Most Popular Compliance Content
NSF Fee Change Notice
03/09/2009
We are getting ready to change our non-sufficient funds (NSF) fee. What obligation do we have to notify our customers besides them getting the NSF notice after the check has been returned or paid?
New TILA Pre-Disclosure?
03/09/2009
I have heard that a new truth in lending pre-disclosure will be required next year, but I don't see anything about it in the regulation. Will this be required and if so, where is it stated?
IRA Exemptions & Reg R Guidelines
03/02/2009
Under the new broker push-out rules Reg R guidelines, it looks like banks do not receive the exemption for IRAs on which they are named as a trustee. Our trust department IRA governing documents name our bank as trustee. It would appear then that we would not meet the requirements of the exemption. Is this the correct interpretation of the IRA and Employee Benefit Accounts exemption language or do we receive the exemption because the accounts are offered/managed in the trust department?
Appraisal Review Fee
03/02/2009
If our institution charges an appraisal review fee and the review appraiser is an employee of the bank, is that charge considered a prepaid finance charge for Reg Z?
Freezing an Unsecured LOC - Notice Required?
03/02/2009
Is a bank required to give notice to consumers when putting a freeze on an unsecured line of credit?