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2021 TIMING RULES - CRCM > 2021 TIMING RULES - CRCM > Flashcards

2021 TIMING RULES - CRCM Flashcards

1
Q

Reg DD - how long must advertising records be kept?

A

2 Years

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2
Q

Once a OFAC match occurs, how many days does the bank have to notify the Treasury?

A

10 Days

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3
Q

Reg DD - If a change is adversely affecting the APY or terms, how many days before must the customer be notified in writing?

A

30 Days

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4
Q

CRA - if copies of the report are requested, how long does the bank have to provide?

A

5 Days

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5
Q

Reg E record retention is how long?

A

2 Years

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6
Q

When must the following year Call Report need to be available to the public?

A

March 31st

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7
Q

Reg B - How long does the bank have to notify the customer of their right to receive a free copy of the appraisal?

A

3 Days

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8
Q

How many days before forced placed insurance is enacted?

A

Placed if a 45 day lapse and a warning letter must be sent

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9
Q

Reg B - The appraisal must be delivered or mailed how many days prior to closing?

A

3 Days

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10
Q

CRA - How many days from when a notice is published can the public solicit written comments?

A

30 Days

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11
Q

If a Branch is closing, how many days before must the bank notify the agency with their intent and hold a hearing.

A

Within 60 Days

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12
Q

When a customer applies for a HELOC, how long does the bank have to provide the disclosures if they weren’t given in person?

A

3 Days

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13
Q

of days before a Branch closes must the notice be posted.

A

30 Days

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14
Q

Reg E - How many days prior must the customer be notified of a change in the terms?

A

21 Calendar Days

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15
Q

BSA - How many days after a exemptible transaction must the FinCEN 10 form be filed?

A

30 Days

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16
Q

PEL - How many days does the customer have to rescind prior to funding?

A

3 Days

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17
Q

Reg Z - How long must records be kept?

A

2 Years

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18
Q

When must the OFAC Blocked Property Report be submitted?

A

By September 30th with data from June 30th

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19
Q

The Notice of Special Flood Hazards must be acknowledged in writing and provided to the customer how many days before closing?

A

10 Days

20
Q

How often does a SAR need to be re-filed?

A

Every 90 days

21
Q

If a Branch is closing, how many days before must customers be notified?

A

90 Days

22
Q

The Closing Disclosure needs to be received by the customer how many days before loan consummation?

A

3 Days

23
Q

How often must a Money Services Business re-register?

A

Every 2 years

24
Q

How long must the Do Not Call List be honored?

A

5 years

25
Q

How long is BSA record retention?

A

5 years

26
Q

If a Brach is closing, how may days before must regulators be notified?

A

90 Days

27
Q

Within what timeframe must a CTR be filed once the transaction occurred?

A

15 Days

28
Q

BSA - How long must you be a customer before an exemption can be taken.

A

2 Months

29
Q

How often must the DNC list be checked?

A

every 3 days

30
Q

Reg DD - How many days before the date of a change to a deposit account must a Change in Terms Notice be sent?

A

30 Days

31
Q

Reg CC - How long is an account considered new after OPENING?

A

30 Days

32
Q

The Loan Estimate must be delivered at least how many days before consummation of the loan?

A

7 Days

33
Q

When an ARM is requested, how long does the bank have to get the CHARM in the mail?

A

3 Days

34
Q

CRA - When does it need to filed and when does it need to be made available to the public.

A

March 1st and March 31st

35
Q

BSA - If banks are in agreement to share information, how long is the notice filed with FinCEN good for?

A

1 Year

36
Q

Reg Z - How many days before a Change in Term Notice needs to be sent?

A

30 Days - and then 45 days

37
Q

IF a HITECH breach occurs, how many days before a notification is sent?

A

60 Days

38
Q

EFT - How many days before a scheduled transfer must the stop payment be inacted?

A

3 Days

39
Q

Reg CC - How many days must a notice be provided if the change is a detriment to the customer?

A

30 Days

40
Q

BSA - # of days to file an exemption.

A

30 Days

41
Q

If a Reg CC exception is taking, how many additional days can be taken before they are available?

A

5 Days for a total of 7

42
Q

Reg Z - For open-end credit - how many days before a change in terms notice need to be sent?

A

45 Days

43
Q

of days from when an application is taken until an Adverse Action letter must be sent.

A

30 Days

44
Q

Reg CC - How many days before a change in the funds availability policy, must a written notice be provided?

A

30 Days

45
Q

When a customer submits an application, how long does the bank have to deliver the Loan Estimate by mail.

A

3 Days

46
Q

If the Loan Estimate is revised, how long does the bank have to provide a new one after the event that caused the change?

A

3 Business Days

47
Q

When a search warrant is served, how long does the agency have before the customer is notified by mail?

A

90 days - but the court can delay it up to 180 days

2021 TIMING RULES - CRCM (1 decks)

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