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Deposit Locations

Posted: Mon Nov 15, 2010 4:54 pm
by JimMcKeeth
We are meeting in a new church building temporarily. It is quite a few miles from the Bank of America Branch we previously made our deposits at. There is another Bank of America that is much closer.

Can we deposit at that other Bank of America? Do we need to notify someone that we are changing deposit locations?

Thanks,

-Jim

Posted: Mon Nov 15, 2010 6:55 pm
by aebrown
jimmckeeth wrote:We are meeting in a new church building temporarily. It is quite a few miles from the Bank of America Branch we previously made our deposits at. There is another Bank of America that is much closer.

Can we deposit at that other Bank of America? Do we need to notify someone that we are changing deposit locations?
I've never heard of it making any difference which branch you make a deposit at. We've made deposits at a couple different branches because of construction issues, and it's always worked fine.

If you want to change banks, then you definitely have to coordinate that with CHQ, but changing branches is not a problem.

Posted: Tue Nov 16, 2010 8:16 am
by rwoodmansee
The only issue we ran into when changing branches is when the night depository box required a key. One of our units wanted to use a different branch, the old BofA branch didn't require a key but the new one did.

If the new branch requires a key, call number for MLS support and ask to speak to the BofA representative. They will put you in contact with the right person that can send you the proper documenation that the local branch requires to issue keys to the night depository box.

Posted: Tue Nov 16, 2010 3:46 pm
by JimMcKeeth
I got a hold of someone at CHQ and they said we can only change branches by setting up a different branch through CHQ. Good to know.