06/01/2002
People are responding to an online job search company that promises approximately $2,500 in "signing bonuses" if they are hired after they file their application online.
06/01/2002
by Mary Beth Guard, Esq. Hindsight, they say, is 20/20. Looking back at a situation, it is often possible to see with great clarity what could have been, what should have been.
06/01/2002
Examiners find violations of the flood hazard insurance requirements - lots of them. That's bad enough. But on top of the findings are the consequences.
06/01/2002
Personnel security checks may be an important part of your privacy program. After all, the fulfillment of the privacy program is no better than the people who work at it.
05/06/2002
Our practice is to charge a small fee to cash checks from non-customers. Is it permissible to do so for "Government checks", for example, Social Security checks? Specifically, is a check from welfare considered a "government check" and can a fee be charged for cashing it?
05/06/2002
I know I have to let the Board of Directors know when a SAR is filed. I was told all I can tell them is that one is being filed. Is this correct... how does it get in the minutes and what does it have to state?
05/01/2002
Question: If a checking account becomes overdrawn due to the account owner withdrawing the funds in the account before all the checks on the account have cleared, is the Power of
05/01/2002
ChexSystems account verification service now also checks the OFAC (Office of Foreign Assets Control) list when they screen inquiries from client financial institutions.
04/01/2002
The three states with the highest rates of reported identity theft in 2001 were the District of Columbia, California, and Nevada.
03/04/2002
Are we required to record the "Purchased on Behalf of" information on a MISL under BSA? <a href="http://www.bankersonline.com/regs/103/103-29.html">103.29</a> doesn't mention it, but <a href="http://www.bankersonline.com/regs/103/103-28.html">103.28</a> requires it if a CTR is required. Are we allowed to leave it off of a CTR if we filed the CTR due to multiple MISLs totaling more than $10M?