We have a church account that has multiple debit card users. Do all of these cardholders need to be signers on the account?
We include the EHL logo on our website where we offer home loans. We also use Twitter and Facebook, but do not use it there because it is on our site. Are we OK?
What is demonstrable consent and can we do that with new account disclosures we email the new customer?
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?
Can we do an internal raffle (selling tickets for a chance to win a prize) to benefit a non-profit organization?
Will my bank be affected by the change involving U.S. Pacific Island banks?
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?
When are the inflation-adjustment changes to Regulation CC effective?