On Mon, 2008-08-04 at 05:07 -0700, Duncan wrote:
> On Sunday 03 August 2008 17:01:10 firstname.lastname@example.org 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.
> (Following the list via digest mode.)
> Compass Bank is another 100% online bank. I don't know a lot about them, but
> do know I get a decent amount of their cards thru at work, so people use 'em.
> 100% online, they sand you a card and you can do business at any ATM. They
> refund ATM fees up to X dollars per transaction.
> But I've no idea on business accounts with them, and no idea if they require
> direct deposit or just that you use an ATM for deposits as well.
> 100% online, tho, so there shouldn't be restrictions on locality, except that
> their ATM fee refunds might not cover the full amount of non-US transactions.
> Due to the strengthened banking laws after 9/11, pretty much anything in the
> US is going to require ID verification of some sort. However, I'm not
> certain it would have to be all officers, and since faxed documents are held
> to be legally valid in the US, I'm guessing that's how something that's 100%
> online would work, fax them the IDs. It's possible they'd need notarized,
> but notaries are pretty common.
> Just throwing another option out there. At least here, ask anyone to name an
> online bank, and Compass is likely the name that would come up.
As a follow-up. Compass Bank does offer business checking accounts,
including accounts for non-profits. And New Mexico is one of their
"homes." So, thanks again.
Ferris McCormick (P44646, MI) <email@example.com>
Developer, Gentoo Linux (Devrel, Sparc, Userrel, Trustees)