A UTMA account custodian regularly deposits her paycheck into the UTMA account and later withdraws funds from the account to purchase personal money orders. Some of the money orders have been payable to utilities and credit card issuers. What should we do about this?
Are there any alternatives to UTMA accounts when a minor is involved?
Are there any new developments affecting ACH operations?
I have a question regarding application of NAICS codes on our bank's internal GL. I understand that NAICS codes apply to businesses and not individuals unless they are a sole proprietorship. If the individual is a real estate investor purchasing 1-4 SFR for investment/lease, does the NAICS code #531110 apply? If so, does it apply if real estate investing is their secondary occupation?
What Pending Data Protection & Privacy Bills Would Affect My Bank If Enacted?