Most Popular Compliance Content
Question & Answer
02/01/1998
Question: In the past, our bank has extended consumer loans without charging a fee. The bank has decided to charge a $20.00 fee for all future extensions of consumer loans.
They've Got Mail
02/01/1998
The bank regulatory agencies are getting mail - lots of it. And even more phone calls. Know Your Customer has hit the streets in a big way. Each of the agencies have logged in hundreds of letters.
Question & Answer
01/01/1998
Question: Is the bank allowed to give the customer a copy of their credit report? If we can't give the customer a copy, can we show it to them?
Safety Nets For The 'Net
01/01/1998
The Internet brings new opportunities - almost beyond imagination. But with it come risks.
Question & Answer
01/01/1998
Question: Under ECOA, we only have to give the adverse action notice to the primary applicant.