Electronic Check Recovery Service for Merchants
Over the past several years The Bank of Fincastle has partnered with the Federal Automated Recovery Systems (FARS), a division of Infinity Business Group, Inc. (IBG), to provide you the opportunity to take advantage of Electronic Check Recovery (ECR).
On September 2, 2010, The Times Tribune (Corbin, KY), reported that the company, Infinity Business Group Inc., with locations in Barbourville and Lexington, S.C., filed for Chapter 7 Bankruptcy.
As a result The Bank of Fincastle will no longer send returned checks to FARS. Returned checks will be presented a second time prior to being returned to you, the merchant, to facilitate the collection process.
We are sorry that this service is no longer available. The Bank of Fincastle can supply copies of all uncollected checks sent to FARS should you need for collection purposes.
Should you have any questions please feel free to contact Tina King, FARS Manager, at (540) 473-2761.