11/19/2017
What can I do to prepare myself for a promotion?
03/02/2015
Is a series 7 required to sign up people on oil/gas lease?
09/17/2012
What is the difference between APY and YTM?
08/06/2012
Our bank has numerous branches, a handful of insurance agencies, and also five office locations for non-deposit investment products. I am relatively new to the bank but not to compliance. In reviewing the bank's advertisements, there may periodically be an ad that talks about deposit products that are offered, "checking and savings accounts" and in addition may even mention "mortgages." In the same ad it may mention that we also offer insurance and investments. In the ad that refers to all these types of products, it will not state "Member FDIC" or "Equal Housing Lender" due to including the statement about insurance and investments. I am really having a hard time finding this acceptable even though one FDIC examiner has "OK'd" this type of combined ad in the past. Shouldn't the ad clearly segregate the bank's products and services from the non-deposit investments (with the required disclaimers) and insurance products? I have referred to Part 328 - Advertising of Membership of 12 U.S.C. 1818(a) etc., I just need to know if I am understanding the requirements correctly.
01/30/2012
Are UMTA account's only savings accounts? Why?
03/14/2011
If a customer has two traditional IRA CDs at the same institution, is he allowed to set up different beneficiaries on each IRA account?
01/24/2011
Can a guardian of a checking account appoint a designated agent?
01/04/2010
What is the difference between an IRA Custodian and an IRA Trustee?
06/08/2009
We are having a debate as to whether a person can be on a joint account as both an owner of the account and also as a Power of Attorney for the other owner. Most of us have been previously informed that a customer can be one or there other, but that they nullify each other. Currently, when putting POA's on our database, we list them as a "signer" on the account and designate the type of signer as POA...when there is a joint account with one of the signers as POA for the other, he is listing one owner on the account twice, once as owner and signer and once as POA signer.
11/03/2008
What individual risk assessments is a bank expected to perform? How do the individual risk assessments fit together with an "enterprise risk assessment"?