No matter how much your troop plans on saving or spending, you’ll need a safe place to deposit your troop dues, product sale proceeds, and other funds. If you’ve stepped up to lead an existing troop, you may inherit a checking account, but with a new troop, you’ll want to open a new bank account.
Here are a few helpful tips:
- All troop bank accounts must be opened at Wells Fargo Bank through Girl Scouts of Utah. Contact Girl Scouts of Utah for information and paperwork to open an account.
- Designate a “troop treasurer,” that is, one person who is responsible for troop funds and for keeping a daily account of expenditures.
- Your account will come with a debit card that you can use during activities or trips. These transactions are easier to track in the end of year Finance Report.
- Be prepared like a Girl Scout, and make sure another troop volunteer has access to a debit card for the troop account in case the main card is lost.
- Handle a lost troop debit card the same way you would a personal debit card: cancel it immediately.
- Keep troop funds in the bank before an activity or trip, and pay for as many items as possible in advance of your departure.
Follow your council’s financial policies and procedures for setting up an account. All council-sponsored product program activities have specific banking and tracking procedures.