If the OFAC list now contains a name that matches our customer’s name, should we immediately close the account?
If we modify a loan that we are servicing and it is already in a Special Flood Hazard Area, do we have to provide another flood notification?
Board reporting is always an issue. What guidance will you offer?
Why can’t the compliance Ooficer manage compliance alone and is this unique to a big or small bank environment?
What does the Compliance Officer have to do in his or her role?
Would an escrow waiver fee be disclosed in the Loan Origination Section and in the Escrow Waiver Fee section?
If the board is ultimately responsible for compliance, what is the compliance officer’s role?
The customer, who was born and raised just down the street from our bank, refuses to provide his Social Security number. What should we do?
We are taking a non-residential property as collateral for a commercial loan. Do we need to give a flood notification if the property is in a Special Flood Hazard Area?
Can we do an internal raffle (selling tickets for a chance to win a prize) to benefit a non-profit organization?