Laws & Regulations

eBank Secrecy Act

Creates an investigative paper trail for large currency transactions to deter laundering and use of secret foreign bank accounts.

eCommunity Reinvestment Act

Requires evaluation of institutions' efforts to meet the credit needs of the communities in which they operate.

eElectronic Funds Transfer Act

Protects consumer in the event of ATM mistakes or unauthorized withdrawals.

eEqual Credit Opportunity Act

Requires equal consideration of all credit applications, regardless of sex, marital status, race, national origin or religion.

eExpedited Funds Availability Act

Reduces the time a financial institution may hold a check before making the funds available to depositors.

eFinancial Services Modernization Act (Gramm Leach Bliley Act)

Requires that financial institutions give customers the opportunity to "opt out" of marketing from non-affiliated third parties, and mandates protection of customer data.

eHome Mortgage Disclosure Act

Requires reporting of home loan records to determine whether institutions are serving the housing needs of their communities.