Re: [gentoo-nfp] Gentoo Foundation bank account

[Ferris McCormick]

On Wed, 2008-08-13 at 18:03 +0100, Roy Bamford wrote:
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> On 2008.08.13 01:31, Ferris McCormick wrote:
> > On Tue, 12 Aug 2008 18:43:34 -0400
> > "William L. Thomson Jr." <wltjr@g.o> wrote:
> >
> > > On Sat, 2008-08-02 at 07:55 -0500,
> > gibbonsr-ml@××××××××××××××××××.com
> > > wrote:
> > > >
> > > > Another option, that might be fit our role more is some direct or
> > online
> > > > banking. ING.com is one of the biggest ones. Capital One is
> > another one
> > > > but I don't care for them as a company ..  personal preference.
> > That
> > > > would get by the problem of having to be close by.
> > >
> > > Looks like Capital One is a winner. We only have to provide them
> > with
> > > whom ever we want on file as authorized signers. We do not have to
> > put
> > > on file all officers. No one has to go to NM, or anything physical.
> > > Because they offer direct bank accounts, accessed purely online.
> > >
> >
> > Now, that is great news.  Thanks for all the effort you've put in on
> > this.
> >
> [snip]
> > > --
> > > William L. Thomson Jr.
> > > amd64/Java/Trustees
> > > Gentoo Foundation
> > >
> >
> > Thanks again,
> > Regards,
> > Ferris
> >
> > --
> > Ferris McCormick (P44646, MI) <fmccor@g.o>
> > Developer, Gentoo Linux (Sparc, Devrel, Userrel, Trustees)
> >
> Team,
>
> I'm quite keen not to be a signatory since I'm not in the US.
> Capital One (in the UK) already have my personal data as until
> recently, I had an account with them.
>
> Point to ponder ...
> Should only trustees be signatories or should we permit officers to
> operate the account too?
> Trustees serve as officers today but that may not always be the case.
> Indeed, it may be desireable to split the roles.
>

I firmly believe officers should be allowed signatories as well as
trustees.  So far as I know, that's how almost all corporations work.
Day to day work is under the direction of the officers.  (As an example,
I looked at one bank --- Bank of America --- and initially they wanted
to know about one of three officers (Pres, VP, Treasurer) and would have
wanted a letter from the Secretary.)

I have no idea what Capital One will want --- William does, though.

> William,
> Thanks for all the legwork.
>
> - --
> Regards,
>
> Roy Bamford
> (NeddySeagoon) a member of
> gentoo-ops
> forum-mods
> treecleaners
> trustees
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Regards,
Ferris
-- 
Ferris McCormick (P44646, MI) <fmccor@g.o>
Developer, Gentoo Linux (Devrel, Sparc, Userrel, Trustees)