The New Accounts Desk of the Future

Opening up a new checking or savings account at a bank or credit union has been and remains a common and fairly simple process. Typically, the consumer fills out an application and provides identification such as a driver’s license. Then …

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Date Posted: April 19, 2016 Author: Adam Elliott Category:   Featured, IDI Blog,

The CFPB Rulings on Checking Account Access: Burden or Opportunity?

Banks and credit unions have no obligation to go out of business by taking on unnecessary risk with their deposit account opening policies. Rulings by the Consumer Financial Protection Bureau (CFPB) will definitely change the way most financial institutions use …

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Date Posted: February 5, 2016 Author: Jack Sundstrom Category:   Featured, IDI Blog,