Financial Institution Data Match
From the
beginning, financial institutions have been a partner in designing
the financial institution data match program. As a new partner in child
support enforcement, financial institutions had to quickly learn the
role and function of the child support program; implement technical
requirements; differentiate between the processes for
single-state and multi-state institutions; and be prepared to process
seize requests initiated by states. The continued cooperation
of financial institutions results each quarter in many thousands of
matches and account seizures leading to substantial support collections
for children.