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December 17, 2014
Integrated Disclosures - An Implementation Strategy
Mary Beth Guard and Jack Holzknecht

December 18, 2014
Loan Review Best Practices for a Community Bank
Bob Fritzlan

December 19, 2014
PREPAID PRODUCTS - Understanding the CFPB Proposal
John Burnett

January 6, 2015
Business Accounts Documentation and Procedures with Beneficial Ownership
Deborah Crawford

January 6, 2015
FFIEC Cybersecurity Initiatives and Observations from the 2014 Assessments
Susan Orr

January 15, 2015
The ABC's of IRAs - The Basic Ingredients
Patrice Konarik

January 20, 2015
B & Z Appraisal Rules - Getting Them Right
Jack Holzknecht

January 21, 2015
HMDA Soup to Nuts
David Dickinson



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#1257997 - 09/28/09 02:39 PM Checks Written on Closed Accounts
Yada...Yada...Yada... Offline
100 Club

Registered: 01/11/05
Posts: 239
Currently have 2 situations...

1. Prior customer is writing checks on a closed account. Amounts were enough to justify SAR, plus I was filing SARs on him for money laundering as well. Police and DOJ investigating him.

2. 2005 customer had checkbook stolen. Closed account out. Now checks are starting to surface.

I would like to contact our states retail association, bankers association, etc to warn people of these checks. Is that something I should do, or am I going to get into some "privacy" or other problems...
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Deposits and Payments
#1258058 - 09/28/09 03:36 PM Re: Checks Written on Closed Accounts [Re: Yada...Yada...Yada...]
BrianC Online
Power Poster

Registered: 11/26/04
Posts: 2938
Loc: Illinois
On both counts we report to Efunds (Chexsystems), the first for fraud, the second that the account was closed due to stolen checks (so it does not reflect negatively on our customer.) In both cases, merchants that utilize check verification will be informed that the accounts are no good.
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