As a volunteer, here’s what you need to know about troop banking.
Step 1: Read our Volunteer Essentials: Managing Group Finances. This will set you up for success when managing troop funds and proceeds.
Step 2: Set up your account! Be sure to submit the Bank Account and ACH Authorization Forms to us, which is required to get your bank account established.
Step 3: Update banking information. If there has been any changes to your troop leadership or if your troop has disbanded, split, or merged with another troop it is essential that this information is updated with us and your financial institution. Submit a Bank Account Form that includes the changes and reason for the change right away.
Step 4: Use our handy Annual Financial Report Monthly Template to organize your finances throughout the year. Then you'll need to complete the End-of-Year Annual Financial Report, due June 30th each year. Troop Leadership Volunteers can complete the annual financial report in the Volunteer Toolkit via the Finance Tab.
For more information on how to execute this, see the Finance Tab Overview tutorial below!
Need a helping hand?
Contact your Volunteer Support Manager,
who will make sure you have all you need to succeed.