To promote sound banking practices, banks can adopt internal review policies to ensure that real estate appraisals are independent and based on appropriate criteria.
GLBA Spurs Insurance Activities at Banking Organizations
In the years since the Gramm-Leach-Bliley Act expanded the areas in which banking organizations can do business, selling insurance has been the most popular of the newly permissible activities.
Atlanta Fed Hosts Conference on International Remittances
The rapid growth of international remittancesand banks interest in gaining a larger share of that businessattracted policymakers and payment system specialists to this recent conference.