Most Popular Compliance Content
Handling Reg E claims on older transactions
07/31/2022
If an EFT claim is made long after the statement is sent showing the transaction, the rules of investigation don't apply. So why do we investigate any of these claims?
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?
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.