Hurricane Katrina : FDIC Asks Banks to Honor All Checks Issued by the Social Security Department

Gramm-Leach-Bliley Act (GLBA)Federal Deposit Insurance Corporation (FDIC)Identity Theft
Risk Management

Summary: The Federal Deposit Insurance Corporation encourages banks to assist those impacted by Hurricane Katrina by honoring handwritten, typewritten, and laser checks issued by certain Social Security Administration Offices.

Highlights:

Due to operational issues resulting from Hurricane Katrina, certain Social Security Administration offices are issuing handwritten, typewritten, and laser Social Security checks.

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