What’s the latest word on overdrafts and overdraft fees?
We recently had a CD held by a Revocable Trust where the Grantor/Co-Trustee died. The other trustee came in and asked to redeem the CD early due to death. We waived the early redemption penalty due to death, but asked ourselves, is this a regulatory requirement or a courtesy, particularly in this case because a Trust doesn't "die".
What are the tradeoffs between self-service reporting systems and emailed reports?
Do we complete a resolution for a public fund?
Should OFAC checks be run on a minor?