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'.
In 1948 there were less than 10,000 personal bankruptcies in the United States. In 1981 there were 360,000. In 1989 there were 725,000!
Question: I have been using the articles in Bankers' Hotline on forgeries in our teller training classes, but I have a question that wasn't covered in the articles.
Our sympathy award this month goes to the financial institutions in Florida that had a bit of a problem with the new gas pump point-of-sale terminals.
According to American consumers, the most difficult form to fill out is the mortgage application. Bankers agree!