Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#346959 - 04/14/05 06:47 PM ChexSystems Signage
Anonymous
Unregistered

Is anyone aware of required signage (i.e., on customer service reps desk) indicating that the FI uses Chexsystems? And what about the same scenariou with Equifax?

Return to Top
Operations Compliance
#346960 - 04/15/05 02:02 PM Re: ChexSystems Signage
Anonymous
Unregistered

Years ago we had a Chexsystems sign on every CSR desk. I believe Chex provided the signs but I never knew if it was a requirement or not. Over the years, the signs have disappeared and examiners have never mentioned needing those signs.

Return to Top
#346961 - 04/15/05 02:40 PM Re: ChexSystems Signage
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
It's not a regulatory requirement. The signs are designed to scare off folks who have been tossed out of other banks (that presumably reported them to ChexSystems).
_________________________
John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

Return to Top

Moderator:  Andy_Z, John Burnett