Latest Compliance - Bank Protection Act Topics

We can all recognize the hothead examiner who charges around voicing concerns and mumbling something about a "three rating" that could result.

In the past 18 months, the bank and thrift regulatory agencies have given detailed guidance on what institutions should do to protect customer privacy and have specified what policies and procedure

The new banking law contains several provisions related to customer privacy. First, the act requires financial institutions to have a privacy policy.

Check the regulators' Y2K websites for last minute information that may be helpful to your customers. The Y2K checklist for customers is a good piece to put in your lobby as "take-ones."

A presence on the Internet raises special privacy concerns. The possibilities of how information security can be breached are multi-directional.