Latest Security - FIRREA Topics

Question: A Pennsylvania banker asks: "We have had several inquiries lately from attorneys who want to know if we have an account with a certain individual, and if the account is in good sta

Question: A Tennessee banking officer asks: "We had an inquiry from Medicaid, received in January, 1991, for information on one of our customers. The form was signed and dated in 1987.

How long does it take to maintain basic Community Reinvestment Act records?

The Federal Deposit Insurance Corporation claims it takes banks 2 hours a year to do so.

In 1948 there were less than 10,000 personal bankruptcies in the United States. In 1981 there were 360,000. In 1989 there were 725,000!

Question: I have been using the articles in Bankers' Hotline on forgeries in our teller training classes, but I have a question that wasn't covered in the articles.