Click to return to BOL home page
Banker Store Read A Reg BOL Insiders Career Connect Learning Connect Bankers Information Network






Topic Options
#346959 - 04/14/05 02:47 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?

Top
Operations Compliance
#346960 - 04/15/05 10:02 AM 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.

Top
#346961 - 04/15/05 10:40 AM Re: ChexSystems Signage
John Burnett Offline

10K Club

Registered: 10/27/00
Posts: 31687
Loc: 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

Top

Moderator:  Andy Z, John Burnett, Ken_Pegasus