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Friday
Aug092024

What's New? Guidance on Third Party Delivery of Deposit Products and Services

DateFriday, August 9, 2024 at 12:57PM by AuthorBanking Spectrum

On July 25, 2024, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued a joint statement to banks regarding risks associated with working with third parties to provide bank deposit products and services to customers. 

Read more here in The Gold Book under sections Federal Decisions and Opinions, Federal Joint Agency Guidance.

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