1. YSU Student Organization Accounts
at ASECU

2. What is a Credit Union? Member Owned Democratically Operated
Better Rates, Fewer Fees
Not For Profit

3. Who is ASECU? ASECU = Associated School Employees Credit Union
Founded by educators in1959
Serving Mahoning, Trumbull & Columbiana Counties
Serve students, alumni, faculty and staff of Youngstown State University
5 locations, including Tod Hall, basement level on the YSU campus

4. Opening an account ASECU.com
YSU Student Organization Acct - Application Packet
Obtaining a Taxpayer ID number from IRS.gov
Valid driver’s license & YSU student ID required
Signors must pass “ChexSystems®”
Advisors no longer required on accounts
Minimum deposit amounts

5. Account Management Liability for account signors
Account balancing and auditing
Changing signors
Reading account statements & retention

9. Account Services Checking accounts
Online banking & electronic statements
Viewing/printing check copies
VISA debit card application and guidelines
Account dormancy
Coin & cash

10. Best Practices Name one individual as Treasurer or account manager
Give account manager all transaction receipts
Balance the account monthly
Retain account statements in a secure place
Annual account audit
Set up reminders to change signors on account and online banking

11. How do we make changes? Where do we go to make changes to our account?
Who do we call with questions about our account?
Does every signor on the account need to be present to make changes?
Does our organization need to order checks?
How do we sign up for online banking and e-statements?
How do we apply for a VISA debit card for our organization?

12. Contact Information
ASECU YSU office contact information:
Branch Manager: Nancy Fabian
Tod Hall, basement level
Open Monday – Friday 8:30am to 4:30pm
Closed daily 1:00pm to 1:30pm for lunch
Telephone: (330) option #4 or (330)
Website:

13. Have a terrific semester!
Questions?
Thank you.
Have a terrific semester!