Most Popular Compliance Content
Rep Payee Account Restrictions
04/09/2023
I was recently told that Rep Payees for veterans specifically, were restricted from having transfer capability via an online banking profile. Is that correct, and if so, when did that go into effect and where is that rule?
UDAAP penalties are costly
04/09/2023
How much "teeth" does UDAAP really have to penalize a bank?
Are We Required to Monitor Our Moderate Risk Customers?
04/09/2023
Our automated surveillance monitoring system identified 400 customers as moderate risk. Are we required to monitor the activity?
Spreadsheets for loan policy exception tracking
04/02/2023
What are some potential drawbacks to using spreadsheets to track loan policy exceptions?
Returning Checks as "Fraud"
04/02/2023
When a fraudulent check is presented for payment after the account is closed, is it returned as 'fraud'?