Businesses Face Next Big Y2K Test As Work Resumes Monday

Companies are hoping Monday morning blues do not come in the form of the Y2K computer glitch.

John Koskinen of the President's Council on Y2K said banks and other financial institutions spent the weekend running last minute checks.

"Major banks and securities systems are using this weekend to test their systems and we have not received any reports of major problems," Koskinen said.

North Carolina Banks and other financial institutions as well, according to Paul Stock, with the North Carolina Bankers Association, are ready as the virtually glitch-free rollover proved.

With no major problems so far, and industry watchers calling the Y2K bug a non-event, Stock says, businesses did learn something from the Y2K alert.

"I think we're better-equipped to be able to deal with difficult situations of all types, natural disasters, hurricanes, floods, in the future than we were before this event," Stock said.

Koskinen said that the Social Security Agency is also ready for what is believed to be its busiest day Monday.