Revision to check cashing policy

In a recent audit of our treasury operations, Internal Audit recommended that the university revise Policy 303.5 to prohibit cashing personal checks for employees. With knowledge that only a small percentage of employees were using this service and that most of the other campuses under the University of Arkansas System were no longer cashing checks for their employees, we agreed to comply with the recommendation effective June 30, 2016.

Per our revised Check Cashing Policy, the Cashier’s Office will no longer cash personal checks after June 30. For your convenience, ATM machines are located in the Donaghey Student Center (DSC).

Steve McClellan
Vice Chancellor for Finance and Administration

Posted in: Policy News

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