Latest Compliance - Traveler’s Checks Topics

Question: One of the reasons on our adverse action notice form is "Limited credit experience with this bank." Is this a valid reason to deny credit?

Question: Our bank is planning to offer a "debit" card. Is there anything we should be concerned about under ECOA?

October 1,1995 was to have been a big day in the world of criminal referrals and currency transaction reporting. Simplified forms and reporting procedures were to have taken effect that day.

Question: What is the difference between a co-applicant and a joint applicant? Are these different from a co-signer?

Examiners are finding violations of ?226.18(r), Truth in Lending's "required deposit disclosure." The required deposit disclosure is