Most Popular Compliance Content
Who Gets the Adverse Action Notice?
02/16/2025
Our denial of a business deposit account application was based on the qualifile score of the individual applying for the business. Who gets the Adverse Action Notice?
Redirecting an ACH credit for a closed account
02/09/2025
Can an ACH payment coming through on a closed account be posted to an account on which the owner of the closed account is only an authorized signer? The ACH is in the name of the authorized signer of the account the bank manually posted the account to.
Who signs on an account for an irrevocable trust?
02/09/2025
Does the grantor play any role in an irrevocable trust? We have a copy of the trust which states who the grantor is and who the trustee is. We didn't think the grantor had to be on the account, only the trustee. Please advise.
Should Compliance Change in Response to the New Administration?
02/09/2025
by Barbara Boccia:
How to Navigate Compliance in a Time of Uncertainty
02/09/2025
by Barbara Boccia:
“If you can keep your head when all about you, are losing theirs and blaming it on you…”
If, a poem by Rudyard Kipling