ICBA releases guide on contacting regulators about check fraud

ICBA’s Check Fraud Task Force published a new guide that explains how and when community banks should contact regulators about check fraud.

Background: Check Fraud: Engagement with Federal Bank Regulators was developed by the community bankers who comprise ICBA’s Check Fraud Task Force. It also offers suggestions on how to frame feedback and where to direct communication based on the experiences of peer community bankers.

Contact ICBA: ICBA continues to raise awareness of check fraud in the news media and encourages community bankers to share their experiences and input on the challenge of check fraud at checkfraud@icba.org.

More: ICBA this year has also published Check Fraud: Detection Mechanisms and Check Fraud: A Practical Guide to Altered, Forged, and Counterfeit Checks for Community Bankers.

Other Resources: For more information on check fraud, community bankers can:

• Join the fraud subgroup on ICBA Community.
• Listen to an Independent Banker podcast on the issue.
• Read Independent Banker’s latest article on check fraud mitigation tips.
• Watch the recording of ICBA’s ThinkTECH Solutions Forum on fraud.
• See recent media coverage of the issue generated by ICBA.