Most Popular Operations Content
Minor on JTWROS Account
11/05/2007
Can a minor be on an account as a joint tenant with rights of survivorship?
Check Card Contest
11/05/2007
I drove by a bank and saw a sign saying that if you used [name of bank withheld]’s check card you were automatically entered into a sweepstakes to win cash. The more times you use their card for purchases the better your chances of winning. I was under the impression that anyone had to be allowed to enter into a contest even non-customers. If I don’t want to get a check card from that particular bank and they don’t offer another alternative to entering the contest to win cash (example: filling out a card for a drawing) how can they do this? Are they breaking the law?
HELOC Visa Referral and Rewards Program
11/05/2007
We are looking into setting up a referral and rewards program for our HELOC Visas. We would like to both give our members a $50 gift card upon closing of a HELOC, as well as pay out $50 gift cards for referrals that end up booking. I hear different stories about limitations being either $25 or $600. Are there limitations? What would the dollar amount be?
Mortgage Advertising - Which Logo Do We Use?
11/05/2007
We are Commercial Bank what logo do we use for mortgage advertising, Equal Housing Lender or Equal Housing Opportunity?
Opening New Accounts Via Mail
11/05/2007
What are the rules governing bank accounts opened by mail? Where can I find this information online?