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#1591285 - 08/12/11 03:24 PM Dormant Account and Examiner
RBanker Offline
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RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
Had an examiner infer that correspondent accounts that we hold for other Bank's cannot go dormant and that they should be set as such - anyone ever hear that before?
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#1591403 - 08/12/11 04:09 PM Re: Dormant Account and Examiner RBanker
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,370
Galveston, TX
What type of examiner?? I'm not sure how a correspondent account would remain inactive long enough to be even considered for escheat in the first place. Apparently they have not enough to do.
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