Latest Security - Lending Topics

This is my fifth year in the financial institution training/consulting business.

Question: A banker in New Jersey asks: "We had a three day hold on all deposits made at non-proprietary ATMs until September 1, 1990, when we went to two days, as the law instructed.

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.

Question: A Return Items Officer in Iowa asks: "We just got a check back through the work that was deposited in our institution almost six months ago. It was marked 'forged signature'.