Most Popular Operations Content
New company wants to comply with SOX
12/06/2004
We are a new publicly traded company (a Texas bank holding company). What do we need to be in compliance with Sarbanes Oxley?
Overdrafts Moved to Clerical Position
12/06/2004
Our Senior Management has decided to move the overdraft function from a lender with credit authority to the Operations department as a clerical function. Does this make sense?
Bonus Gift Card
12/06/2004
We considering offering a bonus gift card worth $100 to "switch banking relationship." Even though it may not be tied to a trigger APY for example, we need to disclose simply what it is and what they have to do to get it, right?
Mailing Annual Privacy Notices
12/06/2004
Our financial institution mails annual Privacy Notices to its customers. Must we send each customer a privacy notice or can we simply mail one per customer household?
Holds on non-transaction accounts
12/06/2004
Even though savings, time deposits and money markets are not regulated by Regulation CC, can you apply the same holds to the accounts as you would transactions accounts?