Answer:
Most likely you can, however you need to read the specific language of your contract and check any restrictions that might be imposed by state law.
First published on BankersOnline.com 9/07/09
Right of Offset from the Dormant Account
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Question:
We have a loan loss from two years ago and a dormant checking account from the same owner. Do we have the right to offset from the dormant account?
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