Does our bank have to have a written policy or procedures for handling garnishments?
Management would like to cautiously bank “just one really good” customer who is getting into cannabis sales. Can we ease into it like this, and if so, what should we focus on?
Will our FDIC examiners be reviewing how we handle garnishments and subpoenas?
I’m so confused! I keep hearing about the “SAFER Banking Act”. How is that different from the “SAFE Act” from several years ago? Is it being updated?
If we use a vendor program to screen loan applications and they are insured against defects, we can use them, correct?
What is one example of AI going wrong in marketing?
We have branch offices in three states. Do we need separate garnishment procedures for each state?
I’m trying to understand the marijuana “Cole Memo” because my bank is thinking about banking cannabis customers. Is there more than one Cole Memo, and is it even still effective? It seems like a mess!
Will examiners be reviewing AI in exams?
My State has not yet legalized marijuana. Do I still need to know anything about cannabis banking?