09/03/2001
How can bankers develop more effective passwords instead of the usual four characters they're using now?
08/06/2001
Why has the Treasury introduced 4-week Treasury bills? I thought the government was running a budget surplus and paying down the debt?
08/06/2001
Are we required to notify our customers of possible computer intrusions? Where can I find regulatory information regarding intrusions or hacks and the notification of customers?
07/09/2001
I read an article several years ago regarding an IRS requirement that if there is joint account wros and the primary owner(1099 information reported under this person's SSN) dies, the 1099 for that year should include the interest for the primary owner only through the date of death. A new account should be opened for the surviving owner in order to correctly report the interest going forward. Is this IRS requirement still in effect? If so, would it be required for a husband and wife filing a joint return?
07/02/2001
We have a customer (works for the government - always like them) that states "according to the Privacy Act of 1974 the Bank must give notice any time you receive two pieces of ID from a customer". The customer is inquiring why we don't have this statement on our signature cards. Of course I have never heard of this and searched for information on your web site. I came across an article entitled "I Won't Tell You My Social Security Number". This article refers to TINs and Zips but nothing about Driver's license. However I am assuming that Driver's License ID can be applied to this as well. Am I correct to assume this?