How does the chapter receive its funds? Can collected funds be deposited into different accounts?
On the chapter enrollment form, you will be asked to provide your chapter’s bank account information for the deposit of collected funds. We DO NOT have access to your chapter’s funds. This information simply allows Greek Collections to make deposits into your chapter’s account each cycle so that you can receive your funds on time, every time. We can send funds to multiple bank accounts as either a percentage of funds collected or a dollar amount as requested by the chapter treasurer. This is beneficial to chapters that want to send a certain percentage or certain dollar amount to Housing Corporation or to a separate savings account on a regular basis.
