Question: What type of bank account
We just started up a PTO in our middle school and have yet to create a bank account. What type of account is best? Checking? Savings? Personal? Business?
Asked by jcramsey81
Advice from PTO TodayCraig writes:
You need a checking account. PTOs have some unique needs, so the questions to ask focus on fees. For instance, you're likely to have lots of small checks from your fundraisers. It's important to find a bank that doesn't limit the number of checks you can deposing without a fee. The article When To Change Banks looks at some key issues in choosing a bank.
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