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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

New CCH Deposit Law Notes newsletter Helps Banks Reduce Risk, Avoid Losses

(RIVERWOODS, ILL., June 19, 2000) – Every day, financial institutions personnel – from CEOs to customer service representatives – face a wide range of issues relating to the deposit, collection and payment of checks, and the decisions they make can have significant business implications. Now, CCH INCORPORATED (CCH), a leading provider of banking and financial law information and software, has introduced Deposit Law Notes – a practical newsletter offering clear and current coverage of the law concerning negotiable instruments and related transactions. ($225. For more information, or to order, call 1-800-449-6435 or visit http://onlinestore.cch.com). The monthly newsletter addresses real-life issues faced by banks, thrifts and credit unions on a daily basis and offers practical solutions for problems to minimize potential losses.

Current Coverage, Practical Guidance

All states have adopted some form of the UCC Articles concerning the deposit, collection and payment of checks, and court decisions can have a significant impact on the business practices of financial institutions. Deposit Law Notes delivers timely insight into the law concerning these transactions in a plain-English style that will help every employee at a financial institution understand and comply with the law.

In a handy newsletter format, this reference will benefit branch managers, tellers, operations personnel, internal auditors and in-house counsel as they are notified of recent interpretations of banking law, and how their day-to-day activities are affected as a result.

The newsletter covers a comprehensive range of topics, examining both the customer’s and institution’s responsibilities in cases involving forgeries, recrediting accounts, stopped payments, multiple payees, discrepancies, insufficient funds, returned checks and more.

Deposit Law Notes also helps employees recognize and resolve potential customer conflicts before they become costly problems.

About the Author

Deposit Law Notes newsletter is written by noted financial author Craig W. Smith. Smith founded VanCott Rowe & Smith, LLC in 1995, a publisher of monthly newsletters and sponsor of seminars on the deposit account relationship.

He has many years of teaching experience with the American Institute of Banking and over twenty years of corporate counsel experience involving general corporate, corporate secretarial, litigation, employment, compliance, contract, commercial, branch, retail and operations issues.

Pricing and Availability

For more information, or to purchase a subscription to Deposit Law Notes, call 800-449-6435, contact your CCH sales representative at 888 CCH REPS (1-888-224-7377), or visit the CCH Online Store at http://onlinestore.cch.com. Price is $225 for the annual subscription, plus applicable shipping, handling and tax.

About CCH INCORPORATED

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, banking, insurance, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com. The CCH Business and Finance Group web site can be accessed at http://business.cch.com.

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EDITORS NOTE: For members of the press, a complimentary review copy of Deposit Law Notes is available by contacting Leslie Bonacum at 847-267-7153 or bonacuml@cch.com.

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