Most Popular Compliance Content
Unfamiliar Forms
11/17/2008
In the <a href="http://www.bankersonline.com/tools/respurchaserechecklist.pdf">residential purchase RE checklist</a> there is a CIP disclosure and Privacy Act Notice. We use Bankers Systems forms and I do not recall having seen these forms. Can you tell me what they are?
Collateral & Purpose Codes
11/17/2008
We are reviewing our collateral and purpose codes. Are the codes standardized in the industry or are we free to create our own? Do they flow to the call report?
Teller Cross Selling Training
11/17/2008
We would like to train our tellers on cross selling bank products. What are some compliance issues that the tellers need to be aware of when mentioning various products to customers?
Reg D - Excessive Withdrawals
11/17/2008
I'm currently doing a Reg D and Q audit. What are the requirements for savings accounts that have excessive withdrawals every month? Are we supposed to close the savings account and convert it to a DDA or is it enough to send the letters and let them continue to make excessive withdrawals? My compliance officer says there is nothing we can do.
Using 'Secret Questions' for Identification
11/17/2008
With consumers publishing more and more information about themselves online, is using secret questions still a safe way to identify someone?