fi-linx

Back in May 2007, the Federal Reserve issued a legal opinion on Deposit Reclassification and how it should be administered in financial institutions.  If you feel like reading a legal opinion on a really fun topic, follow the link.  The longer I work in the CU world, the more my opinion on innovation grows stronger.  [...]

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The Federal Reserve proposed some changes to Regulation D this week that will be of interest to those reclassifying their deposits.  While the proposed rule changes do make a few tweaks, I will only focus on those relevant to Deposit Reclassification.
The Fed is actually trying to make life a little easier for FI’s by changing [...]

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