Latest Operations - Checks Topics

Question: We had a call from another bank that some checks were coming back to us for reason of "Account Closed." They were all deposited into the same account at our bank.

Up until just a short time ago, employees of First National Bank of Chicago who were requested to issue foreign currency checks had to do so with a typewriter, and a lot of specific instructions.

The parents who come into the Lemont branch of the Hemlock Federal Bank in Oak Forest, Illinois to do their transactions will have a place to "park" the children while they're making deposits, cash

The United States has 71% of all worldwide revolving credit cards.

CONGRESS GETTING INVOLVED

First Chicago NBD, which made the news two years ago by becoming the first bank to charge a $3 fee for a teller transaction, has now decided to charge $1 fee for noncustomer ATM use at its 710 mach

Half of all Federal payments are now being made electronically.

There were 1,226 bank managed equity funds by the end of the first quarter of 1997, with assets of $149.3 billion.

Question: I'm using articles from the HOTLINE for our in-house publication, and I used one on the Uniform Commercial Code where you said that in order to be negotiable a check had to have a

New check-printing methods and vendors are causing headaches for banks and their customers.

If Audit needed an example for why periods of absence are required for every employee, they got an important one recently.