Both ECOA and FCRA contain requirements for providing notice of action taken. Examiners closely scrutinize denial notices for compliance. Adverse action violations are frequently cited in exam reports.
Get ready for what’s next concerning HSAs. Fundamental improvements to HSAs are expected in 2017 as a result of President Elect Trump’s stated goal of replacing the Affordable Care Act with Health Savings Accounts in his first 100 days.
Major HMDA Changes are just a year away! There will be new Demographic Information collection forms, and you’ll be reporting different data in a different format, to a different agency, using a different method. Are you ready?
The CFPB’s new Prepaid Accounts Rule will be effective October 1, 2017. It provides significant new protections for consumers, and that means there are significant changes for banks that issue prepaid cards or hold prepaid accounts.
Does your frontline understand the legal and regulatory issues when opening an account? Your signature card and deposit account agreement include complicated check handling, ownership, rights at death and regulatory provisions.
This webinar, the first in a three-part series, teaches you about ACH fundamentals, including transaction flows, network participants, managing risk of third parties, standard entry class codes, and common ACH violations.