Check Clearing for the 21st Century

Beginning October 28, 2004, a new federal regulation entitled Check Clearing for the 21st Century Act will begin.
Under Check 21, many of your original checks will not be returned to CoreFirst Bank & Trust. Instead, your checks will be imaged and transmitted to us electronically during the clearing process allowing for a more efficient process giving you the following benefits:

Checks will clear faster making your balance more accurate.
Customers can find and store checks easier by accessing images online.
Fraud will decrease. Checks will clear faster and forgery items will be spotted sooner

Check 21 will have the most impact on those customers that receive their checks back in their monthly statements. In some instances, checks will now be replaced by “check substitutes” that depict all of the check information and will be considered legal proof of payment under State and Federal law.

More information regarding this regulation and how it may effect your account will be forthcoming. If you have any questions, please feel free to contact our Phone Bank at 267-8900 or 1-800-280-0123.