07/21/2008
In our TIS disclosure we disclose our overdraft fee only, but not in the order that we pay overdraft transactions. We are considering changing to largest items paid first in hopes of increasing fee income. What, if any, disclosures do we need?
05/19/2008
In March of 2007, the Federal Regulators issued a notice seeking comment on a "Model Privacy Notice": <a href="http://www.federalreserve.gov/newsevents/press/bcreg/20070321a.htm">http://www.federalreserve.gov/newsevents/press/bcreg/20070321a.htm</a>. I have not seen any information as to a final rule regarding this issue. Does anyone have any information on the current status of the notice?
02/11/2008
I just ordered Equal Housing Lender posters in October 2007 and another person in the bank ordered them since then. I got mine from the Comptroller of the Currency and the others came from the FDIC. They are exactly the same except for the address for processing under the Federal Fair Housing Act. The posters I received have an address for the Comptroller of the Currency and the other posters ordered have an address for the FDIC. Which is correct or does it matter?
04/01/2007
Risk has been a key term and management concept for the last decade, but we are still trying to understand what risk management means and to develop or refine techniques for risk management and ass
02/19/2007
I need some advice regarding Reg D. Our bank would like to offer our business customers a checking account that could sweep excess funds into another account nightly in order to earn interest. Our competition is offering an "Automated Funds Manager Account" where they sweep funds into an investment fund, such as repurchase agreements. How can we offer our business customers a checking account that would offer a "sweep" feature and avoid the six transfer limitation? Do we have to sweep funds into outside investment accounts or can we sweep into one of our internal products?
02/19/2007
Do you have the HMDA Definitions of Ethnicity? (How to define if a person is White, Asian, etc.)
01/15/2007
Where I can find a good summary of all the regulations which retail banks are required to comply with and the cost related to compliance?
01/02/2007
What are the Reg D requirements for notices of excessive transactions? Do we have to produce a notice at the time of the excessive transaction or is it enough to provide a monthly notice at the time a statement cuts?
01/01/2007
10/09/2006
I'm looking for someone who remembers when MMDAs and NOW Accounts were legalized for banks. Seems like MMDAs were first, the fall of some year, then NOW Accounts were authorized at 5.5% for commercial banks on January 5th of the next year. Was that 1980-1981? I'm trying to educate some younger bankers on Reg D and the history of reserves, NOW Accounts, etc.