02/18/2013
If the bank decides to take a loss on an ACH item and gives the customer immediate credit, is the bank still required to wait 7 business days before notifying the customer of final credit?
02/04/2013
Is it considered a law violation to close the investigation prior to the extended periods of 45 and 90 days, even when you provisionally credited the client and complied with all the Reg E requirements?
02/03/2013
Preparation and determination pay off for Citizens State Bank
01/28/2013
If a customer chooses not to opt-in, can the bank deny them a debit card?
01/28/2013
Are there any state law caps on ATM fees? If so what states will it apply to?
01/21/2013
A friend received a letter from their banking institution which informed that they would no longer offer debit cards on business accounts because of changes to Dodd-Frank. I am not aware of this. What Regulation is changing?
01/21/2013
In regards to ACH credit entries, is it okay to place a client's credit into a holding account if the original account was closed but the client also has other active and open accounts?
01/21/2013
We are currently challenged to find a resource that will enable us to comply with the enhanced disclosure requirements (e.g. foreign bank/country fees, taxes) mandated by CFPB for consumer initiated foreign remittances. How are other financial institutions planning to meet this requirement?
01/14/2013
Is the "Official Interpretations" section of Reg E subpart B Remittance Transfers part of the Reg or just someones interpretation? Section 1005.33(a)-5. i., ii., and iii. Procedures for Resolving Errors. This makes no sense to me to hold the sending bank accountable for something beyond their control. I would think an error such as this would fall under "Extraordinary Circumstances." I have to present this to our President and CFO so your answer on this would be greatly appreciated.
01/07/2013
Is any part of ADA Website Compliance currently being enforced?