[LCFinance] bank fees from donors' NSF checks

[Kathy Rattie]

The fee we are charged is only $5 in most cases we can collect it.  Most of the time, the people contact us before we find out that it's been returned. 


----- Original Message ----- 
From: "Barry Holland" <blhollandcpa at yahoo.com> 
To: "Church Treasurer-Finance Listserv" <lcfinance at listserv.nccumc.org> 
Sent: Saturday, July 26, 2008 11:22:18 AM (GMT-0500) America/New_York 
Subject: [LCFinance] bank fees from donors' NSF checks 





What, if anything, do you typically do in response to congregation members whose offering checks are returned for insufficient funds?  What if they are "repeat offenders?" 

Do you try to pass on the bank service charges to them?  (They're probably already getting socked by their own bank.) 

Do you send them a letter of any type -- if so, what does it say? 

I'm trying to set a standard policy / procedure for our church finance team, and I'm not sure where to fall within the spectrum between All-Forgiving Church (don't make anyone feel bad, and just eat all the bank fees) and Hard-Core Business Church (losing money due to donor irresponsibility is bad stewardship). 

Thanks in advance for your input! 
  
Barry L. Holland, CPA 

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