Definitive Definition of MRB
10/14/2018
Has FinCEN published a definition of “marijuana-related business”?
Mary Beth Guard is one of the four co-founders of BankersOnline and is now Editor Emeritus, after more than 16 years of serving as Executive Editor. She was instrumental in the creation and expansion of BankersOnline, as well as the launch more than a decade ago of BOL Conferences, Inc. and its continued operation and growth. Mary Beth is also the director of BankCompliance.com, the subscription-based compliance service now being offered online. Also, Mary Beth serves as CEO of Glia Group, Inc., which produces BOL Learning Connect. For nearly four decades, Mary Beth has utilized her background as an attorney to focus on banking industry issues, first as general counsel for the Oklahoma State Banking Department, then as general counsel for the Oklahoma Bankers Association, prior to her work with BankersOnline.
Mary Beth has presented training programs for virtually every major national financial industry association, as well as more than a dozen state bankers associations and a host of other organizations. She is a frequent presenter of webinars and seminars. In addition, Mary Beth has written more than a thousand banking-related articles and is BOL Guru #1.
You can contact Mary Beth via email at mbguard@bankersonline.com or by telephone at (405) 272-1642.
10/14/2018
Has FinCEN published a definition of “marijuana-related business”?
10/07/2018
Our customer has, on more than one occasion, put his checkbook where untrustworthy individuals have gained access and he’s also given out his account info to scammers. We have told him he needs to close his existing account and open a new one. He refuses. Is there anything we can do?
10/07/2018
If the trust has two grantors (husband and wife) and one of the grantors dies, is the trust still revocable until the second grantor dies?
10/07/2018
Is FIN-2014-G001, which set forth BSA expectations regarding marijuana-related businesses, still in effect?
09/30/2018
Our bank had a big promotion for “free” accounts with a minimum opening deposit of $25. Some customers never deposited any further funds and the cost of maintaining these piddly things is high. Are we stuck?
09/30/2018
Customer has a trust and a will. Customer dies. Which one controls what happens to the account?
09/16/2018
If a check is made payable to the minor or the custodian on behalf of the minor, can the custodian cash it?
09/09/2018
Can an individual rescind a UTMA account that he or she set up for a minor?
09/02/2018
Our state law permits minors to open bank accounts. Do we have to allow a twelve-year-old to open a checking account?
08/26/2018
Minors in our state can open deposit accounts. Can our bank refuse to open a checking account for a minor unless it is jointly owned with an adult family member?