Latest Operations - Pledge/Pledging Topics

By William R. Wipprecht

Bill Wipprecht is the Security Officer for Wells Fargo Bank, N.A. in California.

The husband (let's call him "John") came in and rented a safe deposit box in his name alone.

A respected, security professional posed a theoretical question to me recently regarding ideas on how to provide protection for the integrity of his staff.

If you ask the First National Bank of Boston-they'll tell you Proof and Transit are VERY important-$90,000 worth at a time, as a matter of fact!

In the last issue of BANKERS' HOTLINE we talked about using more than just a signature card to open a new account.