Answer:
by Randy Carey:
No.
Answer:
by John Burnett:
If a business entity were to have a joint deposit account with an individual, the entity's assets and those of the individual would be commingled, defeating the most significant reason that entities are formed -- to keep a business's assets separate to protect its owners from liability for the obligations of the business.
In addition, the FDIC would not treat such an account as a joint account with separate deposit insurance.
For those reasons, I join Randy in saying "No."
Answer:
by Ken Golliher:
Uh-uh. Sometimes, doing what the customer wants is the dumbest of all possible options.
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