06/07/2015
With regard to Reg. D, I was always under the impression that a single member LLC could have an interest bearing checking account. Can you add anything to that?
04/13/2015
Is a bank required/obligated to process a change order for a US Post Office if that US Post Office does not have an account with that bank?
04/13/2015
Can a member of an LLC request to remove one of its members as a signer on an account? Typically we do a replacement signature card and resolution, however does a member have the authority to remove another member as a signer?
04/06/2015
Can an incorporated business for profit have an interest bearing checking account?
03/30/2015
What documents would be required to close a corporate account, with one authorized individual on the account and this person is deceased?
02/16/2015
Can you explain why businesses are not allowed to have NOW accounts?
08/25/2014
A person opens a business account. This same person, has other transaction accounts at the institution, including business accounts, over 30 days old. Is the new business account subject to the Reg CC new account holds?
08/25/2014
Currently, each of our business deposit accounts is coded with an NAICS code as well as a Risk Rating. In reviewing the risk rating matrix classification, Doctors are included in the high risk category. What are your thoughts?
06/23/2014
If a check is made payable to a business that is a sole proprietor, can we legally cash the check without depositing first into a business account? (example: Check made payable to John Doe Trucking - can John Doe cash the check?)
04/28/2014
Are commercial customers covered under Regulation E against fraudulent charges done using a debit card on a business checking account?