Association or Organization Account

An Association or Organization Account may be used by a PTO, school group, club, neighborhood association, civic group, or other community organization for its ongoing operations and expenses.

DO YOU NEED THIS ACCOUNT

An Association or Organization Account is used to:

• Collect dues, fundraiser proceeds, donations, or event receipts
• Keep organization funds separate from personal funds
• Pay vendors, reimburse volunteers, or make approved purchases
• Maintain continuity when officers or volunteers change

WHAT TO BRING TO THE BANK

Bring the following documents to open an Association or Organization Account:

• Employer Identification Number (EIN) issued by the IRS

TIPS

Take these extra steps to prepare your documents:

• The fastest way to get your Employer Identification Number (EIN) is to go to irs.gov and search for “EIN”. Remember: it is free.

Thank you for your interest in opening an Association or Organization Account at Watertown Savings Bank.