Setting up a memorial fund account Answer by Ken Golliher, BOL Guru Guru BIOS
Question: What is the best way to open a memorial fund account for a customer? The memorial fund is for a person who was not a customer of the bank and the customer who wants to open the account is not related to the person that the fund is for. There will be only two people who have access to the account.
Answer: Here's a link to an article Sam & Mary Beth did. It's the most comprehensive analysis I have seen.
BankersOnline is a free service made possible by the generous support of our
advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all
banking professionals. Support our advertisers and sponsors by clicking
through to learn more about their products and services.