New Deposit Accounts

Posted By: Runreb

New Deposit Accounts - 05/06/02 03:24 PM

Just curious if any of you obtain the signature of a "potential" new depositor before pulling a credit report or report from ChekSystems? If so, do you request the potential customer to complete some type of deposit account application?
Posted By: BrendaC

Re: New Deposit Accounts - 05/06/02 07:59 PM

We use an application to document the customer's request to establish a relationship with the bank. We don't call ChexSystems or pull Equifax report before app is signed.