MONEY LAUNDERING TASK FORCE MAKES RECOMMENDATIONS
There is no use pretending these are not tough times in this industry. And most bankers are honest enough to admit to themselves that there are areas that must be made leaner and more profitable.
Question: A check was deposited with our institution, payable to a corporation, split into two corporate accounts.
Question: A Tennessee banking officer asks: "We had an inquiry from Medicaid, received in January, 1991, for information on one of our customers. The form was signed and dated in 1987.
Question: A Return Items Officer in Iowa asks: "We just got a check back through the work that was deposited in our institution almost six months ago. It was marked 'forged signature'.