Colony Finance

Requirements

  • Written budget approved by Board of Governors
  • Separate savings and checking accounts
  • Minimum of $1000 set aside in savings prior to chartering
  • Current on all bills (individual and chapter)
  • The colony must participate with Omega Financial
  • The colony should begin saving for the $240/member initiation fees due prior to chartering
  • The colony will begin saving for and be able to show proof of at least $2000 in savings for a full set of regalia (regalia cost $3200 for a new set)

Resources

Financial Responsibility Summary
Financial Delinquency Policy
OmegaFi Overview
Required Reports