Condo Q&A

How does small HOA open a bank account?

Written by CondoAssociation.com | Thu, Oct 3, 2019 @ 10:11 AM

We are a self managed HOA (3 units - we are all just moved in). We are wondering how we could open a bank account to keep our fund? Should the bank account be a joint account that have all the owner name? What type of account should we open?   Boston MA