It is going to be a year now that we had everyone in our bank fingerprinted so we made it a procedure at our bank to fingerprint new hires.
We became aware of fingerprinting when we received a faxed newsletter from the ABA Insider dated April 21, 2006. We then contacted the ABA (1-800-BANKERS) and asked for more information.
I found it interesting that penalty under FIRREA for hiring a know criminal is $1,000,000 per day fine. And that on average, 10% of fingerprint cards submitted uncover a criminal record. "Personnel in high-risk areas, such as those having access to cash, wire transfer, investments, securities, and sensitive information should be fingerprinted every three to five years."
At the time we started fingerprinting our employees the cost of the fingerprint service from the National FBI Fingerprint Service was $30.00 per card. We had a local police officer come in and do the fingerprintes for us for $5.00 a card, we did 2 cards per employee so that we could keep one in their personnel folder.
Chiquita pero picosa.