Prior to GLB our bank routinely provided deposit and loan account information to our local CPA firm for our customers (business and consumer). The 'Standard Form to Confirm Account Balance Information with Financial Institutions' is an approved 1990 form by the American Bankers Assoc., American Inst. of CPA's & Bank Administration Inst. The form states that we should confirm the information provided and if during our confirmation process we find other accounts to list those as well. However, there is NEVER any account information provided in order for us to 'confirm'. The only things provided is the typed customer name, an 'as of' date, the banks name, and a customer signature. The CPA firm wants us to supply them with all the account information we have a that customer. Our bank does not disclose any non-public personal information (Illinois Law). We had informed the CPA that we will be requiring account information (at least acct. numbers) to be completed as of 7-1-01 prior to the release of information. We are getting alot of complaints from the CPA's. Apparently other banks in Illinois are supplying them with the information without acct. numbers. I would rather be safe than sorry when it comes to the 'wonderful' Privacy issue. But, I also do not want to lose customers over the issue!!! Any interpretations of this gray area?

------------------

I think the only grey is my hair. You said that the customer signed the form. In my mind, that is specific permission to provide the information.

------------------
Al Miller, CRCM
Fremont Bank (CA)
(510) 790-5825
(510) 505-5211 FAX

Opinions expressed are my own and not necessarily shared by my employer.

How do you activate and place the smiles?

------------------
Bill Dean
Opinions stated are not necessarily that of my employer.

wpdcad: When you reply to a message, you will see "Smiles Legend" on the left side of the reply box. You will also see a box at the bottom of the reply box that states "Disable Smiles in This Post." Make sure that this option is not turned on and learn how to make faces in the legend. I hope this works for you

[This message has been edited by David Dickinson (edited 09-04-2001).]

This is a test to see if I can use the smiles. I am now going to click on the Smiles Legend to the left -

Thanks

------------------
Bill Dean
Opinions stated are not necessarily that of my employer.

Oh yeah! This is fun!

"This is fun"...

And people say I need a life.

------------------
Andy Zavoina
Opinions stated are not necessarily that of my employer.

Andy, they say that with good reason. All someone has to do is look at the times of your posts to decide you must be an android with no sleep required. And, on top of that, you have the power of smiley bouncing. It's scary!

Andy,

I love starting my day with a smile, and your bouncing smiley did that. I think it is terrific.

[This message has been edited by pcarr (edited 09-06-2001).]

Not only is Andy an adroid that requires no sleep, but he can always find things that I can't! Truely amazing. Andy, thanks for the smiles and sharing your expertise in many areas with the Compliance world.

Thanks for the reply I should try not to read so much in to the regs But, I am still new to the job and want to get it right the first time I'm also honored that my first question got so many smilies! Until next time!

------------------