Most Popular Operations Content
Sole proprietor changing to LLC
03/09/2025
We have a sole proprietorship DBA account under a Social Security number. The customer now has an LLC with an EIN. Do I need to change the account number or just update the signature card to reflect the LLC as the Primary and remove the DBA on the account?
What are the benefits of offering a comprehensive lockbox?
03/09/2025
How do lockbox services benefit both your institutions and your business account holders?
Opportunity Knocks: New Bank-Fintech Relationships
03/09/2025
The regulatory winds have shifted, and the Trump administration seems to be signaling that it is opening the door for fintechs to emerge in a more favorable regulatory environment.
Using a third-party collector for overdrawn account
03/02/2025
My question is related to checking accounts that go into the negative and are facing potential charge off. I am looking to see what the rules and regulations are in regard to sending negative checking accounts (depending on the amount) to a third-party collector. Is this allowed? I cannot find anything anywhere stating that it is allowed.
Smarter ATM and Branch Surveillance
03/02/2025
Cameras are a critical component of ATM and branch security to protect staff, customers, and ATMs.