We also established a Y2K hotline backed by a special team of technical experts to answer examiners' questions and to join the examiners at national banks. The vast majority of national banks completed Y2K renovations in 1998 and testing of renovated systems by June 30, 1999. In addition, remind yourself to check out Y2K rumors before you believe them. As we get closer to the New Year, rumors and scare stories will increase. To help sort fact from fiction, we recommend you talk to your banker.
Information also is available through the Web sites and customer hotlines of bank regulators.
The OCC advises bank customers to follow their usual financial habits over the holidays and into the New Year. We know that the banks are ready for the century date change and there will be plenty of cash available at almost any hour. You don't have to take any unnecessary chances that you will suffer a loss or theft of your money during the holiday season. The safest place for your money is in the bank. Don't forget you also can use your checks and credit and debit cards to pay for things.