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Reg O - Senior Management Employee Benefits

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Question: 
Is there anything in Reg O that prevents senior management (V.P. or higher) from receiving the same employee benefits as lower level employees such as fees waived on the purchase of official checks and money orders?
Answer: 

No, any employee benefit widely available to other employees is not considered preferential treatment. Plus, Reg O only deals with loans.

First published on BankersOnline.com 5/04/09

First published on 05/04/2009

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