Y2K and your Customers

The regulatory agencies are becoming increasingly concerned that a lack of preparedness by commercial bank customers may jeopardize the safety of loans to those companies and thereby threaten the safety and soundness of the bank. Be sure that your bank's Y2K program includes a review of your commercial customers and their exposure to Y2K issues.

Copyright © 1998 Compliance Action. Originally appeared in Compliance Action, Vol. 3, No. 1, 1/98