Scouts-L Mail Archive for February of 1999: Re: Troop Bank Account
Re: Troop Bank Account
W. Scott Smith
Mon, 15 Feb 1999 10:44:35 -0500
>I need some info on Troop Bank Accounts. My Chartered Org. wants us >to
have a Bank Acct. so they can write checks to the Unit. I investigated
>that before and was turned off by the fees the banks charge. We >wouldn't
maintain a large balance and the fees would eat us us.
>What are the BSA policies, if any, and how can I avoid the fees?
When I was setting up a bank account for my Venturing Crew, I simply shopped
around until I found a bank that would give us no frills, no fee checking
because of our community service.
The bank we found was Crestar (do you guys have them in Maryland?). We have
a basic account that came with free checks. I specifically set it up so that
I was not personally liable for the account--it is in the name of Venturing
Crew 1776 using our Federal ID Number.
Advisor, Venturing Crew 1776