If a minor has funds in a custodianship under the UTMA but also has an individual account in his own name, and he has reached the age for release of the UTMA funds, can we use the funds in the UTMA to offset an overdraft in the individually-owned account?
Is CAN-SPAM limited to emails to consumers?
If the customer attempts mortgage fraud should we tell BSA?
What’s the most severe penalty for a military lending violation you’ve seen?
If a credit union board holds a board only meeting after the normal Board meeting, must the Board Chair prepare special minutes or can they provide notes to add to the regular Board meeting minutes?
Some taverns/bars are involved in "Sporting Pools" aka: Football Pools, Office Pools, Super Bowl Pools, etc.
Does FinCEN encourage SARs to be reported for a business involved in such activity? Gambling is not legal in my area.
Is it a requirement to gather Beneficial Ownership information on loan guarantors?
What action steps are needed when we find a severe or frequent violation?
Can we report a past due loan to the credit bureau when SCRA protections apply?
I understand the Joint Overdraft Guidance states that overdrawn accounts should be charged off after 60 days. Is there anything that would allow for an extension past the 60 day mark? (i.e. a fraud investigation, pending transactions, approval from upper management, etc.)