Skip to content

"Deposit Only" Payee Endorsements

Question: We have a member who brings in bunches of checks made out to an alumni club. The treasurer of the club then deposits those checks into the alumni account. But they are never endorsed.

This content is for Premium Subscribers only.

If you are already a Premium Subscriber please login to view this content.

Bankers' Hotline

Bankers' Hotline

Compliance Action