Is anyone aware of any compliance/regulation issues that would prevent our bank form instituting a customer referral program? Basically, we are thinking about paying customers $10 for every customer that they refer to us.
What/where does one report insider banking fraud that includes the vice president, producing fraudulent checks with wrong routing numbers, and handing out wrong direct deposit forms?
What laws impact the ability to carry a weapon in a bank?
An examiner (FDIC) found that we should have a formal referral system for reporting what is suspected to be suspicious activity to me, the BSA Officer. She suggested that I create a form available to all employees to be completed by any employee who sees what he or she considers suspicious activity. Does such a form exist and if so, where can I find it? If not, what information would you think I need to include in the form?
By IRS SB/SE Stakeholder Liaison-BSA/Special Programs
U.S. Bank has joined forces with the U.S. Hispanic Chamber of Commerce and the Arizona Hispanic Chamber of Commerce in a program aimed at bringing funding to the Hispanic community. U.S.
What are some suggested policies that should be included in an Employee Handbook?
No matter how you count or measure compliance risk, Truth in Lending has led the list for decades. The number of errors that translate into violations is always high.
Here's a different way to expand the business: offer cash bonuses for customer referrals.
Banks considering getting into the business of insurance should note new consumer disclosure rules on insurance sales recently published by the federal banking regulatory agencies.