Verified Bank Locates

Improve your liquidation process with our multi-tiered bank products, which encompass national, regional, and local banks, along with credit unions. Our solutions guarantee up-to-date and accurate information on the status of identified accounts.

What RNN provides

RNN’s 3-tiered locate system focuses on identifying open and active national, regional, and local banks
and credit unions.

How it works

Verified Bank

Verified Bank utilizes the latest technology and strategic data sources to identify bank accounts. This approach confirms if the consumer banks at a specific institution and if their account is open and active.

Our 3-tier options provide customizable solutions to suit your needs and budget. All tiers come with the same quality and accuracy guarantee; the cost differences reflect the data acquisition and verification processes.

Verified Bank includes add-ons like monitoring for hits as well as the ability to create a custom waterfall based on your desired ROI for guaranteed results! No hit, no fee!

Benefits

Verified Bank and Verified Bank Locates and identifies banking and investment assets, enabling levy.
RNN Verified Bank and Verified Bank Locates do the heavy lifting by providing verified accounts, so you can pursue and increase receivables.
3-tiered options allow a customizable solution to fit requirements and budget.

Product: Certified Leads Testimonial

“RNN provides us the manpower to do what we used to do before covid. We had a robust staff that could do the manual work but now with it being so hard to hire and retain staff, taking data we have on hand today and verifying that out is almost impossible. RNN gives us a way to do that while conserving cost for more robust verified asset search waterfalls later in the account life cycle.”
– Multi-state Collection Firm

Product: Monitoring Services Testimonial

“There’s not a better service in the market that monitors than RNN’s VAST program. No worry about timing the asset searches or changes to consumer address information, no remembering to upload new files, or any of that. It’s the most reliable and dependable service we use on all our accounts. VAST has been a gamechanger for our firm.”
– Multi-state Midwest Firm

Product: Deceased Scrub Testimonial

“We prefer to use RNN’s Deceased scrub over the others in the market because it saves us a ton of time since they append the data of death to the records. They go deeper into the local level which we noticed when we started using them they were getting more locates due to that as well.”
– California Collection Firm

Product: Email Data Testimonial

“We have just started using RNN’s email and are already seeing a lift in traffic driving to our payment portal. Our internal costs are shrinking and we get several emails for the price of one so more options to get in touch with the consumers than we have ever had before. Emailing is still pretty new to us but with this success we see today, there is no turning back.”
– Collection Agency Partner

Product: Verified Income Testimonial

“The income indicator is very useful for our business model. It gives us another data set that allows us to push accounts directly into our legal stream and speed up the collection process on those flagged accounts. Especially in states that we see new restrictive collection rules coming into play.”
– Large Market Participant Debt Buyer

Product: Military Scrub Testimonial

“We use the military scrub as a brand protection method. It is one of our top priorities to not impact our service members in any negative manner and to do that we want to make sure we are constantly checking for changes in the status of those service members.”
– Multi-state Collection Firm

Product: Verified Bank Locate Testimonial

“RNN’s verified bank locates provide good liquidation on our accounts out with our attorney network. We see very high bank payer rate with our returns and an even stronger garn rate so we now use the locate service year round.”
– Debt Purchaser

Product: Monitoring Services Testimonial

“We use both the compliance vast setup and asset version. It takes the constant need to upload files and have my team check systems each and every day. RNN is like its own little machine doing those scrubs and just letting me know what needs to be taken care of. On the asset side I am always amazed that they just keep finding assets regardless of how long I have had an account in the system. It saves us time each and every day now that we don’t have to manage it ourselves.”
– Original Creditor