Bank Research - Revision history

Mkille at 23:56, 19 April 2013

2013-04-19T23:56:41Z

Rfs: /* Implementation */

2006-07-28T01:11:30Z

Implementation

Rfs: /* auto transactions */

2006-07-21T19:37:26Z

auto transactions

Rfs: /* Implementation */

2006-07-21T18:09:08Z

Implementation

Rfs: /* auto transactions */

2006-07-18T18:19:58Z

auto transactions

Rfs: /* Completed tasks */

2006-07-18T18:17:54Z

Completed tasks

Rfs: /* endorsement stamps */

2006-07-18T18:17:40Z

endorsement stamps

Rfs: /* Completed tasks */

2006-07-14T19:19:34Z

Completed tasks

Rfs: /* done */

2006-07-14T19:16:24Z

done

Rfs: /* Implementation */

2006-07-14T19:16:02Z

Implementation

← Older revision		Revision as of 23:56, 19 April 2013
Line 1:		Line 1:
		+	{{Delete}}
		+
	== The winner: First Tech ==		== The winner: First Tech ==
	http://www.firsttechcu.com/		http://www.firsttechcu.com/

← Older revision		Revision as of 01:11, 28 July 2006
Line 10:		Line 10:
	They were excited about Free Geek.		They were excited about Free Geek.

−	~~=== Implementation ===~~

−	~~==== Completed tasks ====~~
−	~~; correct state registry~~
−	:Correct our :([http://egov.sos.state.or.us/br/pkg_web_name_srch_inq.do_name_srch?p_name=&p_regist_nbr=747743-82&p_srch=PHASE1&p_print=FALSE&p_entity_status=ACTINA registry with the state]) so our officers can be verified by the new bank
−	~~:* Note: Laurel's name is spelled wrong~~
−
−	~~; what kind of account?~~
−	~~:Meet with new bank to determine the best type of checking and savings accounts for us.~~
−	~~:* Bring two or three months of statments from old bank.~~
−	:* '''DONE''' The business services officer says ''"Based on the information you provided I would recommend the First Business Checking Basic. As a non profit the monthly maintenance fee is waived, and this product allows you unlimited deposits with no additional fees based on number of checks deposited. Monthly bill pay the first 10 are free any additional are .50 per bill pay each month. As far as the savings account reserve I would recommend the Instant Access which requires an average daily balance of $10K to avoid the $10 monthly service fee, which currently pays a dividend rate of 2.2761%, APY of 2.3% on a daily balance between $5k - $24, 999. The other option would be looking at placing some of the monies in a CD or several CD's. The minimum opening deposit on a CD is $1,000 and the terms vary between 6 to 36 month, with rates varying between 3.6 to 4.9571. Please refer to the rate and fee schedule for the current dividend and APY rate."''
−
−	~~; become a sponsored company~~
−	~~: Register Free Geek to become a ''sponsored company'' at First Tech. (This allows FG volunteers and staff to open accounts at the credit union as well.)~~
−	~~:* (We will be received a company code and posters to advertise to staff and volunteers soon. This did not require a board resolution to accomplish.)~~
−
−	~~; pass board resolution~~
−	~~: done~~
−
−	~~; open new accounts~~
−	~~: Services to set up on opening day (or soon thereafter):~~
−	~~:# main savings account~~
−	~~:# main checking account~~
−	~~:# Set up two savings accounts for PayPal transfers~~
−	~~:# Set up online banking~~
−	~~:# Get signers authorized~~
−	~~:# Order new checks~~
−	~~:# Order debit card~~
−
−	~~;Begin making the regular deposits in new checking account.~~
−	~~: done~~
−
−	~~; paychex~~
−	~~: Point Paychex business to new account. This should be done early in the month as this may(?) require that staff members who have auto deposits on their paychecks fill out new forms).~~
−	~~: done~~
−
−	~~; endorsement stamps~~
−	~~:Order three, one for front desk, one for store, and one for bookkeeping toolkit~~
−	~~:* done~~
−
−	~~; Determine who can see balance information~~
−	~~:Seamus and Richard should be able to see balances, etc., but do not need to be check signers.~~
−	~~:* done -- Richard is not listed as a signer, but can see the balances, etc.~~
−
−	~~==== auto transactions ====~~
−	~~Audit for automatic transactions that land in current bank:~~
−	* Switch them to new bank
−	* Verify that they work
−
−	~~==== close old accounts ====~~
−	~~Transfer remaining money into new bank, closing the old accounts.~~

	== Notes ==		== Notes ==

@@ Line 58: / Line 58: @@
 * Switch them to new bank
 * Verify that they work
 ==== close old accounts ====

@@ Line 50: / Line 50: @@
 :* done
-==== Determine who can see balance information ====
+; Determine who can see balance information
-Seamus and Richard should be able to see balances, etc., but do not need to be check signers.
+:Seamus and Richard should be able to see balances, etc., but do not need to be check signers.
+:* done -- Richard is not listed as a signer, but can see the balances, etc.
 ==== auto transactions ====

@@ Line 59: / Line 59: @@
 * Switch them to new bank
 * Verify that they work
 ==== close old accounts ====

@@ Line 45: / Line 45: @@
 : Point Paychex business to new account. This should be done early in the month as this may(?) require that staff members who have auto deposits on their paychecks fill out new forms).
 : done
 ==== Determine who can see balance information ====

@@ Line 24: / Line 24: @@
 ; become a sponsored company
 : Register Free Geek to become a ''sponsored company'' at First Tech. (This allows FG volunteers and staff to open accounts at the credit union as well.)
-:* '''DONE''' (We will be receiving a company code and posters to advertise to staff and volunteers soon. This did not require a board resolution to accomplish.)
+:* (We will be received a company code and posters to advertise to staff and volunteers soon. This did not require a board resolution to accomplish.)
 ; pass board resolution
-:* '''DONE'''
+: done
 ; open new accounts
-:* Services to set up on opening day (or soon thereafter):
+: Services to set up on opening day (or soon thereafter):
-:*# main savings account '''DONE'''
+:# main savings account
-:*# main checking account '''DONE'''
+:# main checking account
-:*# Set up two savings accounts for PayPal transfers '''DONE'''
+:# Set up two savings accounts for PayPal transfers
-:*# Set up online banking '''DONE'''
+:# Set up online banking
-:*# Get signers authorized '''DONE'''
+:# Get signers authorized
-:*# Order new checks'''DONE'''
+:# Order new checks
-:*# Order debit card '''ON ORDER'''
+:# Order debit card
 ;Begin making the regular deposits in new checking account.
-:* '''DONE'''
+: done
 ; paychex
 : Point Paychex business to new account. This should be done early in the month as this may(?) require that staff members who have auto deposits on their paychecks fill out new forms).
-:* '''DONE'''
+: done
 ==== Determine who can see balance information ====

@@ Line 12: / Line 12: @@
 === Implementation ===
-==== done ====
+==== Completed tasks ====
 ; correct state registry
 :Correct our :([http://egov.sos.state.or.us/br/pkg_web_name_srch_inq.do_name_srch?p_name=&p_regist_nbr=747743-82&p_srch=PHASE1&p_print=FALSE&p_entity_status=ACTINA registry with the state]) so our officers can be verified by the new bank
@@ Line 45: / Line 45: @@
 : Point Paychex business to new account. This should be done early in the month as this may(?) require that staff members who have auto deposits on their paychecks fill out new forms).
 :* '''DONE'''
 ==== Determine who can see balance information ====