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#2280286 - 01/25/23 09:06 PM Signature Cards
MPBSA Offline
New Poster
Joined: Jun 2022
Posts: 21
As of now my bank requires a new signature card on consumer accounts for name changes and address change. In many cases this is an inconvenience to the customers. I’m looking to see who allows these sort of changes to happen with a maintenance form that captures the change and not create a new signature card?

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Operations Compliance
#2280287 - 01/25/23 09:10 PM Re: Signature Cards MPBSA
Bankwoman1 Offline
Diamond Poster
Joined: Dec 2015
Posts: 1,064
Midwest
We require a new signature card when there is a name change along with any documentation supporting the name change.

We do not require a signature card for address changes, a maintenance form with the customers signature is required for that.

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#2280303 - 01/26/23 04:00 PM Re: Signature Cards MPBSA
RockChucker, CAMS Offline
Diamond Poster
Joined: Jul 2013
Posts: 1,700
The Country
We do not require a new signature card for address changes or other maintenance that doesn't include adding someone to the account or changing a name.
_________________________
A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
-David Brinkley

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#2280310 - 01/26/23 05:05 PM Re: Signature Cards MPBSA
Sunshine Lady Offline
Platinum Poster
Sunshine Lady
Joined: Apr 2014
Posts: 680
The customer does have to sign a new card if a name change is done. If an address is changed, they sign a maintenance form.
Last edited by Sunshine Lady; 01/26/23 05:07 PM.
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Define Success on your own terms, achieve it by your own rules, and build a life you are proud of. Anne Sweeney

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