10-28-04 - NEW YORK (AP) Don't write a check you can't cover now. A new check processing system goes into effect Thursday that speeds the time it takes for a check to clear.
Consumer advocates say Americans need to closely watch their accounts to avoid bouncing checks and racking up fees and penalties.
The Check Clearing for the 21st Century Act, better known as Check 21, lets financial institutions exchange electronic images of checks rather than the paper itself.
Consumers who still get checks back with bank statements will likely begin seeing images of some checks among the paper ones.
It could take years for the entire system to kick in. An expert at Forrester Research estimates it will be the end of the decade before all banks and credit unions digitally process checks from start to finish.
Consumer advocates also say people need to watch statements to be sure no checks are debited twice.
Posted: 05/23/13 - Julie Luton of Bonham took home the top honor of the evening at the recent volunteer banquet hosted by the Fannin County Children’s Center. Luton was named the CASA Volunteer of the Year for her work in advocating for abused and neglected children in foster care. Read More
Posted: 05/22/13 - (Idabel, Okla.) – For anyone interested in learning more about building preservation, Idabel Main Street will host “Historic Building Maintenance,” a workshop on the care and maintenance of the historic district, June 25th, from 5:30pm – 7:00pm, at the Idabel Public Library. Read More
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
