Financial records of nearly 700,000 customers who used four major banks may have been stolen by bank employees and sold to collection agencies, officials said Monday.


The bank employees accessed records for customers of Cherry Hill, N.J.-based Commerce Bank, PNC Bank of Pittsburgh, and Charlotte-based banks Wachovia and Bank of America, according to Ken Zisa, police chief in Hackensack, N.J., where the investigation was centered.


More than 100,000 customers of Wachovia Corp. and Bank of America Corp. have been notified of the problem. So far, Bank of America has alerted about 60,000 customers whose names were included on computer disks discovered by police.


For this complete story, please visit Bank Security Breach Grows; Nearly 700,000 Customers At Risk.


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