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View Full Version : A bank employee has to be bonded?


Satishsuri
Feb 26, 2009, 06:07 AM
My understanding is that to work for a bank. He should be able to get bonded. Is it true for all the banks and Credit unions in the country? What is being bonded?

Thanks.

Fr_Chuck
Feb 26, 2009, 06:08 AM
While I will assume yes, it is not a "law" it is a company rule, so to know for sure you would have to call each bank in the country and ask them.

excon
Feb 26, 2009, 06:54 AM
What is being bonded?Hello S:

A bond is an insurance policy. If a bonded person stole from their employer, the bond will pay.

excon