Most Popular Operations Content
Credit Union Ex-AIF Forgery
12/15/2019
Customer of credit union removed his attorney-in-fact from having this designation on his account. Three years later he went to the credit union and verbally asked to make sure that the AIF was "off" his accounts in every way. Two years later the ex-AIF presented a customer service request document adding herself as beneficiary. If this is a forgery as claimed, it appears to bear a good one of customer's signature. Is credit union liable for now having paid her as beneficiary?
2 Forms of I.D. for a Signer on an Account?
12/15/2019
Is the bank required to get two forms of I.D. for a signer on an account?
Implementing Reg CC inflation changes
12/15/2019
Can we make the Reg CC inflation changes early?
Beneficiary on Rep Payee Acct. when Owner Dies
12/15/2019
Who would be the beneficiary on a representative payee account when the owner dies? Since a POD can't be named on the account what do we do with the funds in the account, and can the next of kin close the account with a death certificate in Oklahoma?
Account Labeled DBA- Deposit Made with Cash Back?
12/08/2019
If a customer has an account labeled dba using the owners SSN - may a deposit be made with cash back?
