Banks for out of State HoldCos

[Alex Iverson]

Hi,

We are having trouble working with our usual Bank, Chase, setting up our HoldCo. We setup a holding company in Wyoming to manage/own our individual LLCs in other states, Nevada and California. The bank says our HoldCo needs to be a registered company in every state.

is there an easier way to set things up? We want the money to flow up to the HoldCo and for the HoldCo to make future purchases and leave our personal finance and credit out of the picture.

Cheers!