This comprehensive Webinar will cover various forms of deposit promotions, including lottery prohibitions, “free” account marketing campaigns, “refer-a-friend” promotions, and other giveaways. Our discussion will include a review of regulatory compliance expectations impacting deposit advertisements, including Regulation DD advertising disclosure requirements and IRS information reporting.

 

We will also discuss the FDIC’s recent modernization of its official sign requirements, with a focus on the impact to advertisements, websites, and false advertising concerns.

 

This Webinar presentation will include a closer look at relevant regulatory consent orders and the hard “lessons learned” of other institutions.

This Webinar will provide a comprehensive discussion of the rules under Regulations O and W and other laws governing loans to executive officers, directors, and principal shareholders of financial institutions and their related interests, as well as affiliate transactions. The program will cover the following topics:

 

• The parties covered by the rules

• Covered extensions of credit

• General requirements and prohibition, including:

• Terms and creditworthiness

• Prior approval

• Special lending limits

• Loans to insiders of affiliates

• Overdrafts of insiders

• Loans to credit union officials

• Additional restrictions on loans to executive officers

• Transactions with affiliates

 

We will also discuss related issues regarding the indebtedness of executive officers and directors of regulated companies, such as bank holding companies. Additionally, we will address restrictions on loans to federal and state credit union officials and senior management. Don’t miss this important discussion of a hot topic in regulatory exams!

As borrowers have increasingly complex business structures and relationships with related parties, it is a good time to review the laws and regulations relating to legal lending limits. This is the regulators’ way of discouraging concentrations of loans that have interrelated risks. In this program, we will review the lending limit rules that apply to California state-chartered banks, national banks, credit unions, and savings associations. Certain loans between related parties must be combined and aggregated for lending limit purposes!

 

The concept of limiting the aggregate amount a regulated depository institution may lend to one borrower or a group of borrowers has been embraced by lawmakers and regulators as a means of managing an institution’s loan concentrations of risk to one borrower or a group of related borrowers. As a general matter, regulators aggressively enforce the lending limit rules. Violations of these rules can subject a regulated institution, as well as its directors and senior officers, to severe penalties and other sanctions.