Living trusts have become a popular estate planning vehicle, but they can cause headaches in the operations area when customers don’t understand what they can and cannot do with their trusts.
Rude, obnoxious customers -- who needs them?! Customers who are so high maintenance that maintaining their accounts is a bad business decision -- why do you want them?
It’s FinCEN’s latest attempt to make SAR data more useful for law enforcement and analysis, and it’s been in the works for well over a year.
Your customer is anxious to undo a transaction he’s initiated by ordering you not to make payment.
It has always been said that no job is finished until the paperwork is done, and that is certainly true for your credit union and its IRS reporting responsibilities.
What you don’t know about applications and applicants, your lenders probably don’t know either, or the rest of your loan staff.
It sounds so simple: Policy, Procedure, Practice and Performance are the backbones of your credit union’s operations.
The Economic Growth, Regulatory Relief, and Consumer Protection Act (Pub. L. 115-174) became law on May 24, including adjustments to the Home Mortgage Disclosure Act (HMDA).
The Bank Protection Act and the implementing regulations specify the requirements for the Security Officer. We have designed this program specifically for the individual who has little or no previous training in financial institution security.
Call it S.2155, the Crapo Act, the Economic Growth, Regulatory Relief and Consumer Protection Act, EGRRCPA, or Public Law No: 115-174— deregulation by any other name is just as sweet (and sour).
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