If we offer a discount coupon from a local business to a consumer opening a checking account, is that considered a bonus under Truth in Savings?
Are other banks performing callbacks for customers completing online auto-enrollments? If not, what are the controls for preventing fraud?
If we price HELOCs based on the applicant's credit score and loan to value ratio, so some borrowers get a lower rate than other borrowers, can we disclose the lower rate in our advertisement, or do we need to disclose both rates? Do we also need to specify the criteria for receiving the lower rate?
We often have lobby posters advertising products, services, benefits like trips on a discounted price and others things on display so staff can answer questions on these and to promote these items. Do they require the general FDIC advertising statement.
Will we have to notify our customers or members of the inflation-related changes?
What are the changes the rule will make to Regulation DD?
Will my bank be affected by the change involving U.S. Pacific Island banks?
Will the $100 next-day availability rule be updated?
We have a “spin the wheel” promotion. To spin, a customer must donate $1 that the bank donates to a charity. All the prize amounts on the wheel are more than $1 therefore all customers will get more than they donate. The amount won is then sent to the customer via our e-wallet app. We set a certain number of spins and it is done on a first-come-first-served basis.
Will there be future Reg CC inflation adjustments? How often?