When a receivership order is received, do we need to review the deposit activity to identify protected funds from a government agency?
Is a financial institution required to sign a consent order?
I have been instructed to lead a project around compliance ramifications if negative interest rates were to occur in the US. With regard to deposit accounts, would all TISA and other initial disclosures need to be updated to reflect this change. Since the change in terms would negatively affect our customers. This would be quite an undertaking as we have 10 member banks. Would all of our advertisements have to be re-disclosed? Any feedback is greatly appreciated.
How long does a bank have to charge back a returned check (2nd time NSF)?
Our customer has appointed her daughter as her attorney-in-fact. Can the daughter set up Internet banking on her mom's account? The daughter/AIF is not listed as a joint owner of the account, and was appointed AIF after the account was open.
Can a representative payee on an account have online banking? If the account they are put on such as basic checking offers this service, can they be denied online banking or is this discriminatory?
Can I take funds for a tax levy from a customer who has XXCIV SERV benefits?
Can you please tell me where I will find guidance on how to handle emails that bounce back that are the notification that the customer’s statement is available. It used to be in 230.10 but I can’t find anything similar in Reg DD now.
Can an automatic payment be set up for a loan from a checking account that does not have the name of the person who is on the loan on the checking account? In other words two separate people and two separate accounts. No common person between the two.
We are revising our deposit accounts and one account will be titled Free Checking. This product will have e-statements as the default at no charge. Since e-statements are the default, we will charge $3.95 for a paper statement. Is this a concern relative to Unfair, Deceptive, or Abusive Acts or Practices?