Adverse Action Review Checklist for Deposit Accounts
Updated 04/28/2025
- Tool name: Adverse Action Review Checklist for Deposit Accounts
- Tool description: The Bank can use this checklist to determine compliance with the Fair Credit Reporting Act, as related to adverse action on consumer deposit accounts, as well as its own policies and procedures.
- Rule or Guidance: Fair Credit Reporting Act (FCRA)
- C/A toolkit: New Accounts – Consumer
- Keywords: Adverse Action, FCRA, Fair Credit Reporting Act, Regulation V
Members Can Download This Tool
Login to Download
Not Yet a Member?
Our members enjoy:
On-demand regulatory guidance hotline – by chat, phone and email – available from anywhere, on any device – 7 am - 6 pm, M-F, Central time
Research time saved daily & weekly across forms, checklists, and trainings — for every regulation
Hours of form-building and branding of bank documents saved; in some cases, even the budget of additional staff
A sounding board for support and reassessment when institutional goals or the regulatory environment changes
Access to attorneys and compliance specialists for risk modelling and decision-making in advance of large business decisions
The knowledge that C/A was created and owned by 30 State Bankers Association to provide bank compliance services to their membership organizations
Find out how a personalized team of attorneys and compliance professionals helps build targeted compliance strategies throughout your institution when you take our Live Membership Demo.