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.
Construction loans can be difficult. Does the proposal address these?
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?
Will opting-in to the Community Bank Leverage Ratio (CBLR) Framework change how my bank's assessment rate is calculated?
Has COVID-19 had any impact on the call report?