Most Popular Compliance Content
Credit Report Authorization Form Retention
05/18/2009
I am filling in for our bank's compliance officers while they are away at training. A co-worker posed the following question/situation and I have been unable to find the answer after some research. Our bank does credit checks/counseling for customers and non-customers. We have a form signed authorizing/permitting us to pull credit reports on the individuals. How long are we required to retain the authorization forms?
Compliance Mistake #2: Viewing Compliance as a Point-In-Time Event
05/18/2009
How can we avoid this mistake and build a structured compliance program?
Cashier's Check - Large Deposit Exception Hold
05/18/2009
Reg CC question: if we put a hold on a non-local cashier's check using the large deposit exception, is the first 5K available next day or is only $100 to be made available next day, with $4900 subject to the case-by-case hold time of five days?
BSA Exemption Review Form
05/15/2009
BSA Exemption Review Form
by Brenda S. Canterbury
Senior Compliance Manager, Specialty Businesses
RBC Bank (USA)
New Reg DD Amendment - OD Fee Disclosures
05/11/2009
The new amendment to Reg DD requires disclosures of overdraft charges. Our bank does charge overdraft fees, but we do not offer any type of overdraft protection coverage. Does this new amendment still apply to us?