Business Account FAQs

May I assign a Power of Attorney to my business account?

A personal POA, generally, would not extend powers to act with regard to a business account with the exception of an account of a sole proprietor. However, there may be some exceptions. It is recommended that access to business accounts be requested through the addition of authorized signers. If access is being requested through a power of attorney document, please allow 2-3 days for review.

May I assign a beneficiary (POD) to my business account?

A Sole Proprietorship is the only type of business entity that can add a POD.

Type of Business AccountYESNO
Sole ProprietorshipX 
Type of Business Account
Sole Proprietorship
Yes/No
Yes
LLC X
Type of Business Account
LLC
Yes/No
No
Corporation X
Type of Business Account
Corporation
Yes/No
No
Partnership X
Type of Business Account
Partnership
Yes/No
No

You can find more information about Delta Community's business accounts by visiting Small Business.