Mobile Menu Trigger Login Business Registration Services Contact Us Get in touch when you're ready to open an account Call Us Talk to a Peoples State Bank representative at 888.929.9902 Visit Us Open your account at one of our Wisconsin locations Incorporate as an LLC or Corporation GET STARTED Overview description: Forming as a Limited Liability Company (LLC) or corporation limits your legal and financial responsibility as a business owner for the activities and debts of the business. It allows you to create a separation of your business assets and personal assets. Benefits of incorporating: Protection of your personal assets Save money on taxes Build credibility for your business Get your Doing Business As (DBA) name GET STARTED Overview description: A DBA name is an official registration of your business name. A good example is if Jane Smith wanted to start "Jane's Tax Services," she would need to file for a DBA. A sole proprietor can operate under a name other than their legal name which can have many benefits, including added credibility and professionalism, as well as level of separation or anonymity. Filing a DBA also means a sole proprietor can open up a separate bank account under the business name (requirements vary), allowing your customers can make payments to the business itself, instead of to you personally. Benefits of filing a DBA: Accept payments and open bank accounts as your business Gain credibility and legitimacy as a business Separate your lines of business Obtain an EIN Tax ID GET STARTED Overview description: An Employer Identification Number (EIN), or Federal Tax ID, is a unique number assigned to your business by the Internal Revenue Service that is used to identify a business entity, allowing you to file business income tax returns. Benefits of filing an EIN: Allows you to be able to open a business banking account The IRS requires that every business have an EIN before hiring employees Filing an EIN allows your business to build its credit profile Operating Agreement GET STARTED An Operating Agreement is an agreement among LLC members about its business and the rights and duties of its members. No matter what method you choose to form your business, an operating agreement is an important asset and the foundation of any LLC. Benefits of having an operating agreement: Clearly outline the details of your business Defines roles and responsibilities of the members of the business Helps protect your personal assets Resource Center Fraud Protection Tools Calculators Blog PEOPLES STATE BANK Peoples State Bank in Wisconsin offers a variety of personal and business banking products and services. Explore our checking accounts, savings accounts, small business loans, mortgages, wealth management services and much more. Bank online, with our mobile app, or visit one of our offices in Wausau, Weston, Marathon, Rhinelander, Minocqua, Eagle River, Wauwatosa, West Allis, Waukesha, or Stevens Point WI. Routing #075911616 ABOUT PEOPLES The Peoples Story Community Investor Relations Executive Management EXPLORE For You For Your Business Contact Us Locations & ATMs Careers SOCIAL Follow us on Facebook Follow us on Twitter Follow us on LinkedIn Sitemap Website Accessibility Privacy Approved to offer SBA loan products under SBA’s Preferred Lender program. © 2018 Peoples State Bank Website by ZAG Interactive