This still needs to be addressed. My FC just ran into this issue as well. We did a company-wide restructuring because of guild bank abuse and removed access to all ranks below High Council. The members who are tagged High Council are the four leaders under the Guild Master and the Quartermaster(coGM) and two weeks ago one of the High Council members decided to promote a regular member to High Council so that she now can access the guild bank.

It's caused our leader to take promotion access away from everyone, and now the entire burden is on her to assign each rank, where before the leadership team was able to manage membership as needed without her online.

It's a big problem that needs to be dealt with and not just ignored. There is no reason whatsoever a member should be able to promote to peer status or ESPECIALLY above his\her rank in the hierarchy. SE, Please address this. We don't want to seem tyrannical in our free companies but you are making it hard to manage one without leaving ourselves open to exploitation.