A house account is simply a joint account with multiple authorized users. Upperclassmen tend to open these accounts when they live, pay bills and buy groceries together. One person will have the account tied to his/her name, but all joint users are equally liable for the account and all will have access to it at any time.
Yes. If your group is writing multiple checks each month to landlords, utility companies, etc., then it might be a good idea to order a book of checks for your house account. You can also use money orders. A debit card would be a good way to pay your bills too as well as groceries.
Contact the office at 513-529-1251 for more information.