Opening Bank Accounts

 

Policy Statement

It is the policy of the university that only the Executive Vice President and Chief Financial Officer and the Vice President, Finance and Treasurer shall have the authority to open bank accounts with university funds or to open bank accounts in the name of the university.

Reason for Policy 

This policy is required to designate the university officers or employees who may open bank accounts in the name of the university.

Who is Governed by this Policy

  • Students
  • Staff
  • Faculty

Policy

Therefore, in accordance with Board of Trustee direction, no other officer or employee has the authority to open bank accounts with university funds or to open bank accounts in the name of the university.  

Contacts

Contact Phone Number Email Address
Treasury Management 571-553-4156  [email protected]
Senior Vice President and General Counsel 202-994-6503  [email protected]

Responsible University Official: Assistant Director, Cash and Debt Management
Responsible Office: Treasury Management

Last Reviewed: February 25, 2019

 

Non-compliance with this policy can be reported through this website.