FAQs

Opening a New Account

1. What do you need to open a business account?

   We understand that your time is money, so we strive to make opening a business account with us as easy as possible. Please be prepared to provide the following information at the time of opening a business checking or savings account:

   • Personal I.D. for all account signers
   • Employment Identification Number (EIN) or Social Security Number (SSN)
   • Business Type Supporting Documentation
     • Sole Proprietor: Personal I.D. 
     • Single Member LLC: operating agreement, if available
     • LLC*: Articles of organization and operating agreement
     • Corporation*: Articles of incorporation/organization and board minutes
     • Government Entity or Unincorporated Association: Board minutes
     • Partnership*: Partnership agreement, if available

   *Active business registration with Secretary of State required

2. What do you need to open a personal checking or savings account?

   Opening a personal checking or savings account with German American Bank is simple. Just bring the following information to one of our convenient banking offices.

   • Government-issued Identification (i.e. driver’s license)
   • U.S. Taxpayer Identification Number
   • U.S. Citizenship or Resident Alien Status
   • Account information for accounts you would like to close at other banks and move to German American Bank.

3. When will my funds be available of I open a personal checking or savings account online?

   • Funding account using automatic transfer or funds transferred from a non-German American Bank checking or savings account: If account is successfully opened prior to 5 p.m. ET, funds will be available the next business day. If account is successfully opened at 5 p.m. ET or after, funds will be available in 2 business days.
   • Funding account using a credit card or non-German American Bank debit card: If account is successfully opened prior to 5 p.m. ET, funds will be available in 2 business days. If account is successfully opened at 5 p.m. ET or after, funds will be available in 3 business days.

4. After opening my new account online, when will I be able to see my account within online and mobile banking?

   Accounts opened online will be visible in German American Online Banking and our Mobile Banking App within one business day from account opening.