Need a bank/credit union for LLC series

Las Vegas, Nevada
Personal Finance
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Need a bank/credit union for LLC series

Geoff Prickett
Member since 2024 · 5 posts · 1 vote

Anyone recommend a great bank or credit union for working with Series LLCs?

I’m planning on keeping each property in its own series but I’m having a hard time opening a bank account in the series name.

Thanks.

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Josh St LaurentBusiness Member
Financial Advisor · Stateline, NV · Member since 2023 · 131 posts · 122 votes
10mo

Try Relay bank

[email protected]415-915-5948
Wealth In Yourself57 Reviews
WebsiteView Page
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  • Josh St LaurentBusiness Member
    Financial Advisor · Stateline, NV · Member since 2023 · 131 posts · 122 votes
    10mo

    Try Relay bank

    [email protected]415-915-5948
    Wealth In Yourself57 Reviews
    WebsiteView Page
    1Reply
  • Bethany HulseyPro Member
    Member since 2021 · 21 posts · 12 votes
    10mo

    I work with Prosperity with ours.

    1Reply
  • Devin PetersonBusiness Member
    Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 664 votes
    10mo
    Quote from @Geoff Prickett:

    Anyone recommend a great bank or credit union for working with Series LLCs?

    I’m planning on keeping each property in its own series but I’m having a hard time opening a bank account in the series name.

    Thanks.


    Any DSCR lender will allow for this.

    [email protected]860-538-3672
    ProAlpha Capital56 Reviews
    WebsiteView Page
    1Reply
  • Devin PetersonBusiness Member
    Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 664 votes
    10mo

    TD Bank allows for LLC names, as does Bank of America - not sure if they are local to you.

    [email protected]860-538-3672
    ProAlpha Capital56 Reviews
    WebsiteView Page
    1Reply
  • Stuart UdisPro Member
    Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes
    10mo

    As a general guiding principle, when your entity structure starts limiting which banks are willing to work with you, it is usually a sign that the structure is creating more distraction than value. Anything that pulls your attention away from the activities that actually move the business forward is a clear signal that the setup needs to be simplified.

    [email protected]
    1Reply
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