A withdrawal transaction requires the Chief Financial Officer's prior approval. The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name.FILING INSTRUCTIONS for when and where to file this form are located at the bottom of page 2. Or board of directors held within 2 years of the service date of this Fact. Information Sheet. 9. Bank of Florida – Tampa Bay. The following provides information for completing the. Board Resolution form. The crediting of funds depends on the type of account you are transferring to and the daily cut-off time.