Can an authorized signer on a consumer checking account order themselves a debit card on the account?
I am the Training Specialist for my bank and we have just passed the $1 Billion mark. I want to be sure that I have provided all the required training to the employees. I know we must provide, privacy, BSA/AML, security, Id Red Flags, Reg. CC and SAFE act training to our NMLS employees. Is there any other topics that I should add to this list?
Can we retain an ACH credit as a recovery on a deposit account we have charged off? I understanding if the ACH is for government benefits the rules prohibit us from retaining the funds, however, this is a tax refund and I wonder if deposit sources can be treated differently.
Can we now use a revised Closing Disclosure to adjust a closing cost that’s increased after we’ve delivered the Closing Disclosure, and not have to absorb the increase?
Are we at the institution required to send valid/invalid claim notices when disputing remotely created checks (RCC), and if so, where is the requirement?