Quote:
Originally Posted by AGDee
This is how it should be to be able to be bonded. Collegians rarely understand why we do this. I often think they believe it's so they can't go spend all the money. They don't understand that it also protects their funds. One of the things we look at in a financial review is to make sure there are no pre-signed checks because it's "easier" to have one person (either alumna or collegian) sign a few checks ahead to reduce how often the two have to meet to sign them. It was fairly common back in my day to pay cash for dues also. It's very easy to just pilfer cash, especially if receipts are not issued immediately. This is one huge advantage to using Omega Fi.
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I think I would have been more confused if two people
didn't have to sign checks because that's just common sense. As a member paying dues I would have been upset if I knew the VPF could sign off on whatever she wanted with no system of checks and balances. And as this example shows it isn't just the collegians that need checks and balances.
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