Latest Compliance - NOW Accounts Topics

Question:We recently decided to change our hold policies. Do we have to send our customers a complete new disclosures or can we send information about the changes?

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.

Question: Our HMDA reports show that we have improved our ratio of lending to minorities but the percentage of minorities that are borrowers is smaller than the percentage of minorities in o

FDIC has a new Director of Compliance. Paul Sachtleben has moved on to other managerial responsibilities at FDIC and Carmen Sullivan is FDIC's new Director of Compliance. Ms.