Told you so?
I'm too busy this week to remind readers that I told you so... instead, I'll simply point out a link to an oldie, but goodie from early July of 2008. Enjoy.
And in case you aren't panicked enough... here is a link to an article about what happens to charities when the bank they use goes bust. Don't think this isn't happening already.
If you haven't reviewed FDIC rules on your nonprofit's (and affiliate's) bank account you are gmabling with your donor's money. Next week might be too late.
This is a good Q&A from a treasurer for a local Habitat for Humanity group on FDIC rules regarding their affiliate accounts.
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