Administrative Bank Accounts

Follow the steps outlined in 3012.5 Administrative Bank Account Procedure to open an Administrative Bank Account.

Use the following forms to open an Administrative Bank Account:

• Custodian Fund Request Form
• Custodian Fund Agreement Form
• New Bank Account Form
• Bank Account Website Access Form (US Bank SinglePoint)
• MOU for Administrative Bank Account – Custodian (PDF)
• MOU for Administrative Bank Account – Signer (PDF)
• MOU for Administrative Bank Account – Reconciler (PDF)
• US Bank Authorized Signature card obtained from Cash Management and signed by the signer of the account

View steps for the main tasks for maintaining an Administrative Bank Account in 3012.5 Administrative Bank Account Procedure. 

The following tasks may need to be completed at times—the needed forms are listed underneath the task. See the procedure linked above for information on who needs to complete or sign each form and where the completed forms should be sent. (The forms will often have routing information listed as well.)

Change the name of an Administrative Bank Account

• Inform Cash Management of the account name change via email (cstdnfnd@bussvc.wisc.edu)
• Custodian Fund Agreement Form
• Update Bank Account Information
• US Bank Authorized Signature card obtained from Cash Management via email to cstdnfnd@bussvc.wisc.edu and signed by the signer of the account.

Change US Bank SinglePoint access for a Custodian and/or Reconciler of an Administrative Bank Account

• Bank Account Website Access Form

Please email Cash Management via the Custodian Funds email address (cstdnfnd@bussvc.wisc.edu), per 3012.5 Administrative Bank Account Procedure.