Military Unit Organization Accounts
ACU is ready to serve by offering free organizational accounts to military unit organizations. Below is a checklist to utilize when preparing to open a military fund account with ACU.
Required FRG Opening Account Documentation
FRG (Family Readiness Group. Checklist also used for “Cup and Flower” and similar accounts)
- DOD Memorandum from the Current Commander stating the following (must be specified)
- Authority to open account at ACU
- EIN#
- FRG Name (much match IRS EIN documents)
- Authorized signers names
- Change of signers
- Powers/duties to conduct banking services with ACU (i.e. types of accounts to open)
- Debit Cards/Checks to be issued if applicable
- Whether or not dividends will be forfeit
- Current Commander’s signature
- DOD Assumption of Command Letter/Memorandum (references AR 600-20 authority & signed by CDR)
- TIN: IRS-issued EIN (Get an EIN here). Note: Name of Unit Organization must exactly match EIN registration.
- ID – State–issued DL/ID, passport of authorized signers
Required FRG Update Account Documentation
FRG (Family Readiness Group. Checklist also used for “Cup and Flower” and like accounts)
- DOD Memorandum from the Current Commander stating the following (must be specified)
- Authority to update/change account at ACU
- EIN# (must match current FRG account EIN)
- FRG Name (must match current FRG account name)
- Authorized signer(s) names to be removed
- Authorized signer(s) names to be added
- Final complete list of authorized signers remaining on the account
- Debit Cards/Checks to be issued for new signers if applicable
- Whether or not dividends will be forfeit
- Current Commander’s signature
- ID – State–issued DL/ID, passport of authorized signers
If current Commander is different from last recorded Commander listed on account, also provide the following:
- DOD Assumption of Command Letter/Memorandum for current commander (references AR 600-20 authority & signed by Commander)
Questions?
If you have any questions regarding any of the required documents or which documents are needed to close an existing account, please contact ACU.