Latest Operations - ATM Topics

There has been an increase in the number of calls we are getting about "problems" in the banking office.

A new ATM problem has been reported in several communities in Maine, New Hampshire and Massachusetts. Someone has been taking the ATMs.

According to a study done in California, there is one criminal incident per 3.5 million transactions at the ATM.

The chairman of San Francisco's Pacific Western Bankcshares, Inc., Phillip Boyce, recently shared some of his institution's ideas with the ABA Bankers Weekly (Jan 15, 1991).

Question: Our Direct Deposits are posted to be available on the day instructed, and are available in our bookkeeping area and over the window in the branch.

Sunday afternoon, they decided to go to the movies and then out to dinner.

Question: A banker in New Jersey asks: "We had a three day hold on all deposits made at non-proprietary ATMs until September 1, 1990, when we went to two days, as the law instructed.

We Service What We Sell
We just received a directory of marketing services for financial institutions. This directory lists a variety of companies and their products or services.

An amendment to the Expedited Funds Availability Act was signed into law on November 28, 1990 and was declared retroactive to September 1, 1990 regarding the availability schedule for deposits to n

Our sympathy award this month goes to the financial institutions in Florida that had a bit of a problem with the new gas pump point-of-sale terminals.