I have a check made out to the US Postal Service C/O My Name. It was a refund that was supposed to be in my name only. I called the state treasurer's office about this because it is a state check and I would need to wait 30 days for a new one. Before I do that, is there any issue if I was to sign and deposit it in my account?
Yes, it would be a mistake to attempt to deposit the check to your account. If the bank didn't catch the discrepancy in payee names, the check could come back to the bank as long as three years later based on the lack of appropriate endorsements. That would mean the bank would have to look to you for reimbursement. Your best course of action is to complete the paperwork to have the check reissued properly.
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Yes, it would be a mistake to attempt to deposit the check to your account. If the bank didn't catch the discrepancy in 