Banking

From AYSO Wiki

Regions may select any bank of choice for their region’s banking needs. Things to consider when selecting a bank include:

  • Online banking
  • Connection to financial management tools such as QuickBooks, Quicken and ZipBooks
  • Online bill-pay
  • Mobile check deposit
  • Electronic payments via ACH, Zelle pay, etc.
  • Proximity to region
    • Due to online banking and mobile deposit, proximity is no longer a top priority. If you are willing and able to visit a bank further away for the initial account set up, the electronic features offered at a bank further away, often outweighs the proximity of a bank branch.

New Accounts, Add/Remove Signers

Typically banks will request corporate documents in order to validate the corporations approval to open new accounts or make changes to said accounts. These documents may include:

Recommended Banks

  • Chase Bank – AYSO office has a relationship with Chase bank. AYSO office can assist with the following:
    • New Accounts
    • Change singers

Non-Recommended Banks

  • Bank of America – This bank tends to link multiple accounts together which causes online access issues. The bank is unable to correct this issue due to their internal account settings.
  • Wells Fargo – We are currently experiencing a hold with Wells Fargo due to organization set up within Wells Fargo. We are in the process of trying to resolve. Until then we are unable to open new accounts.