Most Popular Compliance Content
Spreadsheets for loan policy exception tracking
04/02/2023
What are some potential drawbacks to using spreadsheets to track loan policy exceptions?
Returning Checks as "Fraud"
04/02/2023
When a fraudulent check is presented for payment after the account is closed, is it returned as 'fraud'?
Avoid UDAAP in advertising.
04/02/2023
What is your opinion of offering a checking account that offers add-on third party benefits as a feature of the account? Customers are only able to obtain the add-on services if they buy the account and pay the service charge disclosed for this product.
Should All ATM Owner/Operators be Considered High-Risk?
04/02/2023
We have independent ATM owners as customers. Should we classify them as high-risk?
New Fee - Disclosure Rules
04/02/2023
Our bank charges a telephone transfer fee. This was a new fee added recently. According to Reg E Section 1005.7(b)(5), we must disclose any fees for EFTs or the right to make transfers. I wasn't sure if the fees described in Reg DD applied to this type of transfer fee. Would we need to disclose this fee 21 days prior to the change?