Lower Level of the Orr Center
What is an agency fund?
Agency funds are defined as funds held by the University on behalf of an affiliated organization. These funds work largely like checking accounts and are available to registered clubs and organizations.
How can I create an agency fund for my club or organization?
What is a fund, orgn, and account?
Every financial transaction processed by the University requires a fund, orgn, and account. The fund and orgn are five digits each and identify the club or organization. The account also consists of five digits and is used to describe the type of revenue being deposited or expense being charged. The Financial Manager Spreadsheet lists valid funds and orgns and the Banner Account Codes Spreadsheet lists commonly used revenue and expense accounts.
How do I make a deposit?
Deposits can be made at the cashier's window in the lower level of the Orr Center by providing your 15 digit fund, orgn, and account numbers. A deposit form should be completed when depositing more than one check and a receipt should always be obtained to verify the amount of your deposit and to keep for your records.
How do I make a withdrawal?
What are the advantages of having an agency fund?
All student organizations are required to submit an annual disclosure statement regarding off-campus accounts. The Student Organization Off Campus Bank Account Disclosure Statement must be completed in order to keep the organizational agency fund in good standing. The form may be submitted by email or printed and sent to the Accounting Office.