Most Popular Compliance Content
Loan Origination Systems
07/24/2022
What is the primary function of a loan origination system?
Holding Less Reg CC Funds
07/24/2022
Regarding Reg CC and Next Day Availability, does the bank have the authority or flexibility to release an amount larger than the $225 required by the regulation? For example, if a $10,000 check is deposited in a consumer's account, can the bank release an amount such as $2,500? This would include $2,275 in addition to the $225 required by the regulation.
You can’t change Reg E because you want to
07/17/2022
How can we shorten the time limits in regard to a customer reporting a problem in for Reg E? Our card agreement requires provisional credit in five business days, so we want the customer to be forced to notify us sooner.
Getting bank counsel involved in policy writing
07/17/2022
Why should we ask bank counsel to review our policies and procedures on handling garnishments? Doesn’t that just add costs to the effort?
Effective date for the FDIC’s new rule
07/17/2022
When are the FDIC’s amendments effective?