Saturday, August 15, 2009

Transportation Alliance Bank is back to using chexsystems

For several years now Transportation Alliance Bank (TAB) was known as a favorite for those reported to chexsystems since they were approving everyone reported and not utilizing chexsystems. For several years now, anyone regardless of chexsystems, credit issues and where they lived were being approved.

This week we have been informed that they are now using chexsystems yet again. You would imagine that this would not be the case in an economy where banks are desperate for deposit accounts. We hope perhaps they will stop using it again in the future.

Please be advised that Transportation Alliance Bank pulls a Chex Systems report on every new customer.
Dan
Vice President,
BankCard & Deposit OperationsTransportation Alliance

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