Vendor Guru Q&A - Compliance

Latest Compliance - Compliance/Compliance Management Topics

Question & Answer

04/01/1996

Question: Our bank has a customer who maintains several large accounts with us. He has asked for a rate on a CD that is .126% higher than our posted rate.

Flood Insurance: Mysteries of the 30 Day Rule

04/01/1996

When Congress enacted the National Flood Insurance Reform Act of 1994, it meant business. One of Congress' goals was to ensure that property needing flood insurance was in fact insured.

Fire up your Modems and Hit the "Net" for Compliance Freebies!

04/01/1996

By Richard Insley

Riskiest Compliance Regs? As Rated By The Regulators

04/01/1996

At the recent National Graduate School for Compliance Management, a panel of regulators identified the regulations that they see as the greatest compliance risk or exposure in the coming year.

The New OCC Exam A Report From The Trenches

03/01/1996

By Kathy Curtis

CRA: Compliance Creeps Further Into Commercial Lending

03/01/1996

Under the new regulation, CRA officially recognizes that commercial lending can be a method of helping to meet the credit needs of low and moderate income communities.

Question & Answer

02/01/1996

Question: Our HMDA LAR shows a drop in activity from last year. Will this be a concern in our next examination?

Question & Answer

02/01/1996

Question: Our HMDA reports show that we have improved our ratio of lending to minorities but the percentage of minorities that are borrowers is smaller than the percentage of minorities in o

Question & Answer

02/01/1996

Question: Our lending staff has been approached by a mortgage broker who would like to refer loan clients to the bank. He would charge the bank a fee for the referral.

More On The HMDA Commentary

02/01/1996

A Commentary is a document which interprets and explains the regulation and law. But commentaries are not always clear and self-explanatory.

Legality of CBD under New Farm Bill

06/02/2019

I was told the 2018 Farm Bill legalized CBD. Is that true?

Fraud alert and error claim on debit card

06/02/2019

We have a consumer customer that received a fraud alert on his debit card for "Google Roblox" and he confirmed not his. It was hot carded and a new card was given to him. A week later another fraud alert was placed for "Google Supercell". He said ok to that transaction so card was released from warm status. A month later another fraud alert was placed for "Google Roblox" and he said fraud. After, a month he is claiming fraud on over 75 transaction on both Google Roblox and Supercell. Does he have charge back rights for both or just Roblox?

NSF Check for Collection-10 Day Rule

06/02/2019

We received a letter from another bank with a check for collection. It was returned to them as NSF and they would like us to collect on it. We are wondering if it is 10 business or calendar days that we as the bank needs to look?

Placing ATM in Mall Location (No Branch in State)

05/26/2019

We have an opportunity to place one of our ATMs at a Mall location in Nebraska. Currently we do not have any branch locations in Nebraska. I was trying to find any information on whether or not that is acceptable. I don’t know if by regulatory prohibitions we are unable to place an ATM in Nebraska without a branch in Nebraska? I don’t know if limited service branch makes any differences either but I thought I would ask if it is a possibility. If you have any guidance on where I could find information about this topic I would appreciate it.

ATM Deposit Claim-Investigation Beyond 10 Days

05/26/2019

If a client makes a claim that the ATM did not deposit either cash or a check in the correct amount, however does not recall the amount of the cash or check, what should our bank do if the investigation goes beyond 10 business days when provisional credit would be owed?

Latest Compliance - Compliance/Compliance Management Topics

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