[CyberTOPS] bank accounts question

Francie Carlson flc at fairpoint.net
Sat Apr 25 06:29:44 CDT 2009


If the old treasurer is still a member of your chapter, ask him or her to
help the new treasurer with the books for a short time.    You may want to
take your books to the credit union to have them go over them with you.
Ask the credit union if mistakes made in TOPS will effect your credit.

-----Original Message-----
From: cybertops-bounces at cybertops.net
[mailto:cybertops-bounces at cybertops.net] On Behalf Of acm
Sent: Friday, April 24, 2009 10:44 PM
To: cybertops at cybertops.net
Subject: [CyberTOPS] bank accounts question

Hello

I ahve a question. I went to the bank to change the signing officers on the
tops account. we have three signatures required on the account. the bank is
a
credit union and I am in Canada. The bank told me that two of us needed to
be
members of the bank and had to submit to credit report. (my credit is fine
but
I am afraid that mistakes made in tops could effect my credit) the two of us
that are members of the bank are 100% responsible for any fraudulent
activity
that could happen on the account. this has made me very nervous as to my
liability especially as our treasurer appears to be really struggling with
keeping the books (and she has just taken over)

I am wondering how other chapters handle this and how to minimize my
personal
liability

any advice is welcome

thanks
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