A Closer Look Into Altered Checks

Thank you for your interest in our webinars! To access this presentation, please login at the top of the page. If you are not a registered member but are interested in our services, please contact [email protected].

ABA CE Credits: 1.25 CAFP, CRCM, CERP

Description: Join us for a deeper look into dealing with altered checks.  Find out how to distinguish altered checks from counterfeit checks, as well as the roles played Federal Regulation, state-law, and account agreements.  Learn each party’s rights and the timing requirements to exercise those rights.  Come discover who takes the loss when an altered check is presented, and which questions should be asked to determine liability.   Find out the difference between returning altered checks and making a warranty claim on an altered check.

Key takeaways include:

  • Identifying altered checks and distinguishing them from counterfeit checks
  • Understanding each party‚Äôs rights in the transaction and the timing to exercise those rights
  • Determining and assign liability to the responsible party

People Who Should Attend: 

Operations Personnel, Compliance Personnel, Branch Personnel

Presenter:  Julia A. Gutierrez
Director of Education / C/A

Julia A. Gutierrez serves as C/A’s Director of Education; developing curriculum and presentations, as well as presenting at various schools and seminars; both live and in a livestream/hybrid format. Julia has over 20 years of financial industry experience to the Compliance Alliance team. She began her career in banking in 2000 while receiving her Bachelor of Business Administration degree in Finance from the University of Alabama. Her compliance knowledge and understanding derive from her combined experience in community banks and consulting. Ms. Gutierrez served as a Risk Management and BSA Officer, assisted in the development of an enterprise wide risk management and compliance program for a de novo institution, assisted in the compliance remediation efforts for an institution who was referred to the DOJ, held positions in retail and branch management, and was a Senior Compliance Advisor for a large regulatory compliance consulting firm.

In addition, Julia also joins the Hotline from time-to-time where her experience is invaluable as a resource. She also is one of our featured authors for both the monthly B/A Access magazine and for articles published by state bankers associations across the nation.