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Updated 9 months ago on . Most recent reply

User Stats

34
Posts
19
Votes
Amit Shukla
  • Beaverton, OR
19
Votes |
34
Posts

Bank account for Subsidiary LLC

Amit Shukla
  • Beaverton, OR
Posted

Hello,

We moved a property from under my name into an LLC. Property and LLC are both in Texas. We also opened a Holding company in WY. And the Texas LLC is owned by WY holding company.

If you have a similar structure, can you please suggest the bank that you went with to open Texas LLC account? From what I read, the big banks like BoA, WellsFargo will not open account for a subsidiary LLC. Looking for a bank suggestion that you went with and was successful in opening the account.

Most Popular Reply

User Stats

34
Posts
19
Votes
Amit Shukla
  • Beaverton, OR
19
Votes |
34
Posts
Amit Shukla
  • Beaverton, OR
Replied

Thank you, Zack! But I'm looking for the Bank Names and not 'how" to approach. If you know the banks that lend to subsidiaries LLC and understands that an LLC can be owned by another LLC, please let me know.

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