The 2 different banks I deal with for non-profits won't require 2 signatures but you can have it as part of your by-laws. I think it's too difficult for them to verify.
Right now the president, the treasurer, the principal, and the school secretary can sign. As president I am holding the checkbook. The treasurer has quit the school, (never letting pto know--not complaining, she was incompetant anyway, and the book is a mess ), the principal was transfered. Am looking forward to finding a new treasurer, vp, and secretary this year. In the mean time I'm the only one doing anything. Planning on having only the president, the vp, and the treasurer on the account. By the way, our bank wouldn't do a two signature only account for us when we asked this past year. :eek: Planning on looking for a new bank as soon as I find a treasurer. [img]smile.gif[/img]
We also require two signatures on our account. Currently we have 4 board members who can sign, President, Treasurer (me), Corresponding and Recording Secretaries. We have the last two because they are accessible for signatures so that I'm not waiting days to send out checks.
We have 2 signers me the prez and out treasurer. I guess I don't think she should have signing authority because she really has nothing to do with the pto other than being the principal's secretary.
), the principal was transfered. Am looking forward to finding a new treasurer, vp, and secretary this year. In the mean time I'm the only one doing anything. Planning on having only the president, the vp, and the treasurer on the account. By the way, our bank wouldn't do a two signature only account for us when we asked this past year. :eek: Planning on looking for a new bank as soon as I find a treasurer. [img]smile.gif[/img]