Board resolution format for opening new bank account for church
Here is a sample board resolution format for opening a new bank account for a church:
RESOLUTION NO. [Insert Number]
RESOLUTION TO OPEN A NEW BANK ACCOUNT FOR [Church Name]
WHEREAS, [Church Name] has determined that it is necessary to open a new bank account to manage its financial affairs; and
WHEREAS, the Board of Directors of [Church Name] has reviewed and approved the proposal to open a new bank account; and
WHEREAS, the Board of Directors has determined that it is in the best interest of the church to open a new bank account with [Bank Name] to facilitate the church's financial transactions and to ensure the safekeeping of its funds.
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of [Church Name] hereby authorizes the [Church Name] Treasurer to open a new bank account with [Bank Name] in the name of [Church Name]; and
BE IT FURTHER RESOLVED, that the [Church Name] Treasurer is hereby authorized to sign all necessary documents and to take all necessary actions to establish and maintain the new bank account; and
BE IT FURTHER RESOLVED, that the [Church Name] Treasurer is hereby authorized to deposit and withdraw funds from the new bank account as necessary to conduct the financial affairs of the church; and
BE IT FURTHER RESOLVED, that the [Church Name] Treasurer is hereby authorized to obtain and maintain all necessary records and documentation related to the new bank account; and
BE IT FURTHER RESOLVED, that this resolution shall be effective immediately upon its adoption by the Board of Directors.
APPROVED BY THE BOARD OF DIRECTORS OF [CHURCH NAME] ON [DATE]
Signed:
[Signature of Board Chairperson]
[Signature of Board Secretary]
Note:
- This is just a sample resolution and should be reviewed and customized to fit the specific needs and circumstances of your church.
- It's a good idea to have your church's attorney review the resolution before it is adopted by the board.
- Make sure to keep a copy of the resolution in the church's records and provide a copy to the bank and the church's treasurer.