Most Popular Compliance Content
Threshold for UW and Pricing Exceptions
03/31/2019
What is a reasonable threshold for UW and Pricing Exceptions for fair lending monitoring? is a 10% threshold reasonable ?
Tracking complaints is required
03/31/2019
What might happen if we don't have a system to track complaint resolutions?
LOC to Secure Bond for Residence Purchase Purpose
03/31/2019
Is Letter of Credit to secure a Bond for the purpose of purchasing a residence HMDA reportable?
Privately Owned ATM in Business-MSB?
03/24/2019
If a business customer has a privately owned ATM in their business, are they considered an MSB?
Signature Card Compliance (FDIC)
03/24/2019
We need more information about compliance when it comes to signature cards. We use add and remove forms for account owners, signers, and beneficiaries when the owner wants to make changes after opening their account rather than printing a whole new signature card that all account owners would have to re-sign. Are these compliant with FDIC requirements when it comes to distinguishing what type of insurance coverage they would have?