Latest Compliance - Disclosures Topics

We've been talking and waiting for a long time. The wait is finally over and we have something to work with.

Question: In the past, our bank has extended consumer loans without charging a fee. The bank has decided to charge a $20.00 fee for all future extensions of consumer loans.

Key Elements

FDIC has issued examination procedures that contain detailed guides to the examination and audit process.

The agencies have provided the disclosure content requirements: "Not FDIC insured," "No bank guarantee," and "May lose value." These disclosures are designed to communicate to the customer that the

Key Elements

The agencies have provided the disclosure content requirements: "Not FDIC insured," "No bank guarantee," and "May lose value." These disclosures are designed to communicate to the customer that the

In this issue, we focus all our attention to the regulations and recommendations relating to the sale of non-deposit investment products, affectionately called "NDIP" in banks.

FDIC has issued examination procedures that contain detailed guides to the examination and audit process.

As part of its active oversight of the non-deposit investment program, the Board should require - and review the results of - an independent audit.