girl scout bank account rules

If troops/groups are leaving the regular meeting site or are meeting at a time and location different from the regular group meeting, parents/guardians must be informed in writing prior to departure. Girl Scout service units and day camps may also have an account. Bank Account Creation Packet . Meet Your Service Unit. Make changes to a bank account. Reimbursement from a Girl Scout bank account to a volunteer must be issued by an account … There are to be a minimum of two (2) signers on the account. The Service Unit Coordinator – HR or SU designee (sometimes the Finance Coordinator) typically will supply troop bank authorization letters for new troops just forming and needing to open an account or for existing troops that are either changing signers on an account or closing an account at one bank to open a new account at a new bank location. • On-going communication between bank account signers will ensure account activity reconciles with the bank statement monthly. The prerequisites of the Girl Scout Cookie volunteer are: ⬥ Be a registered Girl Scout adult volunteer. The council established a mutually beneficial partnership with BMO Harris Bank providing many benefits to troops such as waiving account fees. Each troop must have two registered, background-checked and approved adults, not related by blood, marriage or partnership, as authorized bank account signers. Establishing a Troop Bank Account All troops are required to hold their Girl Scout funds in a bank account. This is to ensure a clear division between troop funds and a troop leader’s personal funds. Permission slips for each outing or trip must be signed by a parent/guardian. Please note, a volunteer in the Helping Hands role CANNOT be an authorized signer for a bank account iii. It is also important to remember that all volunteers listed on troop/group bank accounts are ultimately responsible for troop/group finances. Girl Scout bank accounts must never be used to hold personal funds or for making personal purchases. Signer 3 initials. Every Girl Scout troop and community/service unit is required to maintain a bank account. Some, but not all banks, give Girl Scout troops/groups free checking accounts & debit cards. It How to Open a Girl Scout Bank Account or Update a Current Account All GSCWM bank accounts must have ACH (Automated Clearing House) capability Ask to speak with a bank manager when setting up or updating your account. If a Girl Scout troop folds, it may donate the funds in its account to charity. This form is used by Service Units or Troops to make requests to: Open a new bank account. If the account balance is over $100, Girl Scouts San Diego will send an email to all registered troop leadership and the service unit treasurer. Cookie Booth Rules. Troop Treasurer Patch Program The Troop Treasurer Patch Program invites Arizona Girl Scouts to become more financially literate . I will use the Girl Scout Promise and Law to guide my choices and actions as an example to others. Carry a cash box or money bag with around $30-$60 in change. No matter how much your troop plans on saving or spending, you’ll need a safe place to deposit your troop dues, product sale proceeds, and other funds. Review the Girl Scout Law. Bank account signers will be held accountable for all financial activity. d. Each troop is allowed only one troop bank account. Only Girl Scouts of Norther California (GSNorCal) troop bank accounts opened through this process are free of monthly service fees. QUICK LINKS TO CHAPTERS: TABLE OF CONTENTS | NAVIGATION | QUICK START GUIDE | ABOUT GSNorCal | VOLUNTEERING | GIRL SCOUT PROGRAM | GIRLS & ADULTS | SAFETY-WISE | MONEY | BIENVENIDO (en Español) | GLOSSARY | Quick Links to MONEY Chapter Topics: Managing Troop Finances | Financial Literacy Skills for Girls | Establishing A Bank Account | Reporting … Troop funds are not the property of any individual girl. Simply log in to MyGS , select “My Account” at the top of the screen, then select “gsLearn” from the left-hand side menu. General Bank Account Procedures All troops/groups shall have a bank account and must use their 5-digit troop/group number. New Troops may open a bank account with a minimum of two signers, but must add the third signer within 120 days of receiving their troop number. If I am unable or unwilling to comply with the above or if I choose not to support the mission, values or goals of this organization, I agree to communicate this to a Girl Scout staff member and be removed as a bank account … PCI Compliance–Info packet and Acknowledgement Form | Online. Girl Scout checking accounts should be fee-free accounts b. Abandoned Girl Scout monies left in bank accounts becomes the property of the Girl Scouts of Northeast Kansas and Northwest Missouri council to be used to support continued members of the Girl Scout program. All Girl Scout funds must be deposited directly into a Girl Scout bank account, never a personal account. I won’t bury the lede: Despite what you might’ve heard, the Boy Scouts of America’s rules do allow for individual Scout accounts. But it’s not that simple. And the explanation won’t be as black and white as you’d like. General Financial Aid Form | PDF. 1. These bank accounts are authorized with a board of director’s resolution which will be distributed to all groups needing bank accounts. Close an existing bank account. Additio… • Take it to the bank! ⬥ Follow all rules and policies, and meet all deadlines. Note that the form will automatically create an "account name" for you to use with application to the bank… Due to the charter agreement and tax laws, Units are “subordinate” to the chartered partner. Usually there is at least one account at your local council service center and some councils keep two accounts (one for Scout Shop & Events and a seperate one for registration). It’s important to ask that before opening an account. Do not open an account directly with Wells Fargo Bank, or any other financial institution. A Service Unit may have one bank account for general use and may have a second bank account for Day Camp use, if desired. All bank account signers must be current registered Girl Scout members and have passed the ouncil’s criminal background check. • Must have account authorization forms from Girl Scouts of Western Ohio with their Tax ID Number • All other required documentation is on file at Findlay Northview 419.424.8560 • Open a Business Standard Checking account for Non-Profit 501(c)(3) 2. Troop Bank Change of Signers Request | PDF | Video. Fire Relief Fundraising Q&A | PDF. A current Girl Scout membership 2. ii. The bank account is to be opened in the name of Girl Scouts of Greater Chicago and Northwest Indiana, Troop Number XXXXX. One troop leader, one adult, and two girls are required to attend a booth sale. Responsibilities include: Maintain the highest level of integrity and uphold the spirit of the Girl Scout Law – namely being honest and fair, being responsible for what I say and do, using resources wisely, and being a sister to every Girl Scout – when managing group finances. Girl Scouts River Valleys has a banking partnership with Wells Fargo making it easy to set up an account. Girls, parents, and alum can join, volunteer, or reconnect. Girls transferring to another troop. All scout units should have a checking account, and many also have a savigns account. All troop monies must be deposited in bank accounts and maintained in the name of both Girl Scouts of Eastern Missouri, Inc. and the number of the troop establishing the account. However, any Troop who wants to participate in a council-sponsored money earning activity such as the Treats & Keeps Program and/or the Girl The Girl Scout online shop requests authorization from your bank for the transaction when submitted. When your order ships, Girl Scout Shop online charges your account and the actual withdrawal takes place. Troop Bank Account Creation Packet | PDF | Video. W9 form you will need to complete this process is also available on the website under the Finance section of the forms. Finance Report Form - Service Unit | Online. SWEEPSTAKES DESCRIPTION: The Girl Scout #GSoutdoorsSweepstakes Facebook, Instagram and Twitter Photograph Sweepstakes ("Sweepstakes"), sponsored by the Girl Scouts of the United States of America ("Sponsor"), allows eligible individuals ("Entrants") to submit a photograph based on phased challenges set by the Sponsor through the Facebook, Instagram and/or Twitter smartphone … Additionally, each Troop bank account must have a minimum of 2 signers who are not related by blood or marriage or living in the same household. Troop treasurers and bank account signers can get started with the below trainings offered in gsLearn: GsLearn is the Girl Scouts’ online learning management system. The following will help you establish a troop bank account: The signers for the checking account must be registered and background screened adult members of Girl Scouts. Service Unit team as a signer on the bank account. Girl Scouts staff and/or Service Unit Managers can call for an account audit at • any time. • The address for the bank account should be the address of the secondary signer. Please allow 3 business days for processing the information. • Prior to receiving Girl Scout Cookie or Treat N Keeps Product selling materials . JOIN TODAY! This banking partnership allows us to manage our financial resources wisely and does not require volunteers to have a third signer on the account. GSCSA will debit troop bank accounts per the instructions provided during training and/or printed materials for the Fall Product Program and Girl Scout Cookie Program. F-34 Procedures for Opening a Bank Account Author: Girl Scouts of San Jacinto Council Subject: Follow these instructions to open a bank account for your Girl Scout troop or group. When a troop wants to set up a new troop account, the All Girl Scout funds must be deposited directly into a Girl Scout bank account, never a personal account. If the account balance is under $100, Girl Scouts San Diego will close the account and transfer the balance to our general fund. The following are the instructions to open a Girl Scout troop bank account. Bank Account Request Form. Girl Scouts of Greater Chicago and Northwest Indiana recommends establishing an account with BMO Harris Bank. If it doesn’t do that, the money is transferred to the service unit to be used for program expenses. ⬥ Honor and live by the Girl Scout Promise and Law. Opening or Changing a Girl Scout Bank Account. Girl Scout bank accounts must never be used to hold personal funds or for making personal purchases. Financial Aid for Fire Victims | Online. All Safety Activity Checkpoints are to be adhered to during any troop/group activities including trips, meetings, overnights, camping and extended trips. Before disbanding, ask your girls how they want to pay it forward: they may decide to donate any unused funds to their service unit or another troop or to pay for girl activities. A signer from your service unit is required on your Troop Bank Account. If you are unsure of who signs bank accounts for your service unit, please reach out to GSCTX Customer Care. Any additional information or comments that would be helpful in processing this bank account request? Please complete the following to open a new or change signers on an existing bank account. How • Coordinate schedules so that all signers can go to the bank together. It is mandatory that there are at least two non-related registered adult signers, with completed background checks, on the account. Signers on group bank accounts are responsible for the money entrusted to that account. Each authorized signer must have: 1. The account must be opened using the tax identification number of Girl Scouts Heart of the Hudson, Inc. Note: One signer must receive bank statements or have access to online banking while another holds checkbook/debit card. Record keeping of funds between different grade levels in multi-level troops it is the responsibility of the troop leadership teams to keep track of the girls' funds and expenses as well as saving for troop travel. *. Troop members are not notified. Your Service Unit is a local group that supports leaders, made up of other … Savings accounts are NOT permitted c. Each troop can only have ONE checking account i. A summary from the Girl Scout Research Institute, provides information about girls and financial literacy and how adults can help girls build financial literacy skills . Those that do not pass may not sign on troop or service unit accounts. If you’ve stepped up to lead an existing troop, you may inherit a checking account, but with a new troop, you’ll want to open a new bank account. In most cases, your bank immediately places a hold on your account for that amount. Troop/service unit will refer to printed or electronic materials for ACH procedures and dates. Safety Activity Checkpoints are available online at girlscoutsGSGCNWI.org/forms. Yes. Your troop is representing Girl Scouts to the community and is expected to behave in a professional manner. Any troop with $25 or more must have a bank account. When a troop disbands, any unused Girl Scout money left in the account becomes the property of the council to be distributed to the service unit the troop was in. Misuse of Girl Scout funds is a serious offense and will be treated as such, including but not limited to termination as a Girl Scout volunteer. A Unit Treasurer should be aware of all of these accounts. Some chartered partners are willing to allow units to use their tax number so their unit will be able to obtain a checking The second signer should review the bank statement each month before the primary signer gets the bank statement. ii. • All signers must bring: Rather than looking for donations, troops can use this portion of their funds to buy the much needed supplies. As a co-leader it is your role to help guide your girls in their financial decisions. Having them learn about saving, earning, and spending can help them in adulthood. Through the chain that includes the service unit, a Girl Scout troop’s bank account belongs to GSUSA, not to the organization that owns the troop’s meeting place. Open a bank account using the following guidelines: a. Account signers must submit the Girl Scout Bank Account Record online form to River Valleys when opening a new bank account. All signers must also pass the bank’s criminal background check (performed by the bank after you submit your paperwork). • The bank account is for the use of the troop for Girl Scout activities and programs. For general information about Service Unit and Troop Bank Accounts, check out our General Information about Bank Account Requests document. It is not required (although strongly suggested) for each Girl Scout Troop to have a bank account in order to operate and function as a Girl Scout Troop. Visit the official site of Girl Scouts of the USA—the preeminent leadership development organization for girls.

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