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Deposit Advance Products Pose No Safety and Soundness Concerns

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<u>Deposit Advance Products Pose No Safety and Soundness Concerns</u>

As mentioned, the OCC and FDIC have actually prefaced their proposed tips of deposit advance services and products on soundness and safety issues. Nonetheless, there clearly was small proof to support the premise why these services and products pose any security and soundness dangers to your banking institutions that provide them. Continue reading