Dealing with Subpoenas, Summonses, Garnishments & Tax Levies

On a daily basis, a credit union is faced with having to comply with a multitude of legal documents that are served on it. These documents can order your credit union to produce confidential customer information, hold member funds, and can even order it to seize property in its possession belonging to the member.

If you find these documents confusing and intimidating, attend this multi-state seminar to learn the best practices of how to deal effectively with these documents and the parties who serve them upon you.

Covered Topics

  • Legal differences among subpoenas, summonses, levies, garnishments, writs of attachments and warrants
  • What your credit union should know about the Right to Financial Privacy Act, the Financial Privacy Act, and similar laws and regulations
  • Verifying member information when complying with subpoenas, garnishments and levies
  • Best practices that can be applied when processing these legal documents
  • Helpful resources to assist your credit union when complying with these orders
  • Whether garnishments and IRS tax levies will attach to special accounts, like individual retirement accounts, health savings accounts and escrow accounts.

Who Should Attend?

Compliance officers, legal counsel and personnel who process garnishments, levies, and other legal documents served on the credit union.