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What is the Financial Institution Data Match Program?

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What is the Financial Institution Data Match Program?

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The Financial Institution Data Match (FIDM) Program is used to identify accounts held by noncustodial parents who owe overdue child support. A financial institution includes any bank, federal or state credit union, insurer, safe deposit company or money market mutual fund authorized to business in Pennsylvania. Once identified, these accounts may be subject to “freezing” and “seizing” by the county Domestic Relations Section (DRS). Accounts that are subject to freeze and seize include: demand deposit accounts, checking accounts or negotiable withdrawal order accounts, savings accounts, time deposit accounts, and money market mutual fund accounts. The financial institution that holds the noncustodial parent’s assets will receive a freeze order from the county DRS. The DRS will send a notice to the noncustodial parent that his/her assets have been frozen. The noncustodial parent will have 30 days after the notice! was issued to pay the amount of the overdue support in full or contest the

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The Financial Institution Data Match (FIDM) Program is used to identify accounts held by noncustodial parents who owe overdue child support. A financial institution includes any bank, federal or state credit union, insurer, safe deposit company or money market mutual fund authorized to business in Pennsylvania. Once identified, these accounts may be subject to “freezing” and “seizing” by the county Domestic Relations Section (DRS). Accounts that are subject to freeze and seize include: demand deposit accounts, checking accounts or negotiable withdrawal order accounts, savings accounts, time deposit accounts, and money market mutual fund accounts. The financial institution that holds the noncustodial parent’s assets will receive a freeze order from the county DRS. The DRS will send a notice to the noncustodial parent that his/her assets have been frozen. The noncustodial parent will have 30 days after the notice was issued to pay the amount of the overdue support in full or contest the

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