CTA Banking & Dues Guide

Managing your CTA’s finances ethically and efficiently is a key part of leadership. This guide explains how to access your funds, use them wisely, and receive forwarded dues from MSTA.

Setting Up Your Bank Account

Every CTA should have a dedicated checking account in the name of the organization. Two officers—typically the treasurer and president—should have signing authority. Do not use personal bank accounts.

Two-Signer Best Practice

Require two signatures on all checks or electronic transfers to ensure accountability and transparency. Both signers must be active MSTA members.

Common Uses of CTA Funds

• Staff appreciation meals or gifts
  • Mini-grants or scholarships
  • Event costs (e.g., room rentals, supplies)
  • Posters, flyers, or promotional materials

Planning a Budget

Decide as a leadership team how your funds will be spent. Consider recurring costs and one-time initiatives. Share the budget with members at a meeting or in a summary email.

Dues Forwarding from MSTA

MSTA forwards a portion of dues to eligible CTAs each year:
• $6 per full-time professional member
• $2 per associate member
To qualify, you must:
• Be recognized as a CTA
• Submit your officer list
• Ensure both president and VP are MSTA members
• Have dues paid in full
Dues are paid via ACH or check, often in two parts depending on member payment types.

Sharing Financials with Members

Summarize your spending and current balance at least once a semester. Include a quick review during CTA meetings or in newsletters to build trust.