Most Popular Compliance Content
Next-Day Availability for Checks (State)
01/16/2022
In regards to Next-Day Availability for checks drawn by a state or a unit of general local government, it's not clear to me exactly what type of checks these are. Is a check, lets say, drawn out of "ABC Bank" for "Far Out County Delinquent Tax Account" (a local county) with an out-of-state P.O. Box address listed on the check considered a check drawn by a unit of general local government, therefore, Next-Day Availability applies?
SAR for Business with Private ATM
01/09/2022
If a cash intensive business has a private ATM which they service themselves and they do not have any cash withdrawals from their account, would that in itself be SAR worthy?
Military lending and major problems
01/09/2022
What’s the most severe penalty for a military lending violation you’ve seen?
Reg E and Third Party Providers
01/09/2022
Our customer was careless and gave his account info out. After that, fraudulent transactions happened as a non-bank provider who doesn’t have an agreement with the bank processed transfers from the consumer’s account at our bank. Can we push the customer off to that payment provider to get their money?
Compliance actions when violations are found
01/02/2022
What action steps are needed when we find a severe or frequent violation?