07/14/2024
Are we required to give the customer a letter stating they have the right to quash the motion on summonses and subpoenas with the exception of Grand Jury?
03/20/2016
A grand jury subpoena has requested a picture of a person making a transaction at our teller line that is no longer in our records. Is there a requirement the bank is supposed to comply with for how long our camera records are retained?
08/25/2014
Our recent examiner said we must work up a potential SAR report for summonses & subpoenas. Does this apply if the subpoena is on a former customer (currently closed)?
06/04/2012
Is it legal to have a direct deposit credit under one person's name deposited into a checking account for another person? It is not a joint account. Both customers have authorized the deposit. There are two deposits, both of them government.
05/23/2011
Is there any legal reason to require an individual to use their personal name on a sole proprietor account instead of the business name? I understand the mismatch issue with the IRS and the SSN, but it will not be an interest bearing account.
04/18/2011
We receive subpoenas that require us to research the requested information. We charge customers for research - what is the norm for charging government agencies due to receiving a subpoena requiring extensive research to supply the information? Or can we even charge a government agency?
03/01/2010
If we receive subpoenas from municipal and government agencies, are we required to notify out customers that an agency is looking at their accounts?
02/22/2010
If we receive subpoenas from municipal and government agencies, are we required to notify our customers that an agency is looking at their accounts?
01/21/2008
I’m an operations specialist and I was reading the article <a href="http://www.bankersonline.com/compliance/mbg_banktrapped.html">"Bank Trapped in RFPA Violation Through Army Subpoena"</a>. We were then going through our own privacy policy and realized that we did not know what a certificate of compliance looked like or what is needed to be included in it to cover the bank legally. Who in a government agency is allowed to sign off on the certificate of compliance? I was hoping you might be able to tell me what all is in the certificate or be able to point me to an example of what one might look like.
01/07/2008
It has been a while since I have received and worked on subpoenas and I am not sure of the basic rules. If the subpoena asks for any and all records on X account and any other account in the name of John Doe and John Doe is a cosigner on Jane Doe's account, do we provide those documents also and if so doesn't Jane need to be notified by the sender of the subpoena?