Most Popular Operations Content
Advertising an IRA Passbook or CD Account
05/08/2006
In advertising an IRA passbook or CD account, are there any requirements that you state that a deposit into this type of an account may be tax deferred?
Prohibitions on Soliciting Low Cost Deposits
05/08/2006
Are there any prohibitions against soliciting low cost deposits outside of the market area of your branch network?
Are We Advertising our Overdraft Service?
05/08/2006
Our bank has a overdraft protection plan available on a case by case basis. It is available as a customer service on all checking accounts. New account brochures as well as our web site disclose the availability of this overdraft protection with approved credit. We do not include this overdraft amount as available funds nor do we mention it on customer statements.As I read the communications that are considered advertisements for the payment of overdrafts, the word "brochures" is included, therefore I believe this would trigger the new requirements of Reg. DD. Would brochures alone trigger the new disclosures?
Charging a Fee for Cashing Foreign Checks
05/08/2006
Can we charge our customers a fee for cashing foreign checks if they do not have matching funds to cover the check? If we can, and decide to add this to our policy do we have to give notice ahead of time?
Stop Payment Orders - After the 6 Months
05/01/2006
Do we have to keep stop payment orders after the 6 month period is over?
