Most Popular Compliance Content
Notify Regulator of Cut Off Time Change?
11/10/2008
Does a bank have to notify their regulator (FDIC) if they plan on changing their cut off time?
Implementing the Red Flags Change of Address Verification Requirement
11/03/2008
Under the new Red Flag Rule guidelines how can our institution implement the change of address verification requirement?
Became EO After Obtaining Loan - Reg O Violation?
11/03/2008
We have an employee who obtained a $250,000 loan secured by a second trust deed on his residence and used the proceeds to purchase a new home. After the loan was made the employee was promoted and is now an executive officer of the bank. Do we have a potential Reg O violation? The credit does not fit within the established exemptions and is in excess of $100,000.
Reg R Section 218.701 Compliance
11/03/2008
I need to know what we need to do to be in compliance with Reg R Section 218.701. Our employees do receive a referral fee for referring a customer to an investor.
Only Drive-Thru Open Saturday - A Banking Day?
11/03/2008
Is Saturday considered a banking day if only the drive-thru is open?