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Deposit Account Fee Change: Advance Notice

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Question: 
We have an upcoming deposit account fee change requiring advance notice to affected account holders. If we know we have a bad address (statements have been returned), are we required to mail the notice to the last known address?
Answer: 

Regardless of anything in the regulation, what value would that serve if it is already known that all mail is return that is sent to that address?

First published on 09/23/2018

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