To manage your organization's finances you may need to open a commercial bank account. Commercial banks are defined as any bank that offers services to the general public, is outside of the University’s financial systems, and includes banks with locations on campus. Faculty/staff advisors may not serve as signatures of RSO commercial bank accounts.
Opening a Student Organization/Non-Profit Checking Account
What you will need:
Meeting minutes signed by your faculty/staff advisor detailing the following:
- Organization title (all checks made payable exactly as the organization title)
- Authorized signers and title (faculty/staff advisors are not to serve as signatures of bank accounts)
- Faculty advisors name and signature
- Date organization was established
- Purpose/mission of organization
- Officers of the organization
- Date on the meeting minutes
Tax Identification Number
- Apply through the IRS EIN website
All accounts signers MUST be present at the time of account opening with personal identification including:
- Social security number
- Present address
- Phone number
- Email address
Proper identification for each signer (1 for each signer):
- State ID
- US Military ID
- Foreign passport
- Canadian driver license
- State driver license
- US Alien registration – immigration passport
- Mexican consulate/Matricula ID
$100 minimum opening deposit
Change in Signers for Student Organization/Non-Profit Account
What you will need:
Meeting minutes signed by your faculty/staff advisor detailing the following:
- Organization title (all checks made payable exactly as the organization title)
- Authorized signers and title (faculty/staff advisors are not to serve as signatures of bank accounts)
- Faculty advisors name and signature
- Date organization was established
- Purpose/mission of organization
- Officers of the organization
- Date on the meeting minutes
All accounts signers MUST be present at the time of account opening with personal identification including:
- Social security number
- Present address
- Phone number
- Email address
- Proper identification for each signer (1 for each signer):
- State ID
- US Military ID
- Foreign passport
- Canadian driver license
- State driver license
- US Alien registration – immigration passport
- Mexican consulate/Matricula ID