What do I look for in an account? -- CU Succeed From BayLands Federal Credit Union

Share Draft Checking Tips

Here are some tips for how to best use your Share Draft Checking Account.

1.	Treat checks the same as cash and keep them in a safe place.
2.	Don't accept a check that appears to be altered and don't make any changes on checks written to you.
3.	Don't make a check out to 'Cash' or 'Bearer'. This allows anyone to cash it. Instead, write in the name of the financial institution or business where you're cashing it.
4.	Destroy any blank checks and deposit slips you won't use.
5.	Don't sign a check until you have filled in the amount and the name of the person or business you're paying. If a signed, blank check is lost or stolen anyone can fill in a name and amount and cash it.
6.	Don't let merchants write your credit card number on your check. Several states have laws prohibiting this practice because it encourages credit card fraud.
7.	Don't be offended if the Front Line staff at your credit union does not remember you and asks you for identification, or if they ask that you sign a check in their presence. This is a security measure that protects your money.
8.	Save all your checking receipts and statements in a file folder or box. You need to keep them for 5 to 7 years for income tax purposes.

Information on this page is contributed to by the Credit Union National Association (CUNA)

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