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#800194 - 08/22/07 03:54 PM What dept handles garnishment and levy's
Slugbug Offline
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Can I get a response on what department handles garnishments & levy's in your banks? We are having a discussion on who should do this.

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#800215 - 08/22/07 04:11 PM Re: What dept handles garnishment and levy's Slugbug
MaryRink Offline
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I am the Compliance Officer of a $150M bank. I handle all the levies, garnishments and subpoenas.

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#800218 - 08/22/07 04:14 PM Re: What dept handles garnishment and levy's MaryRink
#Just Jay Offline
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Cheeseheadland
600M....Customer Service handles ours.
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#800232 - 08/22/07 04:24 PM Re: What dept handles garnishment and levy's #Just Jay
KrisH Offline
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Massachusetts
300M, Operations handles garnishments and levies.
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#800233 - 08/22/07 04:26 PM Re: What dept handles garnishment and levy's KrisH
mkp122 Offline
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400m Security handles levies & subpoenas

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#800319 - 08/22/07 05:35 PM Re: What dept handles garnishment and levy's mkp122
Loving Life Offline
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900M Bookkeeping handles
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#800342 - 08/22/07 05:49 PM Re: What dept handles garnishment and levy's Loving Life
Dan Persfull Offline
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200M - bookeeping
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#800345 - 08/22/07 05:50 PM Re: What dept handles garnishment and levy's Dan Persfull
A_G Offline
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200M, back-office deposit ops
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#800440 - 08/22/07 06:37 PM Re: What dept handles garnishment and levy's A_G
Slugbug Offline
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Thank you everyone who responded. This will help in our decision making. Interesting how each institution delegates the work!

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#800864 - 08/23/07 12:13 PM Re: What dept handles garnishment and levy's Slugbug
John Burnett Offline
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As I recall, tasks like this are most often assigned to the department with at least a remote connection with the task at hand and a perceived gap in its workload.
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#801601 - 08/23/07 08:37 PM Re: What dept handles garnishment and levy's KrisH
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Originally Posted By: KrisH
300M, Operations handles garnishments and levies.
Ditto.

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#801795 - 08/23/07 11:40 PM Re: What dept handles garnishment and levy's P*Q
Andy_Z Offline
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We were $600M and it was Ops.
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#802549 - 08/24/07 07:38 PM Re: What dept handles garnishment and levy's Andy_Z
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the beautiful state of ME
Just over $1 billion and it's the deposit operations department - for employee wage garnishment it's Human Resources.
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#802566 - 08/24/07 07:45 PM Re: What dept handles garnishment and levy's P*Q
AnnL Offline
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Deposit Ops- That's were everything goes that does have a clear owner!!
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#804346 - 08/28/07 09:09 PM Re: What dept handles garnishment and levy's AnnL
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Bookkeeping Ops because we don't want the bankers touching them!
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#805245 - 08/29/07 08:22 PM Re: What dept handles garnishment and levy's tpowers4
Charles Everson Offline
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Overland Park, Kansas
$300M - Deposit Operations.
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#805272 - 08/29/07 08:40 PM Re: What dept handles garnishment and levy's Charles Everson
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Collections.
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#805353 - 08/29/07 09:25 PM Re: What dept handles garnishment and levy's Slugbug
Andy_Z Offline
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Originally Posted By: Slugbug
Can I get a response on what department handles garnishments & levy's in your banks? We are having a discussion on who should do this.


Isn't the real answer, the department which can best react to and maintain the requests? It could be that one department oversees the procedure and others do parts of the work involved. What would work best for you?
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#1419299 - 07/23/10 03:50 PM Re: What dept handles garnishment and levy's Andy_Z
MoodyBlue Offline
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Compliance.

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#1420020 - 07/26/10 10:45 PM Re: What dept handles garnishment and levy's MoodyBlue
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4B, Levies - Ops, Garnishments - HR, Subpoenas - Cashiers (CFO's Office)
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#1420066 - 07/27/10 12:50 PM Re: What dept handles garnishment and levy's Blade Scrapper
John Burnett Offline
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Looking for a training program on handling subpoenas, summonses and search warrants? Check out Mary Beth Guard's September 16th webinar at http://calendar.bollearningconnect.com/main.php?view=event&eventid=1280171231570
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#1422935 - 08/02/10 08:14 PM Re: What dept handles garnishment and levy's John Burnett
EdieT Offline
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PA
$350M -I did it when I was in the Operations Dept. Now I moved to Compliance & the levies, subpoenas & garnishments came with me.

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#1422959 - 08/02/10 08:29 PM Re: What dept handles garnishment and levy's Slugbug
Elwood P. Dowd Offline
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In my experience, the reasons for planting this responsbility in one department or another are historic; i.e. unique to the institution. As Edie notes, it may even be the background of a particular employee that prompts their migration from one area to another.

If the proposed regulations requiring banks to identify protected federal payments are finalized, then federal functional regulatory agencies will be responsible for examining for compliance. (Yeah, like they know something about the topic.) From my perspective, that puts a pretty big weight on the "compliance department" side of the scales.
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#1424993 - 08/05/10 08:39 PM Re: What dept handles garnishment and levy's Elwood P. Dowd
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$250M-Internal Auditor (which is me) and BSA/Compliance officer.
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#1425507 - 08/06/10 06:55 PM Re: What dept handles garnishment and levy's Happy Drugs
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Hoosier Country
It was the same among the 3 financial institutions I've worked at:

1. $350 million - deposit operations
2. $280 million - bank operations
3. $20 billion - central bank operations

With all three, if it involved an employee it was handled by HR and myself (Compliance Officer)
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Opinions expressed in these threads are my own and not my employer's.

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