02/02/2026 Now that the President has issued an Executive Order to reschedule marijuana, what actually changes for banks? |
01/05/2026 We received a “Satisfactory” CRA rating in November 2023 and have $3.4 billion in total assets. Under the FDIC’s updated examination guidance, when should we expect our next CRA exam? |
11/04/2025 We have a customer who withdrew $15,000 from their account at a branch, but then another $500 from that same account via an out-of-network (foreign) ATM on the same business day. How should we file the CTR – and should we include the ATM transaction |
10/06/2025 Does the bank need to obtain a form W-9 from each of its new customers? |
09/22/2025 How long should banks keep records of consumer complaints? Our policy says two years or since the last exam, but our state law allows up to seven years. Given the risk, should we extend the retention period? |
09/16/2025 When onboarding new customers, is the bank required to check/screen whether they qualify as Politically Exposed Persons (“PEPs”)? |
09/04/2025 Would our bank be required to obtain a Certificate of Beneficial Ownership on a guarantor to a loan? |