Banks stopped opening accounts requiring two signatures!!!
by Nichole Keel
We have been trying to open a bank account for our small church, and we are running into the issue of banks refusing to open or guarantee an account that requires two signatures on checks!!!!
I spoke to these banks, and they all say it is either too much liability for the bank or it is impossible to enforce on their end.
How do you feel about changing the church resolution to just one signature on checks? I know for me it makes me quite uneasy!!!