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LATEST UPDATES

October 1, 2025 at 1:00:00 AM

CICS PARTICIPATION OF NETWORK CONSOLIDATED COOPERATIVE BANK

CICS PARTICIPATION OF NETWORK CONSOLIDATED COOPERATIVE BANK

Network Consolidated Cooperative Bank is the latest participant in the PCHC's nationwide Check Image Clearing System (CICS) starting October 01, 2025.

August 7, 2025 at 10:45:00 AM

LATEST VERSION OF CHECK DESIGN IMPLEMENTATION - POLICY AWARENESS

LATEST VERSION OF CHECK DESIGN IMPLEMENTATION - POLICY AWARENESS

ATTENTION CHECK ISSUERS: Checks where the DATE OF ISSUE and/or AMOUNT IN FIGURES are not in the required format or acceptable variants will be refused for deposit/clearing starting July 1, 2025 (August 1, 2025 for Manager's/Cashier's Check). Click READ MORE for details.

July 1, 2025 at 4:00:00 PM

MC.3887.CLARIFICATIONS ON STRICT ENFORCEMENT OF THE NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND UNNECESSARY SPECIAL CHARACTERS_SYMBOLS IN THE AMOUNT IN FIGURES

MC.3887.CLARIFICATIONS ON STRICT ENFORCEMENT OF THE NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND UNNECESSARY SPECIAL CHARACTERS_SYMBOLS IN THE AMOUNT IN FIGURES

Only the DATE OF ISSUE and the AMOUNT IN FIGURES have restrictions (must be in the required/ acceptable format).

New presentment of Checks which Date of Issue and/or Amount in Figures are not in the required or acceptable format, are no longer acceptable.

Warehoused Checks though non-compliant were accepted when still valid and as such, acceptable upon presentment when due. However, if dishonored, will lose eligibility for re-clearing starting July 1, 2025 due to the strict enforcement on non-acceptance.

Non-compliant Checks however, may be presented directly to the Drawee Bank for payment.

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