Military Unit Organization Accounts

ACU is ready to serve by offering free organizational accounts to military unit organizations.  Below is a checklist to utilize when preparing to open a military fund account with ACU.

REQUIRED FRG OPENING ACCOUNT DOCUMENTATION

FRG (Family Readiness Group. Checklist also used for “Cup and Flower” and similar accounts).

  • DOD Memorandum from the Current Commander stating the following (must be specified)
    • Authority to open account at ACU
    • EIN#
    • FRG Name (much match IRS EIN documents)
    • Authorized signers names
    • Change of signers
    • Powers/duties to conduct banking services with ACU (i.e. types of accounts to open)
    • Debit Cards/Checks to be issued if applicable
    • Whether or not dividends will be forfeit
    • Current Commander’s signature
  • DOD Assumption of Command Letter/Memorandum (references AR 600-20 authority & signed by CDR)
  • TIN: IRS-issued EIN (Get an EIN here). Note: Name of Unit Organization must exactly match EIN registration.
  • ID – State–issued DL/ID, passport of authorized signers

REQUIRED FRG UPDATE ACCOUNT DOCUMENTATION

FRG (Family Readiness Group. Checklist also used for “Cup and Flower” and like accounts)

  • DOD Memorandum from the Current Commander stating the following (must be specified)
    • Authority to update/change account at ACU
    • EIN# (must match current FRG account EIN)
    • FRG Name (must match current FRG account name)
    • Authorized signer(s) names to be removed
    • Authorized signer(s) names to be added
    • Final complete list of authorized signers remaining on the account
    • Debit Cards/Checks to be issued for new signers if applicable
    • Whether or not dividends will be forfeit
    • Current Commander’s signature
  • ID – State–issued DL/ID, passport of authorized signers

If current Commander is different from last recorded Commander listed on account, also provide the following:

  • DOD Assumption of Command Letter/Memorandum for current commander (references AR 600-20 authority & signed by Commander)

If you have any questions regarding any of the required documents or which documents are needed to close an existing account, please contact ACU.