Most Popular Operations Content
Sweepstakes
08/06/2004
We are a national bank thinking of running a debit card sweepstakes. The sweepstakes will be open to those who have a checking account and a debit card on that account. We will be using signature transactions and assigning numbers to those transactions as they come in for payment to the bank. Our concern is that we are limiting this sweepstakes to customers with checking accounts and debit cards. Is this breaking compliance? I have heard that this may be illegal and we shouldn't get involved but I don't know why.
Showing a Bank as a DBA
08/06/2004
When doing a dba within a bank as a "division of XXX bank", does that phrase have to appear immediately under the dba name or only on the same page of any advertising?
Leveraging ATM Renewal Costs -- Applied Communications
08/02/2004
Will I be able to leverage the investment of my ATM renewal project?
Paying OD in Anticipation of SSA Deposit
08/02/2004
Something in the back of my mind tells me it is against some Reg to go ahead and pay an overdraft from a person's DDA when we are expecting that OD to be reimbursed by their ACH deposit from Social Security. Could you please clarify this issue for me, with reference to the Reg or law? If I know which one, I can copy the chapter and verse and bring it up at training.
Float on Imaged Items
08/02/2004
How will float days be determined on imaged items?