Most Popular Compliance Content
Signature on Adverse Action Notice
02/09/2004
I have reviewed Regulation B to see if and Adverse Action Notice requires a signature on the document to meet the requirements of compliance and auditors. We do put our bank information, address and phone #, but the partiy that completes them has not being signing the form.
CTR When Cashing Checks for Others
02/09/2004
With regard to the multiple person section of the CTR, is it necessary to file a CTR for an indivudal who presents with checks to cash for others, when no single check is in excess of the requirement, but the aggregation is? Does it make any difference if the person transmitting the funds on behalf of others is employed by the check factor or buyer?
Board Approval of Policies
02/09/2004
Does the board have to approve all written policies?
Combining Income of Unmarried Co-Applicants
02/09/2004
My question concerns calculating the Debt to Income ratio. It is my understanding that if we combine the income of a married couple then we are required to combine the income of co-applicants and/or co-signers regardless of the relationship. Is this correct?
Mandatory Training
02/09/2004
I recently heard at a meeting that there are 5 banking regulations that it is mandatory to have training on. Which regulations are they?