Examine all account activity to determine the account balance as of the first of the
month (FOM), if bank account development is necessary (e.g., the recipient alleges
more than $400 in countable liquid resources).
Evidence of account balances include, but is not limited to:
Bank statements and passbooks; and
Withdrawal information in check registers and/or deposit slips.
NOTE: Be alert for advance dated payment months for both direct deposit and payment-by-check
situations. Any payment made early because the payday falls on a holiday or weekend
day is treated as income for the month of normal receipt. See SI 01140.200C.3. Also, if the individual alleges uncashed checks written prior to the FOM, they may
be considered an encumbrance and reduce the equity value of the checking account by
the encumbered amount See SI 01140.200C.4.