Bankers Compliance Group | The Banking Community's Foremost Resource For Legal Services | BCG
HOME   |   CONTACT   |   LOGIN   |   REGISTER
 
 
loan application mortgage loan credit information deposit slip bank sign
Today is: January 28, 2022  
 

 

Upcoming BCG Webinars

BCG Webinars are an optional resource offered once a month via the internet. Topics include Levies and Executions, New Accounts Documentation, Flood Insurance Regulations, and Doing Business with Family Trusts. Additional Webinars will be posted below as their respective dates approach. To view descriptions of past Webinars, click here or contact us if you have additional questions.

Upcoming BCG Webinars        

    

Lotteries, Sweepstakes and Other Deposit Promotions

T
hursday, January 27, 2022
10:00 a.m. - 12:00 p.m.

This comprehensive webinar will cover various forms of deposit promotions, including lotteries and sweepstakes, and their compliance considerations. California makes it easier for financial institutions to offer lottery promotions in connection with savings accounts.  We will discuss lotteries, both legal and illegal.  The presentation will also address pressing questions related to other kinds of promotions.  When is an account really “free” and what are the risks associated with these types of promotions?  We will take a closer look at the “lessons learned” by other institutions.  Privacy and other considerations impacting “refer a friend” promotions will be addressed.  The creative and ever-changing programs used to entice CD deposits will be explored as well.  We will also review the regulatory compliance expectations, including Regulation DD advertising disclosure requirements and IRS information reporting.

 

 
 
 
 
 
 
 

 


Social Media, Endorsements and Native Advertisements:
Weighing Opprotunites and Risks

Thursday, March 10, 2022
10:00 a.m. - 11:30 a.m.

Financial institutions are increasingly turning to social media for marketing and information distribution purposes. Although social media is an influential tool in generating new business and interacting with customers, the use of social media may impact a financial institution’s risk profile. We will cover the FFIEC Social Media: Consumer Compliance Risk Management Guidance, as well as discuss helpful tips and compliance reminders applicable to social media activities.

Endorsements are another tool often used by financial institutions, whether as part of their social media footprint, or even in other means of advertising. We will look at the legal risks associated with these tools and discuss recommended practices for their successful use. Native advertisements are often indistinguishable from news, feature articles, or product reviews. As a result, the effect of these ads may mask the signals consumers customarily have relied upon to recognize an advertisement or promotional message. We will look carefully at the prior federal regulatory guidance and discuss the pros and cons associated with this medium of advertising.

 

 
 
 
 
 
 
 

 

| Home | Contact | Sitemap | Disclaimer |
Copyright © 2022 Aldrich & Bonnefin, PLC - All Rights Reserved