My club only has a brokerage account at TDAmeritrade. We also have a personal checking account at Chase to conduct routine business. The pres, vp, and treasurer have signing authority on this account. This method works for us.
On Monday, February 17, 2020 Ira Haas via bivio.com <email@example.com> wrote:
TDAmeritrade required our club to have every member an
Authorized Representative with the ability to sign checks.
When a member recently resigned we had her send a letter to
TDAmeritrade to remove her name. This resulted in
TDAmeritrade sending us new checks with a new checking
account number. So TDAmeritrade is not as seamless for clubs
as others may think.
Yankee Model Investment Club