Most Popular Operations Content
The digital divide, redlining and fair lending programs.
12/08/2024
How can digital email cause my institution redlining issues?
HMDA/Section 1071 Question
12/08/2024
I have a question about a SBDC exclusion. I know that the exclusions reference that HMDA reportable transactions are excluded. We are a non HMDA bank so what we initially thought based on the prior SBDC trainings I have been to and the research that we have done is that we would exclude transactions that would be HMDA reportable if we were a HMDA reportable bank. However, I recently went to a Forvis compliance conference and what I heard there caused some confusion for me in regards to that. We are a non HMDA bank due to us not having a branch in an MSA and not because of our loan volume. So their interpretation was that HMDA transactions would not be excluded for us since we don’t have a bank in an MSA and since our loan volume wouldn’t exclude us from HMDA if we were in an MSA. I can see following the citations how they derived to that answer but this is the first time I had heard it interpreted that way. Can you give any guidance or clarification on this?”
Working through a document backlog
12/08/2024
What steps are involved with working through a document backlog?
Must I file a SAR on our cannabis customer?
12/01/2024
Must we file a SAR on a cannabis customer even if nothing suspicious is going on?
Responsibility for payment of counterfeit check
12/01/2024
If we have a business customer that notified us that a check cashed against their account was "altered" and that check was determined to be a counterfeit, but the signature on the check reasonably matches the signature of the authorized signer (almost exactly), would we still be liable to credit our customer for the counterfeited check?