UNDERSTANDING AGENCY ACCOUNTS

Registered student organizations may open and maintain an agency account on campus through the Center for Student Involvement. Although it differs from a typical bank account in that you have no checkbook, it may be used as the organization’s general operating fund for all income, expenditures and campus recharges.

Benefits of an Agency Account

  • It provides access to financial services on campus.
  • It is required to reserve campus facilities.
  • It is required to receive Club Finance Council and most other campus grants.
  • Most campus departments require it to charge for services (e.g., catering, security, stage, tables, chairs, etc.).
  • It enables you to establish a gift account for deposit of donations that are tax deductible (with a 6% University assessment).

 

Activation Process

Once your RSO is registered, you may activate your Agency Account at any time during the year. Your account will be activated within 10 working days following payment of the annual fee.

  • Agency Account activation fee is $35.
  • New accounts or existing accounts without sufficient funds of $35: Upon registration approval, an email will be sent to the three designated leaders with instructions on how to activate your agency account.  Payments can be made via credit card online or cash/check at the ARC Business Center.
  • Existing accounts with $35+ balance: The annual activation fee will be automatically deducted from your existing agency account. No action is necessary.

If you have questions about activating your agency account  send an email to getinvolved@ucdavis.edu or call at 530-752-2027.

 

Checking Your Balance

Your student organization’s agency account balance and listing of transactions are no longer available in AggieLife.  Presidents/Primary Leaders and Treasurers/Financial Officers can request information by completing the Agency Account Information Request form.

If you have questions about your agency account balance or transactions, please contact CSI at getinvolved@ucdavis.edu

Deposits to Agency account

 If your student organization needs to make a deposit to your agency account please follow the steps :

1. Complete and submit a deposit request form to the ARC Business Center. The Business Center is open Monday to Friday 10am-3pm.
2. All checks must be made payable to UC Regents.
3. The Business Center will process all deposits. These deposits will be credited to your account within five business days.

 

Requesting Funds from your Agency Account

Agency Account Transaction Request Form 

  • This form is for all transaction requests, including:
    • Departmental Funding: when RSO has been approved for a grant/funding from another department
    • Check Request: when requesting funds for reimbursement to an individual or for deposit in RSO agency account or off-campus bank account, or to pay vendor or for services provided
    • Transfer of funds to another RSO Agency Account: when transferring funds from your RSO’s agency account to another RSO’s agency account
  • Only ONE transaction type can be requested at a time.
  • Only the Primary Leader or Treasurer/Financial Officer (as listed on the RSO’s registration in AggieLife) are permitted to submit transaction requests.
  • Transactions will be processed within 15 business days (3 weeks) after form approval. Time sensitive requests or those with deadlines should be submitted with that processing timeline in mind.
 
Policies and Forms

Agency Account Policies (PDF)

Student Organization Deposit Form (PDF)

Sample W-9 (PDF)

Agency Account Transaction Request Form