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To: gentoo-nfp <gentoo-nfp@g.o>
From: "William L. Thomson Jr." <wltjr@g.o>
Subject: Re: Gentoo Foundation bank account
Date: Sat, 02 Aug 2008 13:17:55 -0400
On Sat, 2008-08-02 at 02:23 -0400, Kumba wrote:
>
> Well, I don't know much, but the bank my job uses is a new bank I believe, 
> growing fast, and apparently eager to earn new business.  What that translates 
> into, I have no idea.  Worth a shot, though.  They're not located in NM, though, 
> but in MD, so that may or may not be beneficial to us.  Nor do I know if they 
> require in-person meetings for new accounts.  Worth a shot it sounds like.

We can give them a shot, but most banks will likely need to operate in
the state we are registered in. You can't conduct business in a state,
without a business license and other things. I believe that applies to a
bank as well. Since a bank would be opening an account for a New Mexico
entity. That would constitute them doing business in New Mexico.

It's not the same as a customer being remote, and say the account being
created and existing in Maryland. Otherwise my local bank, or any bank
really could choose to open a remote account.

That said it can't hurt to give them a call. But I doubt we can proceed
with them because of the above.

-- 
William L. Thomson Jr.
amd64/Java/Trustees
Gentoo Foundation

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Re: Gentoo Foundation bank account
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-- William L. Thomson Jr.
Re: Gentoo Foundation bank account
-- Kumba
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Updated Jun 17, 2009

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