Latest Compliance - Employee Topics

Hackers Think Bank's Data Is Greener

10/01/1998

As marketing techniques - especially marketing "research" techniques - become more aggressive and competitive, banks should hone their techniques for guarding data.

Independent Audit

12/01/1997

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

Question & Answer

08/01/1997

Question: What is the most common violation of Regulation DD?

Truth in Lending Sample Comment Letter

12/01/1996

[Date]
William W. Wiles RE: Docket No. R-0942
Secretary
Board of Governors of the Federal Reserve System
20th Street and Constitution Avenue, N.W.

Changes to Regulation O

11/01/1996

Employee benefit plans available to insiders.

RESPA Respite

10/01/1996

We don't often get good news about what Congress has done with compliance legislation. But this year's banking act had some genuine burden relief.

RESPA: Controlled Compensation?

09/01/1996

Beginning October 7, 1996, HUD's new rules restricting compensation to employees take effect.

Vendor Guru Q&A's - Compliance

Compliance tiers for Dodd-Frank Section 1071

Batch processing vs. transaction level processing for deposits automation

Exception management and better audits

Resolving credit and loan document exceptions

Proactive loan exception management

Tracking loan policy exceptions

Reasons for loan policy exceptions

Audits and document management

Correctly stating APYs over the phone

02/11/2024

When orally quoting a deposit rates over the phone, if the APY is 3.00%, does the the employee need to state the APY as 3.00% or can they say the APY as 3%? Likewise if the APY was 3.50% do they need to say the APY is 3.50% or can they say the APY is 3.5%?

What Annual Training is Required Per Regs?

02/11/2024

What are the mandatory (required) training courses for employees to take annually?

Adding PODs on Joint Accounts

01/28/2024

When a customer has joint account and only one person on the account wants to add a beneficiary to the account, can this be done or must each accountholder agree?

Conductor Information for Aggregate CTRs

01/28/2024

We have a business customer whose deposit runners are refusing to provide their information for us to collect as conductors of cash transactions. These are typically smaller transactions, but we require a conductors information on all cash transactions over $1,000 for aggregation reporting purposes. They previously banked at a larger regional bank which did not require these runners to provide identifying information. Are we OK to make an exception for this business client unless it is a CTR reportable transaction?

Using a EIN on a personal account

01/28/2024

We have a customer that is an agent for one of the local insurance companies. She wants to open an account in her name only using the insurance company EIN, can we do that?

Latest Compliance - Employee Topics

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