June 25, 2018

Bank Accounts

No individual, school, department, institute, center, subunit, group or organization associated with or affiliated with the university (including associated alumni or student organization) is authorized to open a commercial or retail bank account in or using the university’s name, identification or tax information. Should the need to open such a bank account arise, it must be coordinated through Treasury Services with final approval by both the Vice President for Finance, and the Senior Vice President, Finance and Chief Financial Officer. Depending on the circumstances, the Finance Committee of the Board of Trustees may be involved in the final decision.

Any requests should include a clearly-defined justification regarding the need to open such a bank account.

Responsible Office

Treasury Services
(213) 821-6560

Issued by

Michael Quick, Provost and Senior Vice President, Academic Affairs
James M. Staten, Senior Vice President, Finance and Chief Financial Officer