Bank Checks
A bank check, also known as a cashier’s check or official check, is a check issued by a bank and drawn from the bank’s own funds rather than the account holder’s personal account. When you request a bank check, the bank withdraws the amount from your account and issues a check with its own funds. This makes a bank check a more secure form of payment, as the funds are guaranteed by the bank, reducing the risk of the check bouncing. Bank checks are often a preferred method used for large transactions or when the payee requires a guaranteed form of payment.
How To Obtain a Bank Check?
Bank Check services can be purchased during all normal hours of operation and at all IC Credit Union branch locations. Depending on the check amount an applicable fee will be charged. See the Fee Schedule for more information.
What You Need to Know
- Payee Name
- Amount needed to prepare the check
Lost or Stolen Bank Check?
These instruments are guaranteed. In the event of a lost or stolen check IC’s policy is to wait 90 days to complete a stop payment order and reissue of check or funds.
