Is there a time frame as to when we should collect for processing a levy? Is it best to collect the fee when the bank receives notice of the levy or should the bank collect the fee after the 21 day period?
I know you are required to charge off an overdrawn account after 60 days, but what are the requirements as to the services charges and overdraft fees?
Does a bank have the right to revoke debit card if customer abuses overdraft privilege with it?
In Advisory Letter 2004-10, the Comptroller of the Currency advises national banks on credit card marketing and account management practices that may be unfair or deceptive.
Can a noncustomer purchase a bank check or cashier's check? If so, how are SARs or CTRs filed without all their personal information known. I can see this as a loophole to try and launder money.
Can a bank charge a dormant fee on offical bank checks (ex. money orders)? And would we have to pay the customer or state the full amount of the cashier's check?
Is there a daily limit on the number of NSF fees we can charge against a customer's account? For example, if they have 10 NSF checks in one day, can we charge 10 fees?
How will the repeated reduction in interest rates by the Federal Reserve affect community banks?
As of the beginning of 1995, 11% of teller stations in community banks are run on a completely manual system. 60% have 'dumb' automation, and 29% have intelligent machines.