banking

Closeup of a blank paper check with a pen poised over the amount line

Everything You Need to Know About Accepting Checks as a Small Nonprofit

When everyone carries a smartphone that can handle anything from buying coffee to paying bills, does your nonprofit really need to bother with old-fashioned paper checks? It may surprise you to hear that most of the organizations using MoneyMinder do accept checks, although most combine them with cash and digital options. Checks offer a few…

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How to Select a Good Bank or Credit Union for Your Small Group or Nonprofit

Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel. Today we’re going to talk about selecting an ideal bank or credit union for your group, keeping in mind, not all financial institutions are…

Treasurer's Tip Podcast

How to Deal with Cash On Hand for Full Transparency

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder where our goal is to make your life as a volunteerway easier. Addison writes in: My group has cash on hand to make change at events. I just learned…

Treasurer's Tip Podcast

How to Choose the Right Payment Processor for Your Group

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host, Cyndi Meuchel, Co-Owner of MoneyMinder, where our goal is to make your life as a volunteer really easy. Today I’m answering the following question: What recommendations do you have for selecting a method…

Treasurer's Tip Podcast

How to Handle “Lost Check” Requests for Checks You’ve Issued

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host, Cyndi Meuchel, Co-Owner of MoneyMinder, where our goal is to make your life as a volunteer easy. Today I’m answering the following question: How should I handle issuing a replacement check? Anita writes…

Treasurer's Tip Podcast

Debit Cards: Pros and Cons for Your Nonprofit

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast! I am your host, Cyndi Meuchel, co-owner of MoneyMinder, where our goal is to make your life as a volunteer way easier. That’s why we share these tips and tools, but keep in mind, every group operates…

cash handling rules

Handling Cash and Why You Should Try Not To

Cash is king, right? These days, that sentiment is becoming less true. Online banking, peer payment apps, cryptocurrency and more, cash seems like the messy big sister. Why messy? First of all, cash is tangible, and much more bound to being lost. In the same vein, it’s much easier for those handling cash to swipe…

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Choosing a Nonprofit Bank

How to Choose a Bank for Your Non-Profit As a non-profit organization, you can expect a lot from your bank. Assuming your account is in good standing and you follow best practices, you should be able to find a bank that will give you great service and not charge you at all for it! Shop…