Patriot Act PAPERWORK - oy vay!
The treasurer of our new Progressive Toastmasters Club and I went to open an new account at the local bank today. Thought we'd fill out an application form, sign the signature cards and be done with it.
Silly me. That was the good ol' days before the Patriot Act, the bank lady told us. Now they're in fear of an audit at any moment from the feds so they have to have paper paper paper to validate every account.
We have to provide bylaws, meeting minutes, detailed info on every club officer, business license and Tax ID, permission from the club to open an account, thumbprints, two pieces of personal ID, and several other things. All we want to do is practice talking for crying out loud. Every now and then we will collect modest dues and spend it on paper and occasional refreshments.
If we didn't have to pass along some dues to Toastmasters International a couple times a year ($3/month per member - whoopee!) I'd be tempted to let the treasurer stuff our money in his mattress and be done with it.
Silly me. That was the good ol' days before the Patriot Act, the bank lady told us. Now they're in fear of an audit at any moment from the feds so they have to have paper paper paper to validate every account.
We have to provide bylaws, meeting minutes, detailed info on every club officer, business license and Tax ID, permission from the club to open an account, thumbprints, two pieces of personal ID, and several other things. All we want to do is practice talking for crying out loud. Every now and then we will collect modest dues and spend it on paper and occasional refreshments.
If we didn't have to pass along some dues to Toastmasters International a couple times a year ($3/month per member - whoopee!) I'd be tempted to let the treasurer stuff our money in his mattress and be done with it.
posted by JoieDe at 10:32 PM
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