Opening or Reactivating a Bank Account

Advantages of a SABS bank account:

  • Continuity of Service 
  • Annual Interest Earned 
  • No Service Charges 
  • No Minimum Balance Requirements 
  • Online Banking Services 
  • Event Supplies and Support 
  • In-Person Electronic Sales Equipment 

Guidelines to open or reactivate an organization’s bank account at SABS:

  1. Your organization must be registered on UConntact. 
  2. Your organization must complete a Banking Contract for the current fiscal year as follows: 
    • The Treasurer, President, and Advisor are required signers. 
    • A fourth signer is required. 
    • A fifth signer is optional. 
    • All signers must be listed as Executive Officers on UConntact. 
  3. The Treasurer must complete the following workshops: 
    • SOLID Treasurer Training – online workshop (available after August 1). 
    • SABS Treasurer Training – online workshop (available after August 1).