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#110273 - 08/27/03 03:56 PM Giving donations for opening accounts
Anonymous
Unregistered

We plan to offer to make a donation to any county high school if a checking account is opened at a new branch. I cannot find anything that gives any restrictions to this promotion. Am I missing something?

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Operations Compliance
#110274 - 08/28/03 02:00 AM Re: Giving donations for opening accounts
HRH Dawnie Offline
Power Poster
HRH Dawnie
Joined: Aug 2002
Posts: 7,353
Anchorage Alaska
If you're not providing a donor list to the schools involved, I also don't see an issue, but hopefully the Andy's of the world will read this and reply with their deep thought compliance chatter.

I however...want to remind you that the donation could be qualified for CRA credit if it is made to a school located in or serving a majority of low and moderate income children If you want the most bang for your investment buck...think about this while choosing which schools to donate to
_________________________
Dawn Coursey VP/CRA Queen

CRA Rating is in...Oh who cares...I'm home with the baby.

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