The NCUA has a regulation that will not allow a Federal Credit Union to close out a members relationship without being approved by the NCUA Board. However, the FFIEC manual allows for an institution to close out a member due to multiple SAR's. Does the FFIEC Regulation supersede the NCUA regulation that requires approval before closing out a relationship?
Is it a requirement that all archived loan statements have the "backer" information on it meaning the Reg E language, bank logo, copy of paid checks, etc...?
Are financial institutions required to give written notifications to customers when the bank gives credit for unauthorized ACHs?
We occasionally have customers that have passed away and have no beneficiaries on the account. Do we have to continue to print their account statements monthly or can we change it to print annually?
Do you have a form letter template or suggested text that can be used when we receive a legal issue from outside a jurisdiction we would otherwise have to honor, stating we will not be responding and that legal issues must come from our areas we are subject to?