Most Popular Compliance Content
Customer Writes Check from Bank A/Deposits Bank B
11/24/2019
We have a customer who writes checks from his account at our bank (Bank A) and deposits them at Bank B. The account is overdrawn every morning. He then wires money from Bank B back to Bank A to cover the overdraft. The account is not being used as a business operating account. Each day the amount involved gets larger. How should we address this? Is there a specific Regulation we can site for closing the account?
Bankers Beware: 11K+ ADA Lawsuits Filed in 2019
11/24/2019
Website ADA Discrimination cases appear to be on the rise; how many of these cases were filed in federal court in 2019, and is this actually a significant increase from earlier years?
Understanding UDAAP
11/24/2019
Where does the CFPB’s authority come in when they determine something is “Abusive”?
Account Closing Survey: CAN-SPAM Rules?
11/17/2019
If our Bank is adopting an account closing survey and they want to send it to closed account customers by text and email, does this fall under the CAN-SPAM rules? They are only requesting feedback, there is no promotional material.
FATCA and NRA Interest reporting
11/17/2019
When did all this interest reporting begin on NRA?
