We are an FDIC bank. If we change our Security Officer, do we need to send a formal notification to the FDIC? Our senior management seems to think we do, but I was unable to find anything that required that.
Filings on Mortgage Brokers
We are running an ad solely about our safe deposit boxes for rental. The ad bears the bank's logo. Should we include the Member FDIC logo because the ad bears the bank's name, or because the contents of the safe deposit boxes are not FDIC-insured should we not include the Member FDIC logo?
Is it still a requirement to illuminate a vault if it is visible from outside? If so, where can I find this as proof?
We are regulated by the FDIC. Are we required to OFAC screen any local organizations prior to making any charitable donations to them?
We qualify loan applicants based on gross income. Our credit officer says that tax free income from SSI or VA Disability is the gross income and shouldn't be grossed up. I say the income is net and should be. Who's right? If we don't gross tax SSI up, are we discriminating?
We were robbed and one of the things we were asked for as a part of the investigation was our FDIC certificate. I've never heard of this before and don't understand why this was requested.
We were robbed, and one of the things we were asked for as a part of the investigation was our FDIC certificate. I've never heard of this before and don't understand why this was requested.
This section of The SAR Activity Review focuses on patterns of BSA reporting, specifically as it relates to mortgage loan fraud, as well as trends in how financial institutions file their BSA repor
We are trying to find specific regulations on training requirements for security officers. Is this spelled on in the regs? Does anyone have a list of security officer training recommendations?