Latest Compliance - Dormant Accounts Topics

Well-using the acronyms for which this industry is famous, here is part of a quote from an article on the subject of Flood Insurance:

Question: Our bank recently placed an exception hold on a large deposit made by a fairly new customer.

What happens to compliance specialists? Is it just more compliance out there or is there something else? One former luminary of the compliance world has entered the ranks of the best sellers.

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

Jesse Jackson Jr. has been elected to Congress and is a member of the House Banking Committee. He plans to take actions that will reverse the effects of discrimination and redlining. The new Rep.