Most Popular Compliance Content
Are written policies and procedures required?
07/31/2022
Does our bank have to have a written policy or procedures for handling garnishments?
Examiners and bank garnishment procedures
07/31/2022
Will our FDIC examiners be reviewing how we handle garnishments?
Beneficiaries included in the deposit insurance calculation
07/31/2022
What are the criteria for beneficiaries under the amended rules?
Loan Origination Systems
07/24/2022
What is the primary function of a loan origination system?
Holding Less Reg CC Funds
07/24/2022
Regarding Reg CC and Next Day Availability, does the bank have the authority or flexibility to release an amount larger than the $225 required by the regulation? For example, if a $10,000 check is deposited in a consumer's account, can the bank release an amount such as $2,500? This would include $2,275 in addition to the $225 required by the regulation.