It’s decades ago, and this banking company is upgrading its check processing system to let local branches help out with the checks that have been deposited, according to a pilot fish in the know.

“Instead of just sending deposited checks by courier from each bank or branch to the main operations center each night, banks got new equipment so they could key in the info from deposited checks at the local branch, then courier in both the checks and a disk with the keyed information,” says fish.

“Most of the banks got someone experienced in typing to do this — often a senior secretary who didn’t need much training. And the instructions specifically included making a backup copy of the floppy, to be kept at the local bank.”

To read this article in full or to leave a comment, please click here