Most Popular Operations Content
Risks to Financial Institutions Without Proper Endorsements
11/26/2008
What are the risks to financial institutions if the merchant doesn't obtain proper endorsement or follow appropriate endorsement standards?
Deposit Incentive
11/24/2008
We are considering paying a referral fee for new deposit accounts. Instead of paying the customer or the person making the referral, we'll make a donation to a charity of their choice. Are there any compliance issues with this?
Credit Policies
11/24/2008
Our regulators have requested that our bank more clearly define and document its credit policies. What should be included?
In Branch Advertising
11/24/2008
Our grocery store branches have limited floor space. During the day they can move some signs to the walkway in front of the branch and at night, pull them back in before the gate is lowered. For ease of use and to vary the product offerings they are using whiteboards and people with really nice penmanship. What compliance problems are there with whiteboards?
Concentrations of Credit
11/24/2008
How should a bank go about setting up a monitoring program for concentrations of credit? What information are should we look for, what types of concentrations should we monitor?