Most Popular Compliance Content
Know Your Customer Soon - Somehow
10/01/1997
We keep hearing that there will be Know Your Customer regulations "soon." We have been hearing this so long that the question seems to be will it really happen and, if so, when.
FDIC Releases CRA Ratings
10/01/1997
In it's September list, FDIC reported CRA ratings for 141 banks. The ratings were predominantly Satisfactory and Outstanding. Thirty-three banks were rated Outstanding.
Question & Answer
10/01/1997
Question: We have a policy of providing overdraft protection but have done so on an informal basis. Now we are considering whether to use a formal agreement with customers.
Question & Answer
10/01/1997
Question: When we consider applications for deposit accounts, we obtain reports from a check reporting system to determine whether there is any fraud or problem activity for that customer on
Why Isn't Regulatory Burden Getting Better?
10/01/1997
Why, when there have been concerted efforts by both Congress and the bank regulatory agencies (to say nothing of the industry) to reduce regulatory burden, does it seem to be growing instead?