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Updated 16 days ago, 12/13/2024
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
Hi,
I am having the hardest time finding a bank that will open a checking account for an LLC because it is owned by my Roth IRA.
Apparently this is an issue that other investors have faced as well, because it requires a bank manager to do a minor workaround with a field entry in the system in order to make it work. This requires a series of phone calls where someone along the way always shuts it down.
Rather than continue this agonizing trial-by-error approach, I would appreciate if someone would please refer me to the specific bank branch and bank manager that set up your LLC checking account for you so that I can give them a call. I live near Richmond, VA, but if you have a national bank then I thought I could just have my local branch call the bank manager you used so that s/he can walk my rep through the steps required to make it happen.
Thanks! -Lisa