About Us

About The U.S. Army Finance Corps Association

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The Finance Corps Association is a non-profit organization dedicated to furthering the interests of the US Army Finance Corps.


The Association's mission is to foster a spirit of goodwill and cooperative endeavor among its members and to perpetuate friendships and traditions growing out of their membership in the US Army Finance Corps. It also includes the establishment of an educational program to enhance the knowledge and understanding of the history of the Finance Corps and the Finance Regiment. We provide a medium for the mutual exchange and discussion of ideas and information of interest to members of the Association, and promote esprit de corps among all members of the Association and the Finance Corps.


This site has been long in coming, but we hope it has been worth the wait. We hope that it serves you and makes it easier to share information between the organization and its members and internally between members.


Regards,

FCA Staff


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History of the Finance Corps

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The U.S. Army Finance Corps originated on 16 June 1775, when the Second Continental Congress introduced a resolution appointing a Paymaster General of the Army. Since that day, the U.S. Army has always provided financial service via Finance personnel who were either organized in separate elements or integrated into existing units of the Army.

In 1816 the Pay Department became a separate department. Paymasters, usually with the rank of Major, had the principal duty of paying Soldiers in the regiments. The Paymaster at Army headquarters computed monthly payrolls in his office and went to the field with his “box” of gold and a military guard. Obviously, payday was not the last day of each month everywhere, but once a routine was established, the Soldiers could expect payday to fall approximately the same day each period.

The Pay Department remained unchanged until 1912; when in a major reorganization it joined the Quartermaster Corps. During WWI, the Quartermaster Corps expanded to such a degree that it had a difficult time controlling disbursing and logistical activities. In October 1918 Congress authorized the Finance Service. In June 1920 Congress approved the Finance Department to become a separate branch of the War Department under Brigadier General Herbert M. Lord. Unlike its predecessors, it handled not only military pay and travel expenses, but also all financial activities of the War Department, including centralized disbursing, auditing, and budgeting. In 1933, President Roosevelt directed that the Finance Department assume the obligation of paying the Civilian Conservation Corps.

The Finance Department remained a separate entity until WWII when it joined the office of the Fiscal Director, Army Service Forces. Under this structure, it took on additional responsibilities such as the sale of War Bonds and the promotion of National Service Life Insurance. After the war, the office of the Fiscal Director dissolved and the Finance Department again became an independent Army staff agency. The Army Organization Act of 1950 re-designated the Finance Department as a basic branch and the Finance Corps (Regiment) was activated.

Progress has been an important element of the Corps’ history. Today’s Finance Corps has advanced immeasurably over the first Paymaster General Office, not only in size but also in the quality of service provided. National Providers are building sophisticated systems of the future while the U.S. Army Financial Management School trains our military and civilian personnel to operate these systems. These organizations, together with the many units in the field, work hard “To Support and Serve” both the U.S. Army and our great nation.

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History of the Finance Regiment

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The Chief of Staff of the Army authorized the U.S. Army Regimental System in 1981. The Regimental System was designed to strengthen Soldier morale and unit cohesion by affiliating each Soldier throughout the Total Army with the history, traditions, and customs of a single unit or "home" base. By linking Soldier identity to a regiment, planners sought to increase individual commitment to the mission of the organization and the people who comprised it. Since its establishment, the Regimental System has fostered an extended sense of belonging among Soldiers of the various regimental communities of the Army, improved operational effectiveness, and formed the solid foundation from which leaders could build total commitment to the Army's mission around the world.

Department of the Army General Order No. 21, dated 7 May 1987, established the Finance Corps Regiment and designated Fort Benjamin Harrison, Indiana, as its "home." Effective 12 September 1994, due to the closing of Fort Benjamin Harrison, the Finance Regiment's home base, along with the Finance School, was officially transferred to Fort Jackson, South Carolina. As an organized regiment, the Finance Corps serves the professional interests and needs of its members, providing a source of continuing pride in the customs and traditions of the Finance branch and its service to Soldiers and commanders throughout our nation's history. The Commandant, U.S. Army Finance School serves as "Chief of the Branch" and the School Command Sergeant Major serves as the "Command Sergeant Major of the Branch." The Honorary Colonel and Honorary Command Sergeant Major of the Regiment, both distinguished retired members of the Finance Corps, form the bridge connecting the past to the present. The Honorary Colonel of the Regiment is MG Paul P. Burns (U.S. Army, retired); the Honorary Command Sergeant Major of the Regiment is CSM Joseph A. Bouchez (U.S. Army, retired). Upon activation of the regiment in May 1987, the late MG Emmett J. Bean was designated Honorary Colonel of the Corps for his notable and distinguished service to the Finance Corps during World War II and through his retirement from the Army in 1957.

The Finance Regimental Coat of Arms consists of a gold griffin positioned above the Regimental Distinctive Unit Insignia, and a silver gray shield that forms the background for a blue globe with gray gridlines. Crossed over the center of the globe is a silver sword with gold hilt and a silver quill pen. Superimposed over the sword and quill is the gold Finance diamond. The Coat of Arms is symbolic of the Finance Corps' historic mission. The gold griffin stands on a silver and blue wreath with the right front paw raised. In Greek mythology the griffin is symbolically associated with treasure or money. Silver gray and golden yellow are colors long-associated with the Finance Corps and are recognized universally as symbolic of Treasury and monetary matters. The blue globe symbolizes the world-wide mission of the Corps. The sword and quill are reminders of the Finance Corps' essential combat service support role, and the gold Finance diamond is symbolic of the public monies entrusted to the Corps.

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Bylaws

Print Bylaws (PDF)

Article I: Name and Headquarters
The name of the Association shall be the "Finance Corps Association" with its headquarters and principal offices at Fort Jackson, South Carolina.
Article II: Objectives and Purposes
The Association shall devote its efforts and activities to the aims and purposes generally set forth in the Bylaws, and to such other supplemental and derivative activities, objectives, and purposes as may be approved by the Executive Council, including but not limited to:
  1. Fostering a spirit of goodwill and cooperative endeavor among its members and perpetuating friendships and traditions growing out of their membership in the US Army Finance Corps. This would also include the establishment of an educational program to enhance the knowledge and understanding of the history of the Finance Corps and the Finance Regiment.
  2. Sponsoring new methods, techniques, and developments designed to increase the efficiency of financial management in the Armed Forces, and to promote high standards of proficiency in finance and accounting operations.
  3. Providing a medium for the mutual exchange and discussion of ideas and information of interest to members of the Association.
  4. Promoting esprit de corps among all members of the Association and the Finance Corps.
  5. Promoting mutual understanding and effecting cooperation with enterprises in parallel fields of endeavor.
  6. ncouraging programs for financial research and development in the fields of receipts and disbursements of appropriated funds, budget and fiscal activities, accounting, auditing, and allied fields of financial management.
  7. Assist the Finance Regiment in identifying and naming Distinguished Members of the Regiment and awardees of the Major General Towson Medallion.
Article III: Policy of Operations
  1. The Association shall be operated on a nonprofit basis. No net earnings of the Association shall accrue to the benefit of any of its officers or members, but shall be devoted exclusively to literary and educational purposes within the meaning of section 501(c) of the Internal Revenue Code of 1954 in order to further the objectives and purposes for which the Association is created.
  2. The Association will conduct its affairs in a nonpartisan political manner and in accordance with Army Regulation 210-1, Private Organizations on Department of the Army Installations. Its name or influence will not be used directly or indirectly in the interest of any national, state, or municipal political activity.
  3. The existence of this Association shall continue perpetually until the same be lawfully dissolved, and upon dissolution, all assets of the Association shall be paid over and transferred to a tax-exempt organization, either charitable, religious, educational or scientific, or with purposes similar to these as determined by the Executive Board. Should liabilities exceed assets, the members may be held liable for the difference.
Article IV: General Form of Organization
  1. The general control and management of the property and affairs of the Association shall be vested in an Executive Council, which shall decide all policy matters involving conduct of the Association.
  2. The Executive Council may appoint such committees as may be necessary to the proper conduct of the affairs of the Association, and may delegate to such committees or to the officers of the Association the performance of such duties as may be deemed desirable and necessary subject to the provisions of the Bylaws of the Association. Members of the Executive Council are encouraged to serve on each standing committee.
  3. A nominating committee, comprised of members selected by the President, will submit names of Finance Corps officers, noncommissioned officers, and civilians to the general membership to vote upon. The number of Executive Council members will be determined by the nominating committee. Six persons from the membership at large will be elected by the membership to serve as the remaining members on the Executive Council. The term of office for Executive Council members will be one year. The president and Vice President are ex officio members of the Executive Council. Elections will be held at a designated General Membership meeting. The Executive Council will endeavor to schedule said meeting to coincide with Association functions or gatherings at Fort Jackson or other locations in order to promote and facilitate maximum attendance. The elected members to the Executive Council will be elected by a vote of a majority of the members of the Association present at the designated General Membership meeting and so voting. Such election will be scheduled at the discretion of the Executive Council to avoid expiration of elected council members' terms of office.
  4. In the event of a vacancy in the elective membership of the Executive Council between elections, the said Executive Council may fill the same by the appointment of a member of the Association for a term not to exceed the unexpired term of the member whose vacancy is being filled. In the event that a term of any At-Large Executive Council member expires because an election has not yet been held, the expired term of the incumbent may be extended or a new person may be appointed on a temporary basis (pending execution of procedures in para. 3 above) at the discretion of the Executive Council. Extension or temporary appointments will be for renewable periods not to exceed six months.
Article V: Interim Managements
At all times when the Executive Council is not in session, the affairs of the Association shall be conducted and managed by the active officers of the Association, acting under the discretion of the President, who shall have full powers to do all acts and things necessary for the conduct of the Association, subject to such restrictions and authority as the Executive Council and Bylaws of the Association may direct.
Article VI: Officers
The active officers of the Association shall be a President, Vice President, Secretary, Treasurer, Assistant Secretary, and Assistant Treasurer. The President and Vice President shall appoint a selection committee to nominate members for the officer positions. All officers will be elected by the Executive Council. A necessary qualification for these officer positions will be abiding near the Fort Jackson geographical area. The term of office will be for one year.
In the event of a vacancy in an active officer position of the Association, the Executive Council may fill the same by the appointment of a member of the Association for a term not to exceed the unexpired term of the member whose vacancy is being filled.
Article VII: Membership
Any person interested in the aims, objectives, and purposes of the Association, as set forth in the Bylaws, is eligible to apply for membership in the Association, subject to the conditions prescribed from time to time in the Bylaws of the Association, unless application for such membership shall be disapproved by the Executive Council. Offices, organizations, and libraries are not entitled to membership as are individuals. Membership shall be of such classes, types, or kinds as prescribed from time to time in the Bylaws of the Association.
Prospective members will read the Bylaws prior to accepting membership in the organization.
Membership in the Association shall be of three types:
Annual membership
Annual membership shall be granted to those persons who are interested in the aims and objectives of the Association. Dues are paid for yearly periods. charter members are annual members, but have the distinction of being founding patron members of the Association.
Life membership
Life membership is granted to those members who pay the prescribed life membership fees in lieu of yearly membership dues. Life membership is also conferred upon the honorary Colonel of the Corps and the Honorary Sergeant Major of the Corps when they complete their term of service at no cost. (Honorary members are not selected based on their position).
Honorary Membership
The President may confer Honorary membership at his/her discretion to include the membership term.

All members shall have the right to receive the official publications of the Association, be entitle to vote in connection with any election or with reference to any other matter authorized by the Bylaws of the Association, and to hold office.
The Executive Council is empowered to drop from membership any member who by 2/3 majority vote of the total membership of the Executive Council is considered to be a discredit to the Association.
Article VIII: Duties of Active Officers
President
The President of the Association shall be the chief executive officer of the Association in carrying on, or causing to be carried on, the day-to-day operations of the Association per the policies established by the Executive Council. he/She shall preside at the meetings of the Executive Council.
Vice President
During the absence, disability, or in case of the death of the President, the Vice President shall perform the duties and exercise the functions of the President.
Duties of the Secretary and Treasurer
The Secretary shall be in charge of the principal office of the Association, and of its official records under the direction of the President. He/She shall keep the minutes of the meetings of the Executive Council. He/She shall also keep a record of the membership of the Association and conduct and keep complete records of correspondence and other official records of the Association. He/She shall perform other such duties as the Executive Council may from time to time direct.
The Treasurer shall receive, expend, and account for such funds of the Association as may come into his/her hands for the use and benefit of the Association under the general authority of the President and the Executive Council. He/She shall perform other such duties as the Executive Council may from time to time direct. The Treasurer will provide the annual budget to the Executive Council for approval prior to the beginning of the calendar year.
Executive Council
The Executive Council shall require an annual audit of the financial affairs of the Association and shall publish report of such audit and other activities of the Association.
Article IX: Meetings
  1. The regular meetings of the Executive Council of the Association shall be held semiannually, the exact place to be fixed by the President, and due notice given by the Secretary of the Association to the members of the said Executive Council. Special meetings of the Executive Council may be called at any time by the presiding officer thereof after due notice. To conduct business under these Bylaws, a quorum of six members of the Executive Council must be present or able to participate through an interactive communications device.
  2. Meetings of the general membership of the Association will be scheduled at a date, time, and location specified by the Executive Council. If possible, the general membership will meet at least once annually. The date and time shall be as such that the membership has as a minimum thirty days notice. The Secretary shall inform each member of the Association of said meeting. Notification in the Association Newsletter is acceptable and must comply with the thirty day minimum notice requirement. The Executive Council will endeavor to schedule General Membership meetings to coincide with Association functions or official military duty gatherings in order to promote and facilitate maximum attendance.
Article X: Dues and Contributions
  1. Membership fees or dues may be charged by the Association as determined by the Executive Council, except as otherwise stated within these Bylaws.
  2. The Executive Council is authorized to accept contributions, to include corporate sponsorships, donations, and bequests to the Association, from appropriate sources. The Executive Council is authorized to sell such items as appropriate to promote Association activities and esprit de corps. Moneys so received shall be placed in such fund or funds as prescribed by the Executive Council.
  3. Offices, organizations, and libraries are not entitled to membership as are individuals; however, they may subscribe to official publications of the Association under conditions prescribed by the Executive Council.
Article XI: Amendments
The Executive Council may amend, alter, or repeal these Bylaws by two-thirds vote of the Executive Council subject to the approval of the majority of the membership present at the next general membership meeting. Any member in good standing may present a motion to amend, alter, or repeal these Bylaws at any general membership meeting.
Article XII: Chapters
  1. Within the Association, individual regional chapters may be formed to further promote and support the objectives and purposes of the Association. In order to activate a chapter, a request for chapter activation must be submitted and approved. The request must include, at a minimum, a Chapter President, Vice President, Secretary, and Treasurer. All proposed Chapter Officers must be members of the Association. The request must also include a petition of at least 25 members in good standing who favor, by signature, Chapter organization.
  2. The proposed Chapter will officially be activated after approval by a two thirds majority of the Executive Council. Within six months of activation, the Chapter must forward a copy of its governing Bylaws to the Association Secretary.
  3. Upon Chapter approval, a Chapter shall receive a one-time grant of $200 from the Association for initial start-up costs.
  4. Chapters will receive $2 for each new member brought into the Association and $1 for all others members in good standing as of 1 April. Chapters must certify as accurate to the Membership Chairman their 1 April chapter roster NLT 1 May. The General Membership or Executive Council may also authorize an additional amount based on chapter renewal rate, quantity of membership, and other factors which contribute to the success and promotion of the Finance Corps.
  5. The Association will also provide other administrative support and/or guidance, as requested as necessary.
  6. If the organization is dissolved, all funds in the treasury at the time will be used to meet any outstanding debts, liabilities, or obligations. The balance of these assets will be disposed of as determined by the membership.
As amended at the 2005 General Membership meeting, 12 May 2005.
COL Robert Speer: President
MAJ Mike West: Secretary
Officer Duties and Responsibilities (Detail)
This is an expansion of the Article VIII of the Finance Corps Association Bylaws in order to provide adequate internal controls. This document is not an official part of the Bylaws.
President
Will preside over all Executive Council and General Membership meetings.
Will approve all expenditures exceeding $1,000.
Will make appointments to special committees as appropriate.
Will perform as the Regimental Commander for all Regimental activities.
Will insure a yearly budget on a 1 May to 30 April basis is prepared and approved by the Executive Council.
Will conduct the affairs and management of the Association in conjunction with the Executive Council, subject to the restrictions of the Bylaws and other Association-approved documents.
Vice President
Will perform all of the duties and exercise the functions of the Association in the absence of the President.
Secretary and Assistant Secretary
Will keep the minutes of all Association meetings.
Will keep the official records of the Association.
Will conduct and keep complete records of all correspondence.
Will have custody of the Association seal.
Will inform the Executive Council and General Membership in advance of Association meetings.
Will maintain the keys and pick-up and distribute the Association mail out of the rented postal box.
Will serve as the chapter coordinator.
Will oversee the awards program and maintain award historical records.
Treasurer and Assistant Treasurer
Will pay all Association bills in a timely manner.
Has the authority to make payments for invoices totaling less than one thousand dollars.
Must have approval of the President for expenditures exceeding one thousand dollars.
Must obtain a Surety Bond for the officers of the Association.
Will prepare a quarterly financial report showing all receipts, expenditures, and account balances.
Will insure an annual audit is performed on the financial affairs of the Association. This audit will be published.
Will establish a double entry accounting system for the Association.
Will keep records and receipts of all fund receipts and disbursements.
Will reconcile all bank statements.
Will consolidate all committee budget info into a yearly 1 May through 30 April budget for Executive Council approval.
Will prepare and submit all appropriate documents to obtain and maintqain a federal and state tax-exempt status.
Will prepare and submit all appropriate documents to have the Association incorporated in the state of South Carolina.
Will establish an accounting system that will be able to identify all income and disbursements by type of activity (membership, memorabilia sales, special events, etc.).
Will prepare appropriate Federal and State Income Tax Returns on an annual basis.
Membership Committee
Will solicit qualified memberships.
Will maintain the official membership roster on an automated database.
Will publicize membership qualifications and applications.
Will assist the media committe in the development and distribution of an annual Association membership roster.
Will develop, purchase, and distibute membership cards for charter and yearly memberships.
Will distribute to the charter members their charter membership plaque.
Will develop a yearly budget for membership promotion activities.
Maintain mailing address of all members retired, active, reserve, and associate.
Marketing Committee
Will develop and market all resale items to generate funds for the Association.
Will prepare an annual budget for the expected income and expenditures of resale items.
Will prepare a display of all items for sale in the Finance School and DFAS-IN in a locked case.
Will prepare a brochure of all resale items.
Will develop other initiatives such as monetary contributions or corporate sponsorships to provide resourcing of the programs developed by the Association.
Awards Committee
Will determine the criteria for selecting Honorary Colonel and Sergeant Major.
Will conduct a nominating process for selecting the Honorary Colonel and Sergeant Major and deliver the results to the Association Executive Council for final approval.
Will prepare an annual budget for the needs of teh Honorary Colonel and Sergeant Major such as TDY, letterhead, etc., and the costs associated with the nomination process.
Will determine and have produced an appropriate momento for the Honorary and Distinguished positions.
Will establish an annual Finance Corps Soldier of the Year and NCO of the Year program.
History and Traditions Committee
Will maintain the history files of the Association.
Will prepare bibliographies and speech outline for scheduled events for the Regiment and Association.
Coordinate with the Army Finance Corps Museum on items of mutual interest.
Will prepare appropriate historical articles for the Association newsletter or journal.
Will prepare an annual budget for this committee.
Media Committee
Will prepare press releases publicizing Association and Regimental events.
Will prepare and publish a Finance Corps Association newsletter at least quarterly for distribution to the General Membership.
Will publish an annual Membership Roster for distribution to the general membership.
Will arrange photographic coverage of Association events as required.

Chapters

Print Chapter Guidelines (PDF)

General
The goals and aspirations of the Finance Corps Regimental Association can best be served by Chapters in the field that are organized and activated to build a network of motivated and interested members in their local areas. The fraternal bond formed by shared experiences and solved problems can be found only at Chapter level, where the commonalties of environment, mission, locality and structure create a positive atmosphere of mutual understanding and respect. Ultimately, the true strength of the Association will be determined by the active Chapters and their programs, not by the Association's central headquarters. Chapters, then, truly will guide the Association to maturity through increased membership, support for and education of FCA Soldiers, and development of activities and programs designed to meet the needs and desires of members to be served locally. The Association will continue as a visible and energetic focal point for:
  • Esprit-de-corps
  • Professional development
  • Fraternal bonding for all elements of membership
  • Sharing, information on programs and activities
  • Enhancement and expansion of member services
How to Organize
Determine the feasibility of a Chapter. A realistic assessment of a Chapter's potential is the critical first step in ensuring that success can be achieved. Steps in this process include the following actions:
  • Identify the Finance Corps Association leader in the area whose leadership and support are necessary for commencement.
  • Contact and invite the key officer, NCO and DAC leaders to a feasibility meeting. At this meeting, determine the geographical area and units the Chapter should serve, as well as the number of potential members assigned or living therein.
  • Estimate the support that can reasonably be expected and the benefit that could result.
If all assessments are positive, designate the group in attendance as the Organizational Committee. Prepare and dispatch a letter of announcement concerning the chapter's proposed activation. Schedule a general organizational meeting to which all potential members can be invited. This meeting would usually be held in the evening hours, and should be open to all Finance Soldiers and affiliates. The meeting should be publicized by mail, posted flyers, weekly or daily bulletins, post or installation newspapers, E-mail, and conferences. At the general organizational meeting, criteria for membership and activation should be discussed. Potential programs, and activities should be emphasized. A proposed slate of chapter officers should be nominated and voted on. Overall support for the chapter should be assessed.
Membership Rules and Criteria for Chapter Activation
Certain basic ground rules and criteria necessary to preserve and perpetuate the Association, as well as to protect the rights and responsibilities of its Chapters, are described as follows:
  • Chapters can be activated only upon approval of the Association, after an appropriate petition has been submitted.
  • Activation petitions must contain the chapter's initial slate of proposed officers, and the signatures of 25 active members of the Association. Membership applications (with payment) may be submitted with the petition if sufficient signatories are otherwise unavailable.
  • Chapter members must be Association members.
  • Chapter officers must be members of the chapter and the Association, and must be elected at a general membership meeting of the chapter to which all members are invited.
  • Within six months of activation, chapters must submit their bylaws to the Association for approval.
  • Chapters must obtain installation approval from their headquarters military installation in accordance with AR 210-1, Private Organizations on Department of the Army installations.
Duties of the Organizing Committee
This Committee plays a key role in performing specific functions critical in the petitioning and activating processes. These functions would include:
  • Coordination with the Association. Advance contact with the Chapters Point of Contact at the Association's headquarters will save time and effort in the preparation of the activation petition and other administrative requirements.
  • Definition of the Chapter's Limits and Boundaries. Chapters may be defined by location, such as a post camp or station, by unit, such as a Finance Command, or as a combination of both. Whichever definition has the most potential for building esprit and morale should be selected by the committee and submitted on the petition.
  • Selection of the Chapter Name. Usually the Committee will choose a name which has some link or affiliation with the installation, geographical area or unit served by the chapter. This recommendation must also be submitted with the petition.
  • Nomination of the Initial Slate of Officers. This slate should contain, as a minimum, a nominee for President, one or more Vice Presidents, a Secretary and a Treasurer. These positions should be defined in the Bylaws as the elective offices. The Association will approve the first slate of officers as part of the petitioning process. (The Organizing Committee can also select the remaining "at large" members of the Executive Council and any Committee Chainmen that the Chapter may want to serve thereon. Special care must be taken to insure that all officers, NCO, DAC's and retirees receive appropriate and representative consideration in the nomination process.
  • Organization and Conduct of the Initial Membership Meeting. As discussed in the "Feasibility" section, the Committee must use this initial meeting to assess the overall support for activation, inform the potential membership about the Chapter's purposes, organization and its leadership. At a minimum, the following agenda items must be addressed at the meeting:
  • Discussion of the criteria for membership and Chapter activation.
  • Briefing on potential chapter programs and activities.
  • Discussion of the proposed chapter name and geographical area served.
  • Nomination of and concurrence with the initial slate of chapter officers.
  • Recruitment to membership.
  • Preparation and signing of the petition.
  • Concurrence in chapter activation.
  • Submission of the Petition. After the initial meeting is concluded and the support for activation is established, the Committee assumes responsibility for submitting a signed petition to the Association. Procedures for preparing and submitting the petition are discussed in the next section of this brochure.
Petitioning the Association for Association for Approval to Activate
The blanks on the first page of the petition must be completed by the Committee prior to the initial membership meeting. The petitioner's listing can be completed, at least in part, prior to the meeting for as many Association members as can be identified in advance. The remaining petitioners needed to bring- the total to 25 must be recruited and signed at the meeting, or soon thereafter. Once completed, the petition and membership payments should be submitted to the Association as soon as practical. In turn, the Association will consider the petition at the next regular meeting of the Executive Council. Once approval is granted, the Association's Chapters Point of Contact will notify the Chapter by the most convenient means available and will coordinate the date of activation. A dated Chapter Charter will be prepared and mailed or delivered to the Chapter.
The Charter
Once the Chapter Charter has been approved, an appropriate ceremony or activity should be planned to commemorate the event. The ceremony will usually take place at a military club or some other suitable facility. The program should include, as a at a minimum, the official acceptance of the Charter by the President, with appropriate remarks concerning the objectives and programs of the chapter. In so far as possible, a prominent speaker should keynote the event. It is also recommended that a program be printed to highlight all events and activities involved and that photographs be taken to accompany an article for submission to the Finance Corps Association.
Chapter Finances
Chapters are not authorized to assess their members for dues. Only the Association is authorized to collect dues to support programs and activities benefiting the entire membership. The association will, however, provide financial support to chapters (discussed in a later section). Chapters are authorized and encouraged to find other means to finance their programs and activities besides dues. Examples of potential moneymaking projects would include:
  • Auctions of corporate sponsor donations of prizes and goods
  • Bake sales
  • Bingo nights
  • Car washes
  • Corporate sponsors
  • Flea markets
  • Garage sales
  • Golf tournament with entry fees
  • Organization day activities and admissions
  • Raffles
  • Resale of bulk ticket buys for athletic events
All chapter funds must be maintained in accordance with the procedures outlined in AR 210-1.
Chapter Records
The Chapter Executive Council must decide where the permanent records of the Chapter shall be located. Every effort must be made to systematically make record of the activities and programs in which the chapter is involved in. The Chapter should also maintain a roster of all its members.
Chapter Reports
The Chapter should keep the Association informed of its activities. In particular, all noteworthy chapter events (i.e. a Finance Ball, etc.) should be considered for inclusion in the "Diamond Points" newsletter. No format for these reports will be prescribed. Chapters are left to their own ingenuity to design a report that fits their needs best. Reports, however, should be neither too lengthy for easy comprehension nor too brief for complete accreditation. Chapters should submit reports to the National HQs Secretary at the end of every fiscal year. At a minimum, reports should contain the following items:
  • A complete listing of Officers and Committee Chairmen from the previous year.
  • A complete listing of Officers and Committee Chairmen (including addresses and phone numbers) for the current year.
  • Description of programs and activities sponsored by the Chapter during the previous year.
  • Description of programs and activities planned for the current year.
  • Listing of the Chapter meetings held during the previous year (include programs, if appropriate).
  • Listing of Chapter members.
  • Listing of Association-presented awards and recipients involved from the previous year.
  • Problems encountered the previous year.
  • Description of fund raising activities used or planned.
  • Recommendations to the Association.
Financial Support
The Association will support chapters financially in the following ways: Upon Chapter approval, a Chapter shall receive a one-time grant of $200 from the Association to get it up and running. Additionally, chapters may receive an annual dividend from the Association. Minus any action of the Executive Council, chapters will receive $2 for each new member brought into the Association and $1 for all other members in good standing as of 30 Sep. The Executive Council may also authorize an additional amount based on chapter renewal rate, quality of membership, and other factors that contribute to the success and promotion of the Finance Corps. Chapters should submit a membership roster as of 30 Sep each year. The Association will disburse the dividends on or about 31 Oct.
Other Support
The Association shall provide activating chapters charter chapter organization certificates, The Association will also provide other administrative support as requested. The Association Secretary is the point of contact for chapter matters.
Chapter Support Address
Address all chapter correspondence to the Finance Corps Association, ATTN: Chapter Operations, Post Office Box 10069, Fort Jackson, SC 29207.
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