.
Most LLC owners encounter a banking resolution at one of three moments: opening a new business account, adding or removing a signer, or applying for a line of credit. In each case, the bank wants a current resolution on file before it proceeds. Owners who already have one move through the process in minutes. Owners who don’t end up waiting — or returning with paperwork from an attorney. See how banking authority fits your annual governance records →
A defensible banking resolution is more than a name and a signature. Minutes.llc assembles all of these elements automatically from versioned legal language blocks.
Names the specific individuals permitted to act for the LLC — the people the bank will check against when a transaction is presented.
States exactly what each signer may do: open accounts, sign checks, initiate wires, access online banking, or apply for credit.
Records the date the authority took effect — the timestamp the bank and any later reviewer relies on to confirm authority was current.
A formal provision confirming the resolution was adopted by the LLC and that the named signers genuinely hold the authority described.
Confirms and ratifies prior banking actions taken on the LLC’s behalf — closing documentary gaps before they become questions.
A clean, professionally formatted PDF the bank can accept as-is — no reformatting, no missing clauses, no back-and-forth.
Banks aren’t being difficult. They are protecting themselves — and the resolution is how they verify that the person in front of them can legally bind the company.
Opening an account: Without a banking resolution, the bank has no documented evidence that you — rather than some other member or manager — are authorized to open and control the account. Many banks will simply decline to proceed until you produce one.
Moving money: If a signer’s authority is ever questioned — a disputed wire, a contested withdrawal — the bank looks to the resolution to confirm the transaction was authorized. No resolution can mean a frozen account while the bank sorts out who had authority.
Applying for credit: Lenders reviewing a business loan or line of credit want to see that the person signing the application is authorized to commit the LLC. A missing or outdated resolution can delay or derail the application. What to confirm before your LLC commits to anything →
Your bank is going to ask. Have the resolution ready before they do — 60 seconds, guided questions, bank-ready PDF.
Create Your Banking Resolution →Owners often assume their operating agreement covers banking. It usually doesn’t — and banks rarely accept it as proof of signing authority. These two documents do different jobs.
In short: the operating agreement says who owns and runs the LLC; the banking resolution says who can act for it at the bank. Most LLCs need both. An operating agreement alone won’t open the account — and a banking resolution doesn’t replace your operating agreement. Why your operating agreement isn’t enough →
You answer a few guided questions. The system assembles the legal language. You sign. The whole process takes about 60 seconds — and produces a document built to hold up.
| Feature | Free Template | Attorney-Drafted | Minutes.llc |
|---|---|---|---|
| Time to create | Hours (fill blanks) | Days (back and forth) | 60 seconds |
| Authority statement | ❌ Usually missing | ✅ If requested | ✅ Automatic |
| Ratification clause | ❌ | Varies | ✅ Automatic |
| SHA-256 hash verification | ❌ | ❌ | ✅ Every document |
| Audit trail | ❌ | ❌ | ✅ Immutable |
| Bank-ready format | Varies | ✅ | ✅ |
| Cost | Free | $300–$500 | From $9.99/month |
The difference isn’t just speed. A free template hands you a blank form and leaves the legal language to you — which is exactly where the authority statement and ratification clause get omitted. Minutes.llc builds those clauses in by default, drawn from versioned, pre-approved language blocks. You select; the system assembles.
Every finalized banking resolution includes SHA-256 hash verification — the digital equivalent of a notary’s seal. It proves the document existed in this exact form on a specific date and hasn’t been altered since. No free template or attorney letter offers this. How to prove your LLC documents weren’t altered →
The bank is the reason you create it — but the resolution does double duty as evidence your LLC is run as a separate entity.
When a court evaluates whether to pierce an LLC’s liability shield, it looks for governance records showing the company made deliberate, documented decisions — rather than operating as an extension of its owner. A banking resolution authorizing accounts and signers is one of those records. Keeping current resolutions on file strengthens veil piercing protection alongside your annual written consents and distribution authorizations. How courts in California weigh LLC records → · Compare your options for LLC governance records →
A banking resolution is a formal governance document that authorizes specific individuals to act on behalf of an LLC for banking purposes. It names who can open accounts, sign checks, initiate wire transfers, and manage company funds. Banks require it because they need legal proof that the person acting for the LLC actually holds that authority. It is one of the most commonly requested LLC governance records.
Yes. Even when you are the only member, most banks ask for a banking resolution before opening a business account, and a documented authority record helps demonstrate your LLC operates as a separate entity. For single-member LLCs the line between owner and company is easiest to blur, so a banking resolution naming the authorized signer strengthens veil piercing protection.
An operating agreement is the internal contract that governs ownership, management, and profit sharing among members. A banking resolution is a single-purpose document that grants named individuals authority to act with financial institutions. Banks accept the resolution as proof of signing authority; they rarely read the full operating agreement. Most LLCs need both, and they serve different functions.
Yes. A banking resolution does not require an attorney. Minutes.llc generates a defensible banking resolution from guided questions in 60 seconds, assembling versioned legal language blocks with built-in authority and ratification clauses. A lawyer typically charges $300 to $500 for a single resolution, while Minutes.llc produces a bank-ready document with SHA-256 hash verification at a fraction of that.
No. Minutes.llc is a document automation platform, not a law firm, and it does not provide legal advice. Using the service creates no attorney-client relationship. It assembles governance documents from versioned, pre-approved legal language blocks. For legal questions specific to your situation, consult a licensed attorney.
Minutes.llc is a document automation platform. It is not a law firm, does not provide legal advice, and no attorney-client relationship is created by using this service. Consult a licensed attorney for legal questions specific to your situation.
Guided questions. Bank-ready format. Secure storage. 60 seconds from now, your LLC has the banking resolution it needs on file.
Create Your Banking Resolution →