Compliance Action, Volume 11, Number 3

CRA: New Questions and Answers (4 Action Steps)

By Lucy Griffin

New Q&As issued by the agencies provide guidance for CRA and is of significance particularly to any institution that makes community development loans or investments.

Managing Software and Software Vendors (4 Action Steps)

By Andy Zavoina

In this issue, BOL guru Andy Zavoina shares his knowledge about vendor software licenses.

Action Training: Compliance Definitions:What is a Day? (Chart)

By Lucy Griffin

In the world of banking, some days are days and some are not.

Compliance Notes

• Reg E and Payroll Cards
• Burden Relief
• Walmart Bank?
• Comment Letter Count
• Flu Compliance?

Compliance Calendar

In the Editor's Opinion
How Much Burden is Compliance?

By Lucy Griffin

"Regulatory burden" is often synonymous with "compliance". When in fact, most of what constitutes regulatory burden does not come from the regulations traditionally defined as compliance.

Compliance Q & A

• Identity Theft Prevention
• Escrow Account Waiver Fee
• Payment Schedule Adjustments
• CIP and MSB Customers

New FDIC Insurance for Retirement Accounts

By Lucy Griffin

FDIC has issued a consumer bulletin explaining the first deposit insurance limit increase in 25 years for retirement accounts.