Skip to content

Requiring Loan Customers to Maintain a Deposit Account

Question: It is our policy to require loan applicants, both consumer and commercial, to maintain a deposit account with us. The loan agreement requires the customer to keep the account in good standing for the life of the loan.

This content is for Premium Subscribers only.

SUBSCRIBE to Compliance Action to get access today!

If you are already a Premium Subscriber please login to view this content.

Compliance Action