Most Popular Compliance Content
Reg O Reporting - Standby Letter of Credit
11/24/2008
Does a standby letter of credit need to adhere to Reg O reporting?
GLBA and Customer Information
11/24/2008
Banks are consistently asked for loan account numbers and pay-off amounts by automobile dealers, insurance companies and other banks that wish to pay off trade-ins, submit insurance payments or to get accurate pay-offs when consumers are refinancing debt. How does the GLBA come into play when a bank receives these requests?
Lending Office Issuing Cashier's Checks
11/24/2008
Is there any regulation preventing a bank from having a lending office only issue cashier's checks without becoming a limited servicing branch?
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.