Is it required that we have the equal housing lender logo on all advertising? We are doing a CD promo and I don’t think we need it, but I wanted to be sure.
Please direct me to the July 2006 guidelines on returning: unauthorized remotely created checks to the 1st bank of deposit. Does the bank return the draft within 60 or 90 days?
We are Commercial Bank what logo do we use for mortgage advertising, Equal Housing Lender or Equal Housing Opportunity?
How long does the Treasury have to return a check based on endorsement? Is it longer than the three year window banks use for endorsement returns?
A client made a deposit of three checks on July 31st. The company who wrote the checks filed for bankruptcy on August 10th. Two of these checks have been returned three weeks later with stop payments placed on them. We've debited the client's account. Is this right? I thought checks should be returned within one day after presentment per Reg CC. Should those checks have been returned?
Is it necessary to include the equal housing lender clause in all advertising, especially radio and television?
Is there a seven day time limit for asserting a claim of untimely returns to a paying bank?
Can we pay interest on a demand deposit account, or only on a NOW account?
We have a NOW account that is held by a husband who attests that he is the sole proprietor of the business, but his wife has also signed the resolution as an owner. Would this disqualify them from having a NOW account? In other words, can a husband and wife joint venture hold a NOW account? Are there state laws that allow for such husband and wife partnerships to hold a NOW account?
Are spousal partnership accounts allowed to open a NOW account, like a sole-proprietorship, or are they a partnership in that they cannot have a NOW?