Most Popular Compliance Content
Remember the SCRA when reporting loan history
01/31/2021
Can we report a past due loan to the credit bureau when SCRA protections apply?
Joint Overdraft Guidance: Extension Past 60 Days?
01/31/2021
I understand the Joint Overdraft Guidance states that overdrawn accounts should be charged off after 60 days. Is there anything that would allow for an extension past the 60 day mark? (i.e. a fraud investigation, pending transactions, approval from upper management, etc.)
Spousal Consent: Beneficiary on an IRA
01/24/2021
In the state of Oklahoma, is spousal consent required for the designation of a non-spouse beneficiary on an IRA?
Notice of Delayed Availability
01/24/2021
Is a Notice of Delayed Availability form required to be mailed to customers who deposit local checks in excess of $5,525 or is it only required if a statutory exception hold is invoked or a case-by-case hold is placed? In other words, if a local check deposit of $6,000 was done at the ATM and the funds are being held $225 (first day) $5,300 (second day) $475 (7 days) would the customer need to be mailed a form?
FCRA – Permissible Purpose
01/24/2021
Why is a permissible purpose needed to get someone’s credit report?
