1. 2018 Team Accounts
Jan.2018

2. General Requirements
Every U13+ team must have a team account with US Bank vs. keeping in their own accounts
This includes for both the fall and summer season with one exception:
Fall only teams are not required to have a US Bank account.
These same teams need both a treasurer and team manager (or 2 team managers)
The team manager and treasurer cannot be related nor can they be related to the coaching staff.
Both team manager and treasurer do not need to be carded but both need to have a background check
Changes are effective Jan 1, 2015

3. Bank requirements
Team manager and treasurer are both signers on the account; no coaches should be
Accounts must be at US Bank and set up as a team account of the PLSC
At the end of the year, pay out families. A small minimum can be kept to maintain the account for the next season.
Tracking by family is required
Do not write and sign checks to yourself for reimbursement; the team manager should reimburse the treasurer and vice versa
Any bank expenses due to the account are the responsibility of the team (i.e. nsf fees)

4. Oversight
PLSC Treasurer will have responsibility for team account oversight
PLSC Treasurer will review balances and transactions quarterly
PLSC Treasurer will provide quarterly reports to the executive board and team manager coordinator
Team treasurers will provide a beginning and end of season report to the PLSC treasurer on balances and what has been paid through the account.

6. Debit card
Team managers and Treasurers are allowed to have a debit account off their US Bank team account
The account numbers must be provided to the PLSC Treasurer
If the team manager or treasurer moves on, the card must be cancelled and notice provided to the PLSC Treasurer
PLSC Treasurer should have bank authority to cancel cards
No personal charges of any kind may be made to the team account debit card
Any fees associated with the debit card are the responsibility of the team