Subject Index E

Subject Index

Principal Subject Index Headings

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | R | S | T | U | V | W

Early withdrawal of time deposits

Advertising—See Truth in savings, at Time accounts.

Agreement to pay before maturity, 2-343.16

Bank assets and liabilities, transfer, 2-343.11

Call provisions, 2-343.2

Death of depositor or owner

Renewal or reinvestment after death of original depositor, 2-343.15

State law, determination of ownership by, 2-343.13

Totten trust, 2-343.12

Deposit instrument, replacement issued; not to constitute early withdrawal, 2-301.3

Disclosure—See Truth in savings, at Time accounts.

Extensions in maturity, 2-280.2

IRAs—See IRAs.

Keogh accounts—See Keogh accounts.

Loans secured by time deposits, evasion of reserve requirements, 2-343.19

Maturity

Agreement to pay before, 2-343.16

Extensions, 2-280.2

Name change not to constitute early withdrawal, 2-301.3

NOW accounts—See NOW accounts.

One percent spread, 2-343.19

Penalty

Disclosures—See Truth in savings, at Time accounts.

Greater-than-required, 2-343

Waiver, authority and conditions for, 8-106.4

Put provisions, 2-343.21

Reserve requirements, evasion of

Loans secured by time deposits, one percent spread, 2-343.19

Secondary-market purchases by depository institutions and affiliates, 2-280.1

Transaction account, time deposit linked to, 2-287

Secondary-market purchases by depository institutions and affiliates, evasion of reserve requirements, 2-280.1

Transaction account, time deposit linked to; evasion of reserve requirements, 2-287

Zero-interest-rate deposits, 2-343.17

Economically disadvantaged persons

Basic financial services

Depository institutions' offering of, policy statement, 3-1503

Reports of condition, separate reporting of lifeline accounts on, 1-343

Community development projects, state member banks' investment in, 1-075.1

Credit programs for, 6-039; 6-094; 6-149; 6-5039

International programs to assist—See International Monetary Fund.

Edge corporations, 1-227 et seq.

Acceptances, lending limits, 3-550

Acquisitions of and by—See Investments by, and Investments in, this heading.

Activities, permissible, 3-522 et seq.; 3-732

Agency, authority to extend time for establishing, 8-121.3

Articles of association, 1-228

Amendments, 3-514; 8-121.91

Execution, 1-229

Filing, 1-230

Authorization, 1-227; 2-241 et seq.; 3-512

Delegated authority, 8-121.91

Bank Holding Company Act

Acquiring company, applicable to, 1-239

Bank, exemption from definition of, 4-060

Banking services for employees, 3-524

Bank Protection Act, applicability, 3-451

Bank Secrecy Act

Procedures for monitoring compliance, 3-521

Reports, 3-521; 3-772

Borrowings in the United States, 3-523

Branches

Foreign—See Foreign branches, this heading.

Time period for establishment, authority to extend, 8-121.3

Two in single state, international banking facility business, 2-309.69

United States, liabilities of not deposits; reserve requirements, 2-133

Capitalization, 3-553

Capital requirements, 3-676

Capital stock, 1-238

Ownership of—See Investments in, this heading.

Charter

Forfeiture for violation of law, 1-242

Clearing organization, multilateral; operating or operating as, 9-1513.1

Collections by, 3-524

Combination export manager, investment in, 3-711

Commodities trading, not authorized for, 1-237

Control, change in; prior notice and review by Board, 3-516

Corporate existence, extension of, 1-248

Authority, 8-121

Corporations

Other, stock ownership in, 1-234

Special-purpose leasing, investment in, 3-712

Credit activities in United States, 3-523

Crimes

Bank Secrecy Act violations, reporting, 3-521; 3-772

Directors, officers, or employees; committed by, 1-250; 1-251

Customer identification program, Bank Secrecy Act compliance, 3-521

Customer information, standards for protecting privacy of, 3-521

Daylight overdrafts, 9-1019; 9-1020

Debt previously contracted, purchase of stock to prevent loss on, 1-235; 3-761

Divestiture of stock, deadline extension authority, 8-121

Definition, 3-500

Deposit-taking activities, 3-522

Directors

Criminal offenses by, 1-250; 1-251

Federal Reserve Board members, not to be, 1-240

Representation that United States is liable for obligations to be criminal offense, 1-251

Dividends, 1-246

Domestic banking organizations' investments in, 3-715

Domestic branches, as to international banking operations, 3-517

Domestic subsidiaries, reserves against credit with foreign branches, 3-699

Employees

Banking services for, 3-524

Criminal offenses by, 1-250

Representation that United States is liable for obligations to be criminal offense, 1-251

Establishment—See Authorization, this heading.

Eurocurrency liabilities, reservable net borrowings for transactions abroad, 2-148

Examinations, 1-245; 1-569; 3-555

Bribery of examiner, 1-451; 1-452

Disclosure of information by examiner, 1-465

Rating system, 3-1576.1

Theft by examiner, 1-456

Exports, combination manager; investment in, 3-711

Export trading company, investment in; approval authority, 8-106.3

Federal agencies, 2-242

Federal corporation, conversion of state corporation into, 1-249

Federal Register notice, 3-513

Federal Reserve Banks receiving property from foreign states or central banks, jurisdiction, 1-254

Federal Reserve Board

Members not to be directors, officers, or stockholders, 1-240

Reports to, 1-245

Fiduciary and investment advisory activities by, 3-524

Financial recordkeeping and reporting regulations, applicability to, 3-772

Foreign branches, 1-233

Approval authority, 8-121.91

Reserves against credit to domestic subsidiaries, 3-699

Foreign companies, investment in; approval authority, 8-106.3

Foreign-exchange activities, 3-524

Foreign institutions and persons

Deposits by, 3-522

Ownership by, 3-515; 3-737

Foreign states, deposits by to Edge corporations, 3-522

Freight-forwarding services, 3-736

Gold, purchase and sale, 3-733

Home Mortgage Disclosure Act, applicability of to, 6-5267.2

Insolvency, appointment of receiver for, 1-244

Insurance underwriting by foreign subsidiary, 3-737.1

Interest rate

Disclosures, Regulation DD inapplicable to, 6-7032

Limitations, 3-520

Interlocks, management official; with depository institutions, 3-783; 3-806

Investment advisory activities, 3-524

Investments by, 1-234; 3-711 et seq.; 3-759 et seq.

Combination export manager, in, 3-711

Debts previously contracted, to prevent losses on, 1-235; 3-761

Divestiture, deadline extension authority, 8-121

Export trading company, approval authority, 8-106.3

Foreign company, in, 3-715; 3-765

Consent authority, 8-106.3

Joint ventures, foreign; in, 3-714

Leasing corporations, special-purpose; in, 3-712

Limitations, 3-678

Other corporations, in; ownership, 1-234

Procedures, 3-678

Time extension to complete, authority, 8-121.3

Investments in—See also Stockholders, this heading.

Change in control, prior notice and review by Board, 3-516

Domestic banking organizations, by, 3-715

Member banks, by, 3-519

National banks, by, 1-129; 3-710

Federal Reserve Banks, by, 3-731

Foreign individuals, by, 3-737

Foreign institutions, by, 3-515

Joint ventures, international, 3-713

Shares, nature of, 3-514

State corporation, by, 3-730

Joint ventures, 3-713; 3-714

Labor union, as to Federal Reserve Bank unionization, 8-861; 8-924

Leasing corporations, special-purpose; investment in, 3-712

Lending limits, 3-675

Acceptances, 3-550

Letters of credit, reserve requirements, 3-735

Liquidation, voluntary, 1-243; 3-526

Liquid funds, use in United States by, 3-520

Loans and extensions of credit

One person, to; as to investments abroad, 3-551

Exceptions, 3-552

Overdrafts, to cover; exempt from reserve requirements, 2-308.1

Meeting, of shareholders, 3-514

Name requirements, 3-513

National bank, purchase of stock by, 1-219

Net settlement contracts, 9-1513.1

Notice of proposal to organize, 3-513

Obligations, United States liable for; representation a crime, 1-251

Officers

Criminal offenses by, 1-250; 1-251

Federal Reserve Board members, not to be, 1-240

Representations that United States is liable for obligations to be criminal offense, 1-251

Organization of corporation, 1-227; 3-513

Certificate, 1-229; 1-230

Factors considered by Board, 3-513

Permit, 3-513

Overdraft by, loan to cover exempt from reserve requirements for parent bank, 2-308.1

Ownership of—See Investments in, this heading.

Payments by, 3-524

Permit, 3-513

Issuance, 1-230

Powers, 1-230 et seq.

Federal Reserve Board, regulated by, 1-231

Money, borrowing and lending, 1-232

Obligations, dealing in, 1-232

Price control, corporations attempting; not authorized for, 1-237

Privacy of customer information, standards for protecting, 3-521

Promissory notes issued by, definition as time deposits, 2-136

Receiver, appointment for insolvency, 1-244

Records, financial; applicable regulations, 3-772

Stockholders, of, 1-245

Reports

Bank Secrecy Act, 3-521; 3-772

Federal Reserve Board, to, 1-245; 3-556

Authority to require, delegated, 8-108.5

Reserve requirements, 2-125; 2-207; 3-520; 3-677

Letters of credit, 3-735

Liabilities of United States branches, not deposits for purposes of, 2-133

Overdraft, loan to cover; exemption from parent bank reserves, 2-308.1

U.S. branches, liabilities of, 2-133

Reserves against credit to domestic subsidiaries, foreign branches, 3-699

Security devices and procedures regulation, applicability to, 3-451

Shareholders, meeting of requested by Federal Reserve Board, 3-514

Shares, nature of, 3-514

See also Investments in, this heading.

State agencies, 2-242

State corporation

Federal corporation, conversion into, 1-249

Investment in Edge corporation, 3-730

Stockholders

Bank Holding Company Act applicability, 1-239

Citizenship of, 1-239

Federal Reserve Board members not to be, 1-240

Liability of, 1-241

Meetings, 1-245

Records of, 1-245

Stock purchases—See Investments by, this heading.

Subsidiaries

Banks, as; Bank Holding Company Act, 4-351

Servicing exemption, Bank Holding Company Act, 4-671

Transactions between bank and nonbank subsidiaries, 4-198

Surplus fund, 1-246

Swap transactions, 3-546

Taxation, 1-247

Time deposits, promissory notes as, 2-136

United States

Banking organizations, investments in Edge corporations, 3-715

Credit activities in, 3-523

Operation in, 3-674

Permissible activities in, 3-522 et seq.; 3-732

Representation that United States is liable for obligations to be criminal offense, 1-251

Restrictions on business in, 1-236

Violation of law, forfeiture of charter for, 1-242

Well managed, definition, 3-504

Wire transfers, 3-524; 9-1513.1

Electronic funds transfers, 6-300 et seq.; 6-5300 et seq.

Access devices

Additional, issued in a renewal or substitution, 6-429; 6-5429

Authority granted but exceeded, 6-417; 6-5417

Definition, 6-301; 6-360; 6-413; 6-5301; 6-5413

Fraud involving, unauthorized access, 6-417; 6-5417

Government benefits, to transfer, 6-346; 6-5346

Issuance of, 6-308 et seq.; 6-382; 6-427 et seq.; 6-5308 et seq.; 6-5427 et seq.

Unsolicited—See Unsolicited issuance, this subheading.

Loss, notice of, 6-312; 6-313; 6-378; 6-432 et seq.; 6-5312; 6-5313; 6-5432 et seq.

Personal identification numbers (PINs)—See Personal identification numbers (PINs), this heading.

Renewals or substitutions, 6-308; 6-5308

Robbery, unauthorized access, 6-417; 6-5417

Service provider not holding accounts, 6-344 et seq.; 6-478; 6-479; 6-5344 et seq.; 6-5478; 6-5479

Theft of, notice of, 6-312; 6-313; 6-378; 6-432 et seq.; 6-5312; 6-5313; 6-5432 et seq.

Unauthorized transfers—See Unauthorized transfers, this heading.

Unsolicited issuance, 6-309; 6-429; 6-5309; 6-5429

Personal identification numbers (PINs), 6-429; 6-1169.7; 6-5429; 6-6169.7

Validation instructions, 6-348; 6-5348

Authentication of customer identity, 3-1579.39

Automated clearinghouses, membership in; applicability of regulation, 6-418; 6-5418

Automated teller machines

See also Automated teller machines.

Availability of funds—See Availability of funds.

Transaction account, definition; withdrawals and transfers through ATMs—See Transaction accounts.

Automatic transfers, exemption, 6-306; 6-423; 6-5306; 6-5423

See also Preauthorized transfers, this heading.

Availability of funds, 9-081; 9-091; 9-683

Electronic payment, definition, 9-014; 9-045

Business day

Definition, 6-302; 6-415; 6-5302; 6-5415

Disclosure, 6-316; 6-349.1; 6-5316; 6-5349.1

Change-in-terms notice, 6-319; 6-367; 6-443; 6-5319; 6-5443

Address, change, 6-443; 6-5443

Limitations on transfers, 6-443; 6-5443

Telephone number, change, 6-443; 6-5443

Charges—See also specific types of charges, this heading.

Changes in, 6-319; 6-5319

Collection of by electronic fund transfer, one-time, 6-305; 6-419.2; 6-436; 6-5305; 6-5419.2; 6-5436

Disclosure, 6-316; 6-366; 6-440; 6-5316; 6-5440

Payment card transactions, reasonable fees and rules for, 6-394.5

Periodic statements, 6-322; 6-323; 6-370; 6-454; 6-5322; 6-5323; 6-5454

Terminals

Displaying transaction fees at, 6-321; 6-446; 6-5321; 6-5446

Owners other than financial institutions, 6-321; 6-5321

Receipts at, transaction fees on, 6-321; 6-445; 6-5321; 6-5445

Checks

Coverage of regulation, 6-419; 6-5419

Exclusion from, 6-305.1; 6-420; 6-5305.1; 6-5420

Electronic conversion using information from check, one-time, 6-305; 6-419.1; 6-5305; 6-5419.1

Initial disclosures, 6-349.2; 6-353; 6-436; 6-439; 6-442.5; 6-5349.2; 6-5353; 6-5436; 6-5439; 6-5442.5

Guarantee or authorization, exemption, 6-305.1; 6-420; 6-1170.4; 6-5305.1; 6-5420; 6-6170.4

Overdrafts—See Overdrafts, this heading.

Service fees, one-time collection of by electronic fund transfer, 6-305; 6-419.2; 6-5305; 6-5419.2

Model clause, insufficient-funds fee, 6-355; 6-5355

Commodities transfers, 6-305.1; 6-422; 6-5305.1; 6-5422

Compulsory use, prohibitions, 6-384

Credit, definition, 6-302; 6-5302

Custodial agreements, trust account; IRAs, 6-414; 6-5414

Debit cards

See also Access devices, this heading.

Federal Trade Commission authority over issuers, 6-358

Point-of-sale transactions, 6-416; 6-5416

Debit instrument, definition, 6-392

Definition, 6-305; 6-365.1; 6-419; 6-5305; 6-5419

Deposits

Amounts incorrect, periodic statements and receipts; documentation of transfers, 6-451; 6-5451

Direct

Government benefits, 6-365.1

Reversal of, periodic-statement requirement, 6-456.1; 6-5456.1

Government benefits, direct deposit of, 6-365.1

Disclosures, 6-399

Additional information, 6-307; 6-5307

Additional services, after initial disclosures, 6-316; 6-5316

Business days, 6-316; 6-349.1; 6-5316; 6-5349.1

Confidentiality, 6-316; 6-349.3; 6-366; 6-5316; 6-5349.3

Content, 6-316; 6-5316

Electronic—See Electronic disclosures, this heading.

Foreign language, in, 6-426; 6-5426

Form of, 6-307; 6-426; 6-5307; 6-5426

Forms, compliance with administrative enforcement; review by Board, 6-481; 6-5481

See also Model disclosure clauses and forms, this subheading.

Language of, 6-307; 6-5307

Model disclosure clauses and forms, 6-347 et seq.; 6-481; 6-5347 et seq.; 6-5481

Access device, validation, 6-348; 6-5348

Altering, 6-481; 6-5481

Business day of financial institution, 6-349.1; 6-5349.1

Charges, 6-349.3; 6-5349.3

Documentation, right to receive, 6-349.4; 6-5349.4

Government agencies, 6-352; 6-5352

Initial disclosures, 6-349 et seq.; 6-5349 et seq.

Liability of financial institution for failed transfers, 6-349.6; 6-5349.6

Payroll card accounts, 6-354; 6-5354

Preauthorized transfers, 6-349.5; 6-349.6; 6-5349.5; 6-5349.6

Service-providing institution, 6-351; 6-5351

Third parties, information given to, 6-349.3; 6-5349.3

Transfer types and limitations, 6-349.2; 6-5349.2

Unauthorized transfers, 6-349; 6-349.1; 6-5349; 6-5349.1

Multiple accounts and account holders, combined disclosure, 6-307; 6-5307

Payroll card accounts, 6-346.41; 6-354; 6-5346.41; 6-5354

Privacy of account information—See Confidentiality, this subheading.

Remittance transfers, 6-394

Services

Jointly provided by two or more institutions, 6-307; 6-5307

Provider not holding accounts, by, 6-344; 6-478; 6-479; 6-5344; 6-5478; 6-5479

Terms and conditions, initial disclosure of, 6-316 et seq.; 6-366; 6-367; 6-436 et seq.; 6-5316 et seq.; 6-5436 et seq.

Timing, 6-316; 6-436; 6-5316; 6-5436

Existing accounts, 6-367

Unauthorized transfers, 6-316; 6-366; 6-5316

Liability not imposed, 6-437; 6-5437

Documentation of transfers, 6-368 et seq.; 6-401

See also Periodic statements and Receipts, this heading.

Disclosure, consumer's right to, 6-316; 6-366; 6-5316

Foreign-initiated transfers, 6-325; 6-457; 6-5325; 6-5457

Non-access accounts, 6-324; 6-371; 6-5324

Passbook accounts, retrospective documentation, 6-324; 6-371; 6-5324

Point-of-sale transfers, 6-416; 6-5416

Proof of payment, 6-371

Service provider not holding accounts, 6-344; 6-479; 6-5344; 6-5479

Electronic benefit transfer (EBT) programs—See Government benefits, this heading.

Electronic disclosures, 6-307; 6-5307

Electronic terminal, definition, 6-303; 6-416; 6-5303; 6-5416

Employment by financial institutions, account to receive preauthorized transfers as condition of, 6-328; 6-463; 6-5328; 6-5463

Error, definition, 6-329; 6-376; 6-464; 6-5329; 6-5464

Error resolution, 6-329 et seq.; 6-373 et seq.; 6-401; 6-464; 6-5329 et seq.; 6-5464

Access devices loss or theft, 6-464; 6-5464

Adjustments and corrections, 6-373 et seq.

Closed account, assertion of error, 6-464; 6-5464

Correction, 6-331 et seq.; 6-373 et seq.; 6-467; 6-5331 et seq.; 6-5467

Disclosure of terms and conditions, 6-316; 6-366; 6-442; 6-5316; 6-5442

Documentation, 6-330; 6-464; 6-5330; 6-5464

Account-holding institution, by, 6-345; 6-5345

Readability of documents provided, 6-472; 6-5472

Government benefits, disclosures, 6-346.2; 6-5346.2

Information, request for, 6-464; 6-5464

Investigation by financial institution, 6-331; 6-332; 6-374; 6-467 et seq.; 6-5331; 6-5332; 6-5467 et seq.

Error, procedures following determination, 6-374

No error, procedures following determination, 6-332; 6-375; 6-471; 6-5332; 6-5471

Notices from customer, 6-330; 6-465; 6-466; 6-5330; 6-5465; 6-5466

Withdrawal, 6-474; 6-5474

Notices from institution

Change from annual or periodic, 6-444; 6-5444

Sample, 6-350; 6-5350

Payroll card accounts, 6-346.41; 6-480.72; 6-5346.41; 6-5480.72

Reassertion of error, 6-333; 6-474; 6-5333; 6-5474

Service provider not holding accounts, 6-344; 6-479; 6-5344; 6-5479

Exemptions from regulation, 6-305.1 et seq.; 6-420 et seq.; 6-5305.1 et seq.; 6-5420 et seq.

See also Automatic transfers, this heading; specific types of transfers, this heading.

Government benefit transfer programs, for, 6-365.1

Federal Reserve Bank services, fee schedule coverage, 1-105; 9-1562; 9-1567

Fedwire transfers, exemption, 9-851

Fees—See Charges, this heading.

Foreign-initiated transfers, documentation for, 6-325; 6-457; 6-5325; 6-5457

Foreign persons, applicability of regulation to, 6-418; 6-5418

Government benefits, 6-346 et seq.; 6-365.1; 6-5346 et seq.

Disclosures about obtaining account balances and histories, 6-352; 6-5352

Preauthorized transfers, as condition for receipt of, 6-328; 6-463; 6-5328; 6-5463

Tie-in arrangements, restrictions, 4-017.2

Identity of customers, authentication, 3-1579.39

Individual retirement accounts (IRAs) under custodial agreements, 6-414; 6-5414

Information release to third parties—See Disclosures, this heading.

Interim statements, 6-450; 6-5450

Intra-institutional transfers, periodic statements for, 6-324; 6-456; 6-5324; 6-5456

Joint services by two or more financial institutions, 6-307; 6-5307

Language of disclosures, 6-307; 6-5307

Liability

Civil, 6-386 et seq.

Consumer's, for unauthorized transfers—See Unauthorized transfers, at Liability, this subheading.

Criminal, 6-390 et seq.

Financial institution liability, 6-380; 6-381

Damages for wrong findings of error investigations, 6-375

Disclosure of conditions, 6-316; 6-349.6; 6-366; 6-5316; 6-5349.6

System malfunctions, suspension of payer obligation, 6-383

Unauthorized transfers—See Unauthorized transfers, this heading.

Loss of access device—See Access devices, this heading.

Michigan law, preemption of provisions of state statute, 6-476; 6-5476

Network services, risk reduction, 9-1040 et seq.

Overdrafts

Charges

Collection of by electronic fund transfer, 6-305; 6-419.2; 6-420; 6-436; 6-5305; 6-5419.2; 6-5420; 6-5436

Error resolution, during, 6-473; 6-5473

Protection plans, 3-1579.43

Passwords, authentication of customer identity, 3-1579.39

Payroll card account

Account covered by Regulation E, as, 6-302; 6-414; 6-5302; 6-5414

Financial institutions offering, 6-346.4; 6-346.41; 6-480.7 et seq.; 6-5346.4; 6-5346.41; 6-5480.7 et seq.

Model disclosure clauses, 6-354; 6-5354

Periodic statements, 6-322 et seq.; 6-370; 6-450 et seq.; 6-5322 et seq.; 6-5450 et seq.

Account-holding institution as third party, 6-345; 6-480; 6-5345; 6-5480

Balances, opening and closing, 6-455; 6-5455

Charges, 6-323; 6-454; 6-5323; 6-5454

Cycles, 6-322; 6-370; 6-450; 6-5322; 6-5450

Deposit amounts, incorrect, 6-451; 6-5451

Government benefits

Agency, identification of, 6-453; 6-5453

Alternative to statement, 6-346.1; 6-346.2; 6-5346.1; 6-5346.2

Inquiries, address and telephone number for, 6-323; 6-455; 6-5323; 6-5455

Intra-institutional transfers, for, 6-324; 6-456; 6-5324; 6-5456

Payroll card accounts, 6-346.4; 6-480.71; 6-5346.4; 6-5480.71

Preauthorized transfers, exception for, 6-324; 6-456.1; 6-5324; 6-5456.1

Telephone numbers, 6-455; 6-5455

Terminal location

Nonproprietary terminal in network, 6-452; 6-5452

Third party, and; single listing, 6-453; 6-5453

Third party

Account-holding institution as, 6-453; 6-5453

Identity, 6-453; 6-5453

Payee, consumer as, 6-453; 6-5453

Terminal location, and; single listing for, 6-453; 6-5453

Type of transfer, 6-452; 6-5452

Unauthorized transfer on, reporting, 6-313; 6-434; 6-5313; 6-5434

Person, definition, 6-304; 6-5304

Personal identification numbers (PINs)

Risk management, authentication of customer identity, 3-1579.39

Unsolicited issuance, 6-429; 6-1169.7; 6-5429; 6-6169.7

Point-of-sale (POS) transactions

Electronic check conversions, 6-305; 6-419.1; 6-5305; 6-5419.1

Error resolution, 6-469; 6-470; 6-5469; 6-5470

Network services, risk reduction, 9-1040 et seq.

Service fees, collection of, 6-419.2; 6-5419.2

Terminals, 6-416; 6-5416

Receipts at, identification of transaction type, 6-447; 6-5447

Reserve requirements on deposits accessible through, 2-345.22

Preauthorized transfers, 6-326 et seq.; 6-372; 6-403; 6-458 et seq.; 6-5326 et seq.; 6-5458 et seq.

Advance notice, without; initial disclosures, 6-436; 6-5436

Authorization for transfers from account, 6-327; 6-459; 6-459.1; 6-5327; 6-5459; 6-5459.1

Compulsory use, 6-328; 6-462; 6-463; 6-5328; 6-5462; 6-5463

Crediting, 6-326; 6-5326

Definition, 6-304; 6-362; 6-416.3; 6-5304; 6-5416.3

Error resulting in failure to obtain written authorization, 6-459.1; 6-5459.1

Loan payments, 6-462; 6-5462

Nonaccess accounts, documentation requirements, 6-324; 6-371; 6-5324

Notices

Regularly scheduled transfers, 6-369

Telephone, 6-458; 6-5458

Varying transfers, 6-328; 6-372; 6-461; 6-5328; 6-5461

Periodic-statement requirements, exceptions for, 6-324; 6-456.1; 6-5324; 6-5456.1

Small financial institutions, to, 6-306.1; 6-425; 6-5306.1; 6-5425

Stop-payment procedures

Disclosure of terms and conditions, 6-316; 6-366; 6-5316

Notification, 6-327; 6-372; 6-460; 6-5327; 6-5460

Telephone notices and inquiries, 6-326; 6-458; 6-5326; 6-5458

Varying transfer amounts, notice requirements, 6-328; 6-372; 6-461; 6-5328; 6-5461

Verification by customer not asserting error, 6-464; 6-5464

Privacy, disclosure about—See Disclosures, this heading.

Receipts, 6-321; 6-325; 6-445 et seq.; 6-5321; 6-5325; 6-5445 et seq.

Date, 6-446; 6-5446

Fee, transaction, 6-446; 6-5446

Foreign-initiated transfers, 6-325; 6-5325

Inadvertent error, not furnished, 6-445; 6-5445

Multiple transfers, 6-445; 6-5445

Point-of-sale transfer

Telephone or similar device, initiated by, 6-416; 6-5416

Type of transfer, 6-447; 6-5447

Promotional material printed on, 6-445; 6-5445

Proof of payment, deposit receipt as, 6-449; 6-5449

Request, furnished only on, 6-445; 6-5445

Small-value transfers, exception, 6-325; 6-464; 6-5325; 6-5464

Terminal, at, 6-321; 6-325; 6-445 et seq.; 6-5321; 6-5325; 6-5445 et seq.

Third parties

Available through, 6-445; 6-5445

Names, 6-321; 6-449; 6-5321; 6-5449

Transfer not completed, 6-445; 6-5445

Type of account, 6-447; 6-5447

Type of transfer, 6-447; 6-5447

Regulation E—See Regulation E.

Report to Congress, annual, 6-394

Retail systems, switch and network services; risk reduction, 9-1040 et seq.

Return of, collection of service fee for by electronic fund transfer, 6-305; 6-419.2; 6-5305; 6-5419.2

Robber forcing customer to make withdrawal, 6-417; 6-5417

Savings accounts, withdrawals from through automated teller machines, reserve requirements—See Transaction accounts.

Service provider not holding accounts, 6-344 et seq.; 6-478; 6-479; 6-5344 et seq.; 6-5478; 6-5479

Disclosure clause, model, 6-351; 6-5351

Small financial institutions, preauthorized transfers to, 6-306.1; 6-425; 6-5306.1; 6-5425

State law

Exemptions from federal law, 6-338; 6-396; 6-5338

Authority to grant, 8-109.1

Preemption by federal law, 6-337; 6-395; 6-476; 6-5337; 6-5476

Authority to determine, 8-109.1

Michigan law, 6-476; 6-5476

New York law, 6-197.15; 6-5197.15

Unauthorized transfers, consumer liability limitations, 6-313; 6-5313

Stop-payments

Charges, disclosure, 6-316; 6-366; 6-5316

Preauthorized transfers—See Preauthorized transfers, this heading.

Switch services, risk reduction, 9-1040 et seq.

Telephones

Notices and inquiries by, 6-316; 6-323; 6-366; 6-370; 6-438; 6-455; 6-5316; 6-5323; 6-5438; 6-5455

Preauthorized transfers, 6-326; 6-458; 6-5326; 6-5458

Unauthorized transfers, 6-316; 6-349.1; 6-438; 6-5316; 6-5349.1; 6-5438

Transfers, telephone-initiated; exemption from regulation, 6-306; 6-424; 6-5306; 6-5424

Terminals

Automated teller machines—See Automated teller machines, this heading.

Location, inquiry about; error resolution, 6-464; 6-5464

Point-of-sale terminals, 6-416; 6-5416

Receipts at, 6-321; 6-325; 6-445 et seq.; 6-5321; 6-5325; 6-5445 et seq.

Terms, 6-366; 6-367

Addition of electronic fund transfer services, 6-316; 6-5316

Change in—See Change-in-terms notice, this heading.

Theft of access device—See Access devices, this heading.

Trust accounts

Bona fide trust agreements, 6-414; 6-5414

IRAs under custodial agreements, 6-414; 6-5414

Truth in lending laws, applicability, 6-336; 6-475; 6-5336; 6-5475

Unauthorized transfers

Access devices

Authority granted but exceeded, 6-417; 6-5417

Government benefits, to transfer, 6-346.2; 6-5346.2

Loss or theft of, notice requirements, 6-312; 6-313; 6-378; 6-432 et seq.; 6-5312; 6-5313; 6-5432 et seq.

Definition, 6-304; 6-363; 6-417; 6-5304; 6-5417

Employee of financial institution, by, 6-417; 6-5417

Forced initiation, 6-417; 6-5417

Liability, 6-311 et seq.; 6-377 et seq.; 6-430 et seq.; 6-5311 et seq.; 6-5430 et seq.

Burden of proof, 6-379

Disclosure of terms and conditions, 6-316; 6-366; 6-437; 6-5316; 6-5437

Failure to report, 6-312; 6-313; 6-378; 6-433; 6-5312; 6-5313; 6-5433

Government benefits, access device to transfer, 6-346; 6-5346

Late notice of, 6-465; 6-5465

Limitations on amount, 6-312; 6-313; 6-377; 6-378; 6-431; 6-5312; 6-5313; 6-5431

Truth in lending laws, applicability, 6-336; 6-5336

Waiver of customer rights prohibited, 6-385

Wire transfers, applicability of Regulation E to, 6-305.1; 6-421; 6-5305.1; 6-5421

See also Wire transfers of funds.

Electronic Fund Transfer Act, 6-359 et seq.

Compliance records, retention of, 6-341; 6-477; 6-5341; 6-5477

Credit card use

Billing-error resolution, relation to, 6-770; 6-5770

Relation to, 6-754; 6-5754

Enforcement, 6-358; 6-393

FedNow transfers governed by, 9-880.1

Fedwire transfers governed by, exemption for, 9-851; 9-907

Regulation Z, relation to, 6-1171.8; 6-6171.8

State laws, preemption and exemption—See Electronic funds transfers.

Embezzlement, 1-457

Emergency Loan Guarantee Board, 1-548 et seq.

Advances requested, conditions for granting, 1-553

Annual report to Congress, 1-560

Attorney general, protection of government's interest, 1-559

Books, access to applicant's, 1-552; 1-555

Congress, annual report to, 1-560

Disapproval of certain transactions, authority for, 1-555

Dividends not payable while guaranteed loan is unpaid, 1-551

Documents of applicants, inspection of, 1-552; 1-555

Emergency loan guarantee fund, establishment, 1-557

See also this heading generally.

Expenses paid from emergency loan guarantee fund, 1-557

Federal Reserve Banks as fiscal agents for, 1-558

Fees charged on each loan to replenish emergency loan guarantee fund, 1-557

Financial records, applicant's; access to, 1-552; 1-555

Fiscal agents, Federal Reserve Banks as, 1-558

Fund, emergency loan guarantee; establishment, 1-557

See also this heading generally.

Government's interest, protection by attorney general, 1-559

Guarantees for loans

Advances requested, conditions for granting, 1-553

Attorney general, protection of government interest, 1-559

Collateral, priority interest in, 1-554

Conditions, 1-549

Covenants to be present in loan agreements, 1-553

Government interest protected, 1-559

Limitations, 1-549

Maximum obligation, 1-556

Requirements applicable, 1-551 et seq.

Security for, 1-550

Loans

Agreements

Amendment of provisions prohibited, 1-553

Covenants to be present in loan agreements, 1-553

Waiver of provisions prohibited, 1-553

Guarantees—See Guarantees for loans, this heading.

Obligation, maximum, 1-556

Payments to be made from emergency loan guarantee fund, 1-557

Report to Congress, annual, 1-560

Emergency restrictions on business, 1-323

Employee responsibilities and conduct, 8-550 et seq.

Affiliate, definition, 8-556

Conflict of interest, 8-558 et seq.

See also Conflict of interest.

Credit from institutions involved in employees' work assignments, 8-566 et seq.

Debt or equity interest

Definition, 8-556

Disqualification from matter, conflict of interest, 8-560

Permissible interests in, 8-558

Prohibited interests, 8-558 et seq.

Waivers, 8-559

Dependent child, definition, 8-557

Depository institution, definition, 8-557

Disqualification from matter, conflict of interest, 8-560

Employee, definition, 8-557

Employment, compensated outside; prior approval, 8-572

Family members, restrictions resulting from employment of, 8-571

Financial interests, prohibited, 8-558 et seq.

Former Board employees and members, limitations on activities, 8-600 et seq.

Appearance before Board

Consultation as to propriety of, 8-603

Suspension of privilege, 8-604

Criminal penalties, 8-605

Matters on which worked, 8-602

Official responsibility, matters within, 8-602

Penalties, criminal, 8-605

Rulemaking proceedings, 8-603

Mutual funds, permissible interest in, 8-558

Nonbanking holding companies, permissible interest in, 8-558

Outside employment, compensated; prior approval of, 8-572

Pension plans, permissible interest in, 8-558

Preferential terms from regulated institutions, prohibition, 8-565

Primary government securities dealer, definition, 8-557

Supervisory employees

Credit from institutions involved in work assignments, 8-566 et seq.

Definition, 8-557

Disqualification from matters involving lenders, 8-569; 8-570

Employees

Directors, status as, 5-882.22

Federal, coordination of policy regarding, 1-529

Federal Reserve Banks, of—See Federal Reserve Banks; Labor-management relations.

Federal Reserve Board, of, 1-103

Conduct and responsibilities—See Employee responsibilities and conduct.

Equal employment opportunity—See Equal employment opportunity (Federal Reserve Board).

Key, extension of credit to by company for stock option plan, 5-916.01

Installment payments, 5-925

Member bank executive officers, loan from employees' profit-sharing trust fund to; prohibited, 3-1049

Profit-sharing plans, loans from to member bank executive officers; as exempted transactions, 3-1075

Profit-sharing trust fund, loans from to member bank executive officers; prohibited transactions, 3-1049

Stock option and purchase plans—See Employee stock option and ownership plans.

Employees' savings plans

Bank as trustee, 5-796

Credit union extending indirectly secured credit, 5-902.1

Employee stock option and ownership plans, 5-761; 5-798.5 et seq.; 5-882

Acceleration clause, executive stock purchase plan, 5-907

Bank holding companies

Company, definition, 4-426.1

Controlling influence, purchase of, 4-453

Exemption from Regulation U for purchase of stock of, 5-884.62

Banks effecting transactions, exemption from definition of ``broker,'' 5-003

Recordkeeping requirements, authority to establish, 1-398.28

Broker-dealer, credit by

Cashless exercise, receipt of funds or securities, 5-404; 5-541; 5-677.5 et seq.

Cashless exercise of option, 5-404; 5-541; 5-677.5 et seq.

Collateral, withdrawal and substitution—See Withdrawal and substitution, this heading.

Combined credit for exercise of option and payment of income taxes, 5-798.52

Company, definition as to bank holding companies, 4-426.1

Controlling influence, purchase; bank holding companies, 4-426.1

Convertible preferred stock, 5-942.6

Series, two or more, 5-882.12

Credit

Arrangements separate from plan, 5-798.5

Combined, for exercise of option and payment of income taxes, 5-798.52

Participant free to cancel participation, 5-798.51

Terms, approval by shareholders, 5-882.19

Credit unions

Mixed membership, with; securities credit, 5-882.2

Payroll deductions, 5-880.5

Plan-lenders for, as; securities credit, 5-882.15

Sponsoring, 5-880.5

Debentures, bank loan to purchase; guaranty, 5-900.5

Directors, outside; status as employees, 5-677.54; 5-882.22

Eligible plan, definition, 5-761

Executive stock purchase plan, acceleration clause, 5-907

Exempted transactions

Bank holding company stock, 5-884.62

IRS qualification letter, 5-884.66

Securities-acquisition loan, 5-884.64

Sponsors of plans, loans to, 5-884.61; 5-884.63

Foreign subsidiaries, employees of, 5-882.13

Guaranty by corporation, 5-802

Collateral retained by lending bank, 5-900.52

Debentures, bank loan to purchase, 5-900.5

Employee stock ownership trust, establishment, 5-908.1

Key employees, for, 5-916.01

Secured bank loan for exercise of option, 5-900.53

Unsecured bank loan for exercise of option, 5-802

Holding period, two-year, 5-947.2

Indirectly secured credit, 5-882.14; 5-917.161; 5-917.172

Investment company loans to officers of other companies to participate in, 5-882

Key employees, extension of credit by company, 5-916.01

Installment payments, 5-925

Liquidation of sole, corporate stockholder; distribution of shares to employees, 5-882.23

Living-expenses loan, purpose credit, 5-817

Nonrecourse notes, 5-882.11

Ordinary course of business, extension of credit, 5-925

Plan lender, definition, 5-761; 5-854

Preferred stock convertible to common stock, registration requirements, 5-942.6

President of company, unsecured loan for purchase of stock, 5-947.2

Purpose and nonpurpose credit to same customer, 5-928

Regulation U

Applicability of, 5-855

Circumvention of, 5-947.2

Sale of employees' securities, 5-882.21

Series of preferred stock, two or more, 5-882.12

Shareholders, approval of credit terms by, 5-882.19

Single-credit rule, 5-882.1; 5-951.22

Sponsors, loans to, 5-884.61; 5-884.63

Tax loans, 5-798.52; 5-882.16 et seq.; 5-882.26

Trust, stock ownership; establishment by corporation, 5-908.1

Unsecured loans

Bank, by; guaranty by corporation for exercise of option, 5-802

President of company, to; for purchase of stock, 5-947.2

Withdrawal and substitution, 5-882.24; 5-882.25

Employers

Labor-management relations, federal agencies not so defined, as to, 1-291

Employment

Consumer reports used for employment purposes—See Fair credit reporting.

Equal opportunity—See Equal employment opportunity (Federal Reserve Board); Equal employment opportunity (financial institutions).

Financial institutions, by

Convicted individual, employment of, 1-398.5 et seq.

Preauthorized transfers to account as condition of, 6-328; 6-463; 6-5328; 6-5463

References, disclosure of suspicions of illegal activity, 1-398.4; 3-1776.6

Part-time, not to be considered for equal credit opportunity applicant, 6-029; 6-121; 6-184; 6-185; 6-5029; 6-5184; 6-5185

Enemies—See Trading with the Enemy Act.

Engraving

Federal Reserve notes, plates for, 1-147

Equal Access to Justice Act

Claims under, adjudications before Federal Reserve Board, 8-091.6 et seq.; 8-101.3

Equal credit opportunity, 6-001 et seq.; 6-5001 et seq.

Accounts

Definition, 6-065.51; 6-5065.51

Designation, 6-050; 6-5050

Existing, open-end; prohibited actions, 6-034; 6-5034

Action taken

Adverse—See Adverse action, this heading.

Notification, 6-043 et seq.; 6-141 et seq.; 6-5043 et seq.

Multiple applicants or creditors, 6-049; 6-5049

Adverse action

Credit card issuer terminating account when customer moves from service area, 6-156

Credit limits, termination based on, 6-156

Default or delinquency, 6-157

Definition, 6-004; 6-096; 6-142; 6-5004

Extend term of loan, refusal to, 6-156

Increase in amount of credit, 6-158; 6-5158

Notification—See Notifications, this heading.

Point-of-sale transactions, 6-158; 6-5158

Records preserved for 25 months, 6-057; 6-5057

Refinance, refusal to, 6-156

Terms applied for not offered, 6-159; 6-5159

Advertising to encourage or discourage certain classes of borrowers prohibited, 6-113

Affirmative advertising, 6-176; 6-5176

Age

Credit scoring systems, consideration of in

Empirically derived, statistically sound, 6-028; 6-093; 6-120; 6-125; 6-165; 6-182; 6-5028; 6-5165; 6-5182

Hybrid (combined), 6-183; 6-5183

Judgmental, 6-028; 6-126; 6-182; 6-5028; 6-5182

Designated, attainment by applicant not grounds for revising credit terms, 6-034; 6-5034

Discrimination prohibited, 6-092

Insurance unavailable because of, 6-038; 6-140; 6-195.4; 6-5038; 6-5195.4

Requests for information, 6-093

Reverse mortgages, 6-182.1; 6-5182.1

Aid to Families with Dependent Children—See Temporary Aid to Needy Families, this heading.

Aliens—See Immigration status, this heading.

Alimony

Evaluation of applications, 6-029; 6-121; 6-184; 6-185; 6-5029; 6-5184; 6-5185

Requests for information, 6-023; 6-024; 6-114 et seq.; 6-177.7; 6-178; 6-5023; 6-5024; 6-5177.7; 6-5178

Incidental credit, 6-017; 6-5017

Special-purpose credit programs, 6-042; 6-149; 6-195.8; 6-5042; 6-5195.8

Annual reports to Congress, 6-110

Annuity income not to be discounted, 6-121

Applicants

Buyer applying to assume mortgage loan, 6-160; 6-5160

Definition, 6-005; 6-5005

Individual, consideration in evaluation of applications, 6-184; 6-5184

Joint—See Joint applicants, this heading.

Married—See Married persons, this heading.

Multiple, notification of adverse action, 6-049; 6-143; 6-5049

Prospective, discouraging prohibited, 6-020; 6-176; 6-5020; 6-5176

Qualified, signatures of spouses or other persons, 6-192; 6-5192

Unqualified, signatures of spouses or other persons, 6-192; 6-5192

Applications

Approved, withdrawal of; notification, 6-048; 6-5048

Brokered, record retention, 6-197.4; 6-5197.4

Completed

Definition, 6-006

Diligence requirement for, 6-162

Computerized entry, 6-176.1; 6-5176.1

Definition, 6-006

Discouraging prohibited, 6-020; 6-113; 6-176; 6-5020; 6-5176

Electronic, 6-197.61; 6-5197.61

Evaluation—See Evaluation of applications, this heading.

Forms, 6-067 et seq.; 6-5067 et seq.

Closed-end credit, 6-069; 6-070; 6-5069; 6-5070

Community property, 6-071; 6-5071

FHLMC/FNMA application form, 6-199

Instructions for adoption, 6-067; 6-5067

Mortgage loan, residential real estate, 6-072

Open-end, unsecured credit, 6-068; 6-5068

Residential real estate mortgage loan, 6-072; 6-199

Incomplete

Notification, 6-047; 6-142.5; 6-5047

Reapplication, 6-196.7; 6-5196.7

Inquiries as applications, 6-161; 6-162; 6-5161

Notifications concerning, 6-195.9 et seq.; 6-5195.9 et seq.

Procedures established for, 6-161; 6-5161

Reapplication, restrictions on requirements for open-end accounts, 6-034; 6-5034

Record retention, withdrawn or brokered applications, 6-197.4; 6-5197.4

Requests for information—See Requests for information, this heading.

Taking, rules concerning, 6-176 et seq.; 6-5176 et seq.

Telephone application, 6-176.1; 6-197.6; 6-5176.1; 6-5197.6

Third party, submitted through; notification, 6-049; 6-5049

Video, through, 6-197.61; 6-5197.61

Withdrawal

Approved application, of; notification, 6-048; 6-5048

Failure of applicant to inquire as to status, 6-048; 6-5048

Withdrawn, record retention, 6-197.4; 6-5197.4

Written applications, requirement for, 6-118; 6-176.1; 6-5176.1

Appraisal report

Definition, 6-062; 6-197.82

Providing to applicant for loan secured by dwelling, 6-061; 6-197.8; 6-197.82; 6-5061; 6-5197.8

Charges for, 6-197.8; 6-5197.8

Sample disclosure of right to receive, 6-079.3; 6-199.2; 6-5079.3; 6-5199.2

Assignees, creditors, 6-164

Authorized users of open-end credit, 6-188; 6-5188

Birth control practices, requests for information prohibited, 6-025; 6-117; 6-5025

Business credit, 6-151

Definition, 6-007; 6-162.3; 6-5007; 6-5162.3

Denial, notice of right to statement of reasons, 6-099

Form, model, 6-079.2; 6-5079.2

Factoring, 6-196.16; 6-5196.16

Notification of action taken, 6-044.1; 6-044.2; 6-142.1 et seq.; 6-196.15; 6-196.16; 6-5044.1; 6-5044.2; 6-5196.15; 6-5196.16

Form, model, 6-079.1; 6-5079.1

Record retention, 6-057 et seq.; 6-099; 6-5057 et seq.

Signatures required, 6-139

Trade credit, notifications, 6-142.4; 6-196.15; 6-5196.15

Childbearing

Intentions and capability, requests for information prohibited, 6-025; 6-117; 6-5025

Statistical probability not to be considered, 6-029; 6-117; 6-5029

Child support

Evaluation of applications, 6-029; 6-121; 6-184; 6-185; 6-5029; 6-5184; 6-5185

Requests for information, 6-023; 6-024; 6-114 et seq.; 6-177.7; 6-178; 6-5023; 6-5024; 6-5177.7; 6-5178

Incidental credit, 6-017; 6-5017

Special-purpose credit programs, 6-042; 6-149; 6-195.8; 6-5042; 6-5195.8

Civil action for noncompliance, 6-065.52; 6-5065.52

Classes of transactions, exceptions—See Exceptions for certain classes of transactions, this heading.

Closed-end credit, application form, 6-069; 6-070; 6-5069; 6-5070

Community property

Application form, 6-071; 6-5071

States, spouse's signature required on application for individual credit, 6-036; 6-136; 6-195.2; 6-5036; 6-5195.2

Compliance

Good faith; for creditor, 6-154; 6-5154

Self-testing and self-correction, 6-103.1; 6-103.2

Computerized entry of application, 6-176.1; 6-5176.1

Congress, annual reports to, 6-110

Consumer credit, definition, 6-007; 6-5007

Consumer reporting agencies, routine reports to, 6-050; 6-5050

Cosigners—See Signature requirements, this heading.

Courtesy titles, requests for information, 6-022; 6-116.1; 6-5022

Credit, definition, 6-007; 6-097; 6-163; 6-5007; 6-5163

Credit card

Definition, 6-007; 6-5007

Issuer terminating open-end account when customer moves from service area, 6-156

Credit extension, definition, 6-012

Credit history

Creditworthiness determination, 6-030; 6-5030

Establishment, 6-138

Spouses', consideration, 6-123

Wives' credit histories discrete from husbands', 6-145

Credit information, furnishing, 6-197; 6-197.1; 6-5197; 6-5197.1

Accounts

All, reporting on, 6-197; 6-5197

Designating, 6-050; 6-197; 6-197.1; 6-5050; 6-5197; 6-5197.1

File systems, 6-197; 6-5197

Index systems, 6-197; 6-5197

Reporting

All accounts, on, 6-197; 6-5197

In response to inquiry or routinely to consumer reporting agencies, 6-050; 6-5050

Credit limits, termination of account based on, 6-156

Creditors

Assignees, 6-164; 6-5164

Definition, 6-008; 6-098; 6-5008

Good faith compliance protection for, 6-154; 6-5154

Multiple, notification of adverse action, 6-049; 6-5049

Referrals to, 6-164; 6-5164

Requirements imposed upon, credit-granting process, 6-112

Special-purpose credit programs, liability, 6-195.5; 6-5195.5

Credit programs, 6-094

See also Special-purpose credit, this heading.

Credit references, types; evaluation of applications, 6-186; 6-5186

Credit scoring systems

Age, consideration of in—See Age, this heading.

Effects test, 6-165; 6-5165

Empirically derived, statistically sound, 6-124; 6-125

Definition, 6-010; 6-011

Revalidation, periodic, 6-165; 6-5165

Hybrid (combined), 6-125; 6-183; 6-5183

Judgmental, 6-124; 6-126

Definition, 6-013; 6-5013

Pertinent elements of creditworthiness, 6-014; 6-5014

Pooled data, 6-165; 6-5165

Credit transaction, definition, 6-008

Creditworthiness

Age as predictive factor of—See Age, at Credit scoring systems, this heading.

Credit history, determination from, 6-030; 6-5030

Pertinent elements, definition, 6-014

Property law, state; use in determining, 6-032; 6-5032

Damages, legal action for prohibited credit discrimination—See Noncompliance, this heading.

Dealer, application submitted through; notifications, 6-049; 6-144; 6-5049

Default, adverse action, 6-157

Delinquent account, termination of not adverse action, 6-157

Dependents, requests for information concerning, 6-117

Designation of accounts, 6-050; 6-5050

Diligence requirement, completed application, 6-162

Disclosures—See Notifications.

Discouraging applications prohibited, 6-020; 6-113; 6-176; 6-5020; 6-5176

Discrimination

Definition, 6-009

Exceptions, 6-093

Policy statements, 6-153.1; 6-153.11 et seq.

Prohibition, 6-092 et seq.; 6-175; 6-5175

Due-on-sale clause, exercise of; default, adverse action, 6-157

Dwelling

Appraisal report, providing to applicant for loan secured by dwelling, 6-061; 6-5061

Sample disclosure of right to receive, 6-079.3; 6-199.2; 6-5079.3; 6-5199.2

Definition, 6-059; 6-062; 6-5059

Requests for information, loans related to dwelling—See Monitoring purposes, information for, this heading.

Economically disadvantaged persons, programs, 6-149

Disqualification of applicants, 6-039; 6-5039

Effects test, evaluation of applications, 6-165; 6-180; 6-5165; 6-5180

Electronic communication

Applications, monitoring information, 6-197.61; 6-5197.61

Disclosures, 6-020; 6-176.2; 6-5020; 6-5176.2

Empirically derived credit scoring systems—See Credit scoring systems, this heading.

Error, inadvertent

Definition, 6-012

Failure to comply, 6-065.54; 6-5065.54

Ethnicity, requests for information, 6-059; 6-060; 6-5059; 6-5060

Evaluation of applications, 6-027 et seq.; 6-119 et seq.; 6-180 et seq.; 6-5027 et seq.; 6-5180 et seq.

Age—See Age, this heading.

Childbearing, statistical probability, 6-029; 6-117; 6-5029

Credit references, types of, 6-186; 6-5186

Effects test, 6-165; 6-180; 6-5165; 6-5180

Immigration status, 6-123.1; 6-187; 6-5187

Income, 6-178; 6-185; 6-5178; 6-5185

Individual applicants, 6-184; 6-5184

Marital status, 6-031; 6-5031

National origin, 6-031; 6-187; 6-5031; 6-5187

Part-time employment income—See Part-time employment, this heading.

Payments consistently made, 6-184; 6-5184

Public assistance, consideration in, 6-183; 6-5183

Race, 6-031; 6-5031

Sex, 6-031; 6-5031

Special-purpose credit, 6-181; 6-5181

Telephone listing, 6-029; 6-5029

Exceptions for certain classes of transactions, 6-015 et seq.; 6-169 et seq.; 6-5015 et seq.; 6-5169 et seq.

Government credit, 6-015; 6-174; 6-5015; 6-5174

Incidental credit, 6-017; 6-171; 6-5017; 6-5171

Public-utilities credit, 6-015; 6-170; 6-5015; 6-5170

Securities credit, 6-016; 6-5016

Security deposits, public-utilities credit, 6-170; 6-5170

State-regulated transactions, 6-055; 6-5055

Telephone companies, 6-170; 6-5170

Extension of credit, 6-033 et seq.; 6-040 et seq.; 6-188 et seq.; 6-5033 et seq.; 6-5040 et seq.; 6-5188 et seq.

Definition, 6-012

Individual accounts, prohibited grounds for refusal, 6-033; 6-5033

Open-end—See Open-end credit, this heading.

Federal courts, jurisdiction

Costs and damages, awarding, 6-107

Noncompliance, over, 6-065.52; 6-5065.52

FHLMC/FNMA application form, 6-199

File systems, furnishing credit information, 6-197; 6-5197

Finance-charge penalty on individual accounts prohibited for married applicants, 6-054; 6-104; 6-5054

Financial need, special-purpose credit programs; information requests, 6-042; 6-195.8; 6-5042; 6-5195.8

Foreign applicability, 6-155; 6-5155

Forms

Application—See Applications, this heading.

Notification, sample, 6-073 et seq.; 6-199.2; 6-5073 et seq.; 6-5199.2

Good faith compliance, protection for creditor, 6-154; 6-5154

Governmental credit

Definition, 6-018; 6-5018

Exception for, 6-015; 6-174; 6-5015; 6-5174

Guarantees, signatures of spouses or other persons, 6-195.3; 6-5195.3

Home-improvement loan application, FHLMC/FNMA form, 6-199

Immigration status

Evaluation of applications, 6-123.1; 6-187; 6-5187

Requests for information, 6-026; 6-117.1; 6-5026

Inadvertent errors

Definition, 6-012; 6-144

Failure to comply, 6-065.54; 6-144; 6-198.8; 6-5065.54; 6-5198.8

Record retention, not a violation, 6-058; 6-148; 6-5058

Incidental credit transactions, exceptions for, 6-017; 6-171; 6-5017; 6-5171

Income

Evaluation of applications, 6-029; 6-120; 6-121; 6-178; 6-185; 6-5029; 6-5178; 6-5185

Requests for information, 6-024; 6-093; 6-178; 6-5024; 6-5178

Index systems, furnishing credit information, 6-197; 6-5197

Individual accounts

Prohibited grounds for refusal of credit extension, 6-033 et seq.; 6-5033 et seq.

Spouses, application for separate credit extension, 6-127

Individual applicants, consideration in evaluation of applications, 6-184; 6-5184

Information

Credit, furnishing—See Credit information, furnishing, this heading.

Evaluating applications, use of in—See Evaluation of applications, this heading.

Monitoring purposes, for—See Monitoring purposes, information for, this heading.

Record retention—See Record retention, this heading.

Requests for—See Requests for information, this heading.

Updating, existing open-end accounts, 6-190; 6-5190

Inquiries

Applications, as, 6-161; 6-162; 6-5161; 6-5162

Reporting in response to, 6-050; 6-5050

Insurance

Age, unavailability because of, 6-038; 6-140; 6-5038

Differences in availability, cost, and terms, 6-140; 6-195.4; 6-5195.4

Information, obtaining, 6-195.4; 6-5195.4

Integrated instruments, spouse's signature required, 6-137; 6-195.1; 6-5195.1

Investigations, record retention, 6-058; 6-5058

Joint applicants

Cosigners not considered, 6-193; 6-5193

Evidence of intent to become, 6-193; 6-5193

Signatures required on credit application, 6-035; 6-130; 6-131; 6-5035

Jointly owned property, signatures of spouses or others, 6-035; 6-135; 6-194; 6-5035; 6-5194

Judgmental credit scoring systems—See Credit scoring systems, this heading.

Jurisdiction, courts awarding costs and damages, 6-107

Language of disclosures, 6-020; 6-5020

Liability, 6-198.8; 6-5198.8

Civil, 6-106 et seq.

Creditors, of; special-purpose credit programs, 6-195.5; 6-5195.5

Noncompliance, relief, 6-004

Liens, enforceable; creation of; signatures of spouses or others, 6-195.1; 6-5195.1

Loan-ceiling penalty on individual accounts of married applicants, 6-054; 6-104; 6-5054

Local laws about requests for information, 6-177.4; 6-5177.4

Marital status

Change in

Not grounds for revising credit terms, 6-033; 6-129; 6-5033

Termination of open-end account coincidental with, 6-190; 6-5190

Evaluation of applications, 6-031; 6-092; 6-187.1; 6-5031; 6-5187.1

Individual accounts, prohibited basis for refusal of credit extension, 6-033; 6-127; 6-5033

Requests for information, 6-024; 6-038; 6-093; 6-115; 6-5024; 6-5038

Indirect disclosure of status through credit-related information, 6-177; 6-5177

Married persons—See also Spouses, this heading.

Finance-charge penalty on individual accounts prohibited, 6-054; 6-104; 6-5054

Loan-ceiling penalty on individual accounts prohibited, 6-054; 6-104; 6-5054

Separate credit applications, 6-104

Monitoring purposes, information for, 6-059; 6-060; 6-150; 6-197.5 et seq.; 6-5059; 6-5060; 6-5197.5 et seq.

Disclosure to applicants, 6-060; 6-5060

Procedures for providing, 6-197.7; 6-5197.7

Electronic applications, 6-197.61; 6-5197.61

Forms for collecting data, obtaining of information, 6-197.6; 6-5197.6

Inadvertent notation, obtaining of information, 6-197.61; 6-5197.61

Loan-shopping services, applications through; obtaining of information, 6-197.61; 6-5197.61

Mail applications, obtaining of information, 6-197.6; 6-5197.6

Natural person, information to be requested, 6-197.5; 6-5197.5

Principal residence, information to be requested, 6-197.5; 6-5197.5

Refinancings, information to be requested, 6-197.5; 6-5197.5

Substitute monitoring program, 6-197.75; 6-5197.75

Telephone applications, obtaining of information, 6-197.6; 6-5197.6

Temporary financing, information to be requested, 6-197.5; 6-5197.5

Transactions not covered, 6-197.5; 6-5197.5

Video applications, 6-197.61; 6-5197.61

Written applications, obtaining of information, 6-020; 6-197.6; 6-5020; 6-5197.6

Mortgage loans

Open-end credit, not considered, 6-166; 6-5166

Residential real estate

Application form, 6-072

Appraisal report, copy to applicant on request, 6-096.1

Buyer applying to assume loan, as applicant, 6-160; 6-5160

FHLMC/FNMA form, 6-199

Requests for information, exception for monitoring purposes—See Monitoring purposes, information for, this heading.

Multiple applicants, notification, 6-049; 6-143; 6-5049

Appraisal reports, loan secured by dwelling, 6-197.8; 6-5197.8

Multiple creditors, application submitted to; notification, 6-049; 6-144; 6-5049

Names

Consistent use of one name on account may be required, 6-128

Designation, 6-033; 6-128; 6-5033

Single name on account, 6-189; 6-5189

National origin

Discrimination prohibited, 6-092

Evaluation of applications, 6-031; 6-187; 6-5031; 6-5187

Prohibited basis, definition, 6-167; 6-5167

Requests for information concerning, 6-022; 6-117.1; 6-5022

Negative factor, definition, 6-013; 6-5013

New York law, preemption of provisions of state statute, 6-197.15; 6-5197.15

Noncompliance, penalties and liabilities, 6-065.51 et seq.; 6-105; 6-106; 6-5065.51 et seq.

Not-for-profit organizations, credit assistance programs; disqualification of applicants, 6-039; 6-094; 6-5039

Notifications, 6-043 et seq.; 6-141 et seq.; 6-195.9 et seq.; 6-5043 et seq.; 6-5195.9 et seq.

Additional information, oral requests for, 6-196.8; 6-5196.8

Adverse action, 6-044; 6-049; 6-095; 6-096; 6-142; 6-195.9; 6-5044; 6-5049; 6-5195.9

Denial, termination, or change; statement of, 6-142

Forms, sample, 6-075 et seq.; 6-5075 et seq.

Reasons, statement of, 6-046; 6-095; 6-142; 6-196 et seq.; 6-5046; 6-5196 et seq.

Approval, 6-196; 6-5196

Approved application, withdrawal, 6-048; 6-5048

Business credit, 6-044.1; 6-044.2; 6-142.1 et seq.; 6-196.15; 6-196.16; 6-5044.1; 6-5044.2; 6-5196.15; 6-5196.16

Change in terms, 6-142

Form, sample, 6-074; 6-5074

Clear-and-conspicuous standard, 6-176.2; 6-5176.2

Combined ECOA-FCRA disclosures, 6-196.6; 6-5196.6

Consumer credit, 6-142

Counteroffers, 6-196.1; 6-5196.1

Form, sample, 6-077; 6-5077

Denial, 6-142

Automatic denial, ECOA notice, 6-196.5; 6-5196.5

Forms, sample, 6-074 et seq.; 6-5074 et seq.

ECOA-FCRA disclosures, combined, 6-196.6; 6-5196.6

ECOA notice, 6-045; 6-196 et seq.; 6-5045; 6-5196 et seq.

Form and statement of specific reasons, 6-196.2 et seq.; 6-5196.2 et seq.

Electronic, 6-020; 6-176.2; 6-5020; 6-5176.2

Enforcement agency, third-party notice, 6-196.9; 6-5196.9

Form of, 6-020; 6-5020

Forms, sample, 6-073 et seq.; 6-199.2; 6-5073 et seq.; 6-5199.2

Incomplete applications, 6-047; 6-5047

Denial for reasons other than incompleteness, 6-196; 6-5196

Oral requests for additional information, 6-196.8; 6-5196.8

Reapplication, 6-196.7; 6-5196.7

Sample form, 6-079; 6-5079

Language of, 6-020; 6-5020

Location, 6-195.9; 6-5195.9

Multiple applicants or creditors, 6-049; 6-143; 6-144; 6-5049

Oral notification by small-volume creditors, 6-048; 6-096; 6-5048

Reasons for adverse action, statement of, 6-046; 6-095; 6-142; 6-196 et seq.; 6-5046; 6-5196 et seq.

Disclosure of right to request, 6-078; 6-142; 6-5078

Form, sample, 6-075; 6-5075

Records preserved for 25 months, 6-057; 6-5057

Small-volume creditors, 6-048; 6-096; 6-5048

Substantially similar ECOA notice, 6-196.2; 6-5196.2

Telephone application, denial, 6-196.1; 6-5196.1

Termination of credit, 6-142

Form, sample, 6-074; 6-5074

Third party, applications submitted through, 6-049; 6-096; 6-196.9; 6-5049; 6-5196.9

Timing of notice, when application is complete, 6-196; 6-5196

Withdrawal of approved application, 6-048; 6-5048

Withdrawn applications, expressly, 6-195.9; 6-5195.9

Occupation of applicant, consideration, 6-182; 6-5182

Ohio law, preemption of provisions of state statute, 6-197.15; 6-5197.15

Open-end credit

Application form, 6-068; 6-5068

Authorized users, 6-188; 6-5188

Definition, 6-013; 6-5013

Existing accounts, 6-034; 6-190; 6-191; 6-5034; 6-5190; 6-5191

Real estate mortgages not included, 6-166; 6-5166

Reapplication procedures, 6-191; 6-5191

Termination when customer moves from service area, 6-156; 6-5156

Updating information, 6-190; 6-5190

Overdrafts

Protection plans, 3-1579.43

Transaction accounts, on; authority, 6-188; 6-5188

Part-time employment, consideration of, 6-029; 6-121; 6-184; 6-185; 6-5029; 6-5184; 6-5185

Payments consistently made, evaluation of applications, 6-184; 6-5184

Penalties for noncompliance—See Noncompliance, this heading.

Pension income not to be discounted for applicant, 6-121

Persons associated with applicant, prohibited basis, 6-167; 6-5167

Pertinent element of creditworthiness, definition, 6-014; 6-5014

Point-of-sale transactions, adverse actions, 6-158; 6-5158

Preapprovals, notice of incompleteness; exemption, 6-196.7; 6-5196.7

Prequalification and preapproval

Application, when a prequalification request becomes, 6-161; 6-162.3; 6-5161; 6-5162.3

Notification requirements, 6-195.9; 6-5195.9

Prescreening

Consumer reporting agency lists, through use of, 6-1649 et seq.

Record retention, 6-058.1; 6-197.46; 6-5058.1; 6-5197.46

Tactics to discourage potential applicants prohibited, 6-113

Prohibited basis, definition, 6-013; 6-5013

National origin, 6-167; 6-5167

Persons associated with applicant, 6-167; 6-5167

Public assistance program, 6-168; 6-5168

Property, jointly owned; signatures of spouses or others for extensions of credit, 6-194; 6-5194

Property law, state

Creditworthiness, use in determining, 6-032; 6-5032

Spouses' signatures on credit application, may be required by, 6-035; 6-037; 6-5035; 6-5037

Public assistance programs

Discrimination against participant prohibited, 6-092

Evaluation of applications, consideration in, 6-183; 6-5183

Income from, not to be considered for applicant, 6-028; 6-121; 6-5028

Prohibited basis, definition, 6-168; 6-5168

Public-utilities credit, 6-015; 6-170; 6-5015; 6-5170

Security deposits, 6-170; 6-5170

Telephone companies, 6-170; 6-5170

Qualified applicants, signatures of spouses or other persons; extensions of credit, 6-192; 6-5192

Race

Discrimination prohibited, 6-092

Evaluation of applications, 6-031; 6-5031

Requests for information, 6-022; 6-5022

Enforcement purposes, exception for, 6-059; 6-060; 6-5059; 6-5060

Real estate mortgages—See Mortgage loans, this heading.

Reapplication, procedure pending; actions concerning existing open-end accounts, extensions of credit, 6-191; 6-5191

Record retention, 6-056 et seq.; 6-148; 6-197.2 et seq.; 6-5197.2 et seq.

Applications, withdrawn and brokered, 6-197.4; 6-5197.4

Brokered applications, 6-197.4; 6-5197.4

Computerized decisions, preservation, 6-197.3; 6-5197.3

Copies of records, preservation, 6-197.3; 6-5197.3

Inadvertent error, not a violation, 6-148

Prohibited information, receipt, 6-197.2; 6-5197.2

Use of retained information, 6-197.2; 6-5197.2

Violation, 6-056; 6-058; 6-5056; 6-5058

Withdrawn applications, 6-197.4; 6-5197.4

References, credit; types of; evaluation of applications, 6-186; 6-5186

Referrals to creditors, 6-164; 6-5164

Regulation B—See Regulation B.

Relief for victims of discrimination granted by federal courts, 6-107

Religion, 6-092

Evaluation of applications, 6-031; 6-5031

Requests for information, 6-022; 6-5022

Remedies for violation of discrimination prohibitions, 6-105

Renewals of credit, signatures of spouses or other persons, 6-195.2; 6-5195.2

Repayment probability table, 6-125

Reporting information

Consumer reporting agencies, routine reports to, 6-050; 6-5050

Inquiry, in response to, 6-050; 6-5050

Requests for information, 6-021 et seq.; 6-040 et seq.; 6-093; 6-113 et seq.; 6-177; 6-177.4; 6-5021 et seq.; 6-5040 et seq.; 6-5177; 6-5177.4

See also specific type of information, this heading.

Local laws, 6-177.4; 6-5177.4

Prohibited subjects, 6-024; 6-113 et seq.; 6-5024

Special-purpose credit programs, 6-195.7; 6-5195.7

Voluntary provision of information, disclosure form, 6-079.4; 6-5079.4

Residency

Evaluation of applications, 6-031; 6-5031

Community property state, assumption that applicant resides in, 6-195; 6-5195

Length of residency, 6-126

Residential real estate mortgage loan—See Mortgage loans, this heading.

Retirement

Attainment not grounds for revising credit terms, 6-034; 6-5034

Benefits not to be considered, 6-029; 6-121; 6-5029

Time anticipated until, consideration, 6-126; 6-182; 6-5182

Scoring system, credit—See Credit scoring systems, this heading.

Securities credit, exceptions, 6-016; 6-5016

Security deposits for public-utilities credit, limited exceptions for certain classes of transactions, 6-170; 6-5170

Self-testing and self-correction for compliance, 6-065 et seq.; 6-103.1; 6-103.2; 6-197.85 et seq.; 6-5065 et seq.; 6-5197.85 et seq.

Definition of ``self-test,'' 6-065.1; 6-5065.1

Records about self-tests, preservation of, 6-058.1; 6-197.45; 6-5058.1; 6-5197.45

Separate maintenance, requests for information, 6-024; 6-042; 6-114; 6-5024; 6-5042

Sex

Discrimination prohibited, 6-092

Individual accounts, prohibited basis for refusal of credit extension, 6-033; 6-5033

Requests for information, 6-022; 6-031; 6-038; 6-5022; 6-5031; 6-5038

Signature requirements, 6-035 et seq.; 6-130 et seq.; 6-192 et seq.; 6-5035 et seq.; 6-5192 et seq.

Business credit, 6-139

Community property state, 6-036; 6-136; 6-195.2; 6-5036; 6-5195.2

Guarantees, 6-195.3; 6-5195.3

Integrated instruments, 6-195.1; 6-5195.1

Joint applicants, 6-193; 6-5193

Jointly owned property, 6-035; 6-135; 6-194; 6-5035; 6-5194

Liens, enforceable; creation of, 6-195.1; 6-5195.1

Need for, reasonable belief, 6-194; 6-195.1; 6-5194; 6-5195.1

Qualifications of cosigners, 6-195.2; 6-5195.2

Qualified applicants, 6-192; 6-5192

Renewals, 6-195.2; 6-5195.2

Residency, 6-195; 6-5195

Secured credit, exception, 6-134

State law, 6-104

Unqualified applicants, 6-132; 6-192; 6-5192

Unsecured credit, exception, 6-036; 6-135; 6-136; 6-5036

Small business lending, data collection, 6-5065.55 et seq.

Small-volume creditors, oral notifications, 6-048; 6-096; 6-5048

Social Security income, consideration of, 6-121; 6-168; 6-183; 6-5168; 6-5183

Special-purpose credit, 6-039 et seq.; 6-149; 6-195.5 et seq.; 6-5039 et seq.; 6-5195.5 et seq.

Compliance with programs authorized by federal or state laws, 6-195.5; 6-5195.5

Creditor liability, 6-195.5; 6-5195.5

Discrimination prohibitions, 6-040 et seq.; 6-5040 et seq.

Exceptions, 6-094

Evaluation of applications, prohibited basis, 6-181; 6-5181

Expressly authorized programs, 6-195.5; 6-5195.5

Financial need, 6-042; 6-195.8; 6-5042; 6-5195.8

Liability of creditors, 6-195.5; 6-5195.5

Qualified programs, determining, 6-195.5; 6-5195.5

Requests for information, 6-021; 6-041; 6-195.7; 6-5021; 6-5041; 6-5195.7

Standards for programs, 6-195.5; 6-5195.5

Student loans, financial need, 6-195.8; 6-5195.8

Spouses

Credit history, consideration for applicant, 6-123

Individual account, 6-127

Requests for information concerning, 6-023; 6-114; 6-5023

Signatures—See Signature requirements, this heading.

Wives' credit histories discrete from husbands', 6-145

State law, 6-052 et seq.; 6-104; 6-105; 6-151; 6-5052 et seq.

Inconsistent laws, 6-052; 6-151; 6-197.15; 6-5052; 6-5197.15

Federal Reserve Board determination, 6-053; 6-105; 6-151; 6-5053; 8-109.1

Preempted provisions, 6-053; 6-152; 6-5053

Local law, includes, 6-177.4; 6-5177.4

Married applicants not to be penalized on individual accounts, 6-054; 6-5054

Property laws affecting creditworthiness, consideration of, 6-032; 6-5032

Signatures of other parties to secure collateral, 6-035; 6-037; 6-5035; 6-5037

Special-purpose credit programs authorized by, compliance with, 6-195.5; 6-5195.5

State-regulated transactions, exemption, 6-055; 6-5055

Statutory limitation, 6-108

Noncompliance, 6-065.52; 6-5065.52

Student loans, financial need; special-purpose credit programs, 6-195.8; 6-5195.8

Supplemental Security Income, consideration of, 6-168; 6-185; 6-5168; 6-5185

Tables

Credit scoring, 6-125

Repayment probability, 6-125

Telephone

Application by, 6-176.1; 6-197.6; 6-5176.1; 6-5197.6

Denial, notification, 6-196.1; 6-5196.1

Companies, exceptions for transactions of, 6-170; 6-5170

Listing in applicant's name, consideration, 6-029; 6-5029

Temporary Aid to Needy Families, consideration of income from, 6-121; 6-168; 6-183; 6-5168; 6-5183

Third party, applications submitted through; notification, 6-049; 6-5049

Trade credit, notification of action taken, 6-142.4; 6-196.15; 6-5196.15

Transaction accounts, overdraft authority on, 6-188; 6-5188

Unemployment compensation, income from not to be considered, 6-121

Unqualified applicants, signatures of spouses or other persons; extensions of credit, 6-192; 6-5192

Unsecured credit, signature requirement for married applicant requesting individual account, 6-036; 6-135; 6-136; 6-5036

Utilities—See Public-utilities credit, this heading.

Wives' credit histories discrete from husbands', 6-145

Equal Credit Opportunity Act, 6-091 et seq.

Administration of, authority to issue forms and other print matter, 8-109

Civil liability provisions, no exemption from, 6-056; 6-5056

Enforcement, 6-065.5; 6-066; 6-101 et seq.; 6-197.8; 6-5065.5; 6-5197.8

No exemption from, 6-056; 6-5056

Policy statements, 6-153.1; 6-153.11 et seq.

Proceedings, records retention, 6-058; 6-5058

Regulations, 6-099

Federal laws not altered by, 6-054; 6-5054

Notices to applicants, 6-045; 6-5045

Reports to Congress, annual, 6-110

State laws not altered by, 6-054; 6-5054

Violations, 6-102

Penalties and liabilities, 6-091 et seq.; 6-106 et seq.; 6-152

Equal employment opportunity (Federal Reserve Board), 8-440 et seq.

Accessibility—See Disabilities, physical or mental, this heading.

Age, discrimination on account of, 8-466

Alcoholism, physical or mental impairment, 8-524

Aliens—See Noncitizens, this heading.

Appeals, 8-491 et seq.

Decision, 8-496

Clarification of, 8-506

Compliance by Board with, 8-505

Enforcement of, 8-506

Reconsideration of, 8-505

Request procedures, 8-493 et seq.

Time limits, 8-492

Attorney's fees, 8-503; 8-504

Auxiliary aids, definition, 8-523

Back pay, 8-501 et seq.

Class complaints of discrimination, 8-476 et seq.

Acceptance, 8-478

Notification to class members, 8-479

Agent of class, definition, 8-476

Class, definition, 8-476

Class complaint, definition, 8-476

Definition, 8-476

Dismissal, 8-478 et seq.

Evidence, obtaining, 8-480

Filing, 8-477

Final action of Board, 8-483

Compliance with, 8-508 et seq.

Notification to class members, 8-484

Relief for individual class members, 8-485

Hearing, 8-482

Judicial decision on the complaint, 8-482

Judicial review, right to file civil action for, 8-497; 8-498

Notice of, 8-499

Precomplaint processing, 8-477

Presentation, 8-477

Resolution, opportunities for, 8-481

Communications, steps taken to facilitate, 8-535; 8-536

Complaints of discrimination, 8-446

Action of Board, final, 8-465

Civil action, right to file

Age discrimination, 8-466; 8-497

Disability, discrimination based on, 8-497

Effect of, 8-499

Enforcement of decision, for, 8-507

Equal Pay Act, 8-498

Notice of, 8-465; 8-478; 8-485; 8-496

Class complaints—See Class complaints of discrimination, this heading.

Complete, definition, 8-523

Consolidation of complaints, 8-521

Decision of Board, 8-546

Appeals—See Appeals, this heading.

Class complaints—See Class complaints of discrimination, this heading.

Compliance with, 8-547

Review of, request by complainant for, 8-454

Dismissal, 8-453 et seq.

Notification to complainant, 8-454

Partial dismissal, 8-454

Review of, request by complainant for, 8-452; 8-454

Equal Employment Opportunity Commission, reports to, 8-516

File, complaint, 8-338

Filing of complaints, 8-451

Hearings, 8-459 et seq.

Individual complaints, 8-451

Acknowledgment by EEO programs director, 8-452

Investigation, 8-455 et seq.

Joint processing, 8-521

Negotiated grievance procedure, 8-489

Precomplaint processing, 8-447 et seq.

Remedial actions, 8-500 et seq.

Representation, 8-519; 8-520

Resolution

Alternative Board procedures, 8-444

Informal, 8-447 et seq.

Complete complaint, definition, 8-523

Compliance procedures, 8-537 et seq.

Appeals, filing and acceptance, 8-542

Applicability, 8-537

Conciliation, 8-540

Decision, 8-546; 8-547

Employment complaints, 8-537 et seq.

Filing complaints, 8-538

Hearings, 8-543 et seq.

Investigation, 8-540

Letter of findings, 8-541

Responsible official, 8-537

Delegation of Board authority, 8-521

Disabilities, physical or mental, 8-468; 8-522 et seq.

Accessibility to programs and activities, 8-531 et seq.

Alterations, 8-534

Communications about, 8-535; 8-536

Existing facilities, 8-532

New construction, 8-534

Auxiliary aids, definition, 8-523

Compliance procedures, 8-537 et seq.

Definition, individual with, 8-524

See also Impairment, this heading.

Qualified, 8-525

Employment, nondiscrimination policy, 8-468

Facility, definition, 8-523

Drug addiction, physical or mental impairment, 8-524

Equal Employment Opportunity Commission, appeals to—See Appeals, this heading.

Equal employment opportunity programs director, responsibilities, 8-445

Equal pay, 8-467; 8-498

Facility, definition, 8-523

Impairment, physical or mental; definition, 8-524

Record of or regarded as having, definition, 8-524

Major life activities, definition, 8-524

Mental impairment—See Impairment, this heading.

Negotiated grievance procedure, 8-489

Pay, equal, 8-467; 8-498

Physical or mental impairment—See Impairment, this heading.

Policy, 8-442

Background and summary, 8-549 et seq.

Program accessibility—See Disabilities, physical or mental, this heading.

Programs and activities, access for disabled, 8-522 et seq.

Program to promote equal opportunity, 8-443 et seq.

Remedial actions, 8-500 et seq.

Attorney's fees, 8-503; 8-504

Back pay, 8-501 et seq.

Civil action, 8-497 et seq.

Employment, offer of, 8-501

Interim relief, 8-511; 8-512

Settlement agreements, 8-517

Compliance with, 8-508 et seq.

Sex-based wage discrimination—See Equal pay, this heading.

Statistical information, collection of by Board, 8-513 et seq.

Equal employment opportunity (financial institutions)

Policy statement, 3-1527

Equal housing—See Fair housing.

Equity funding—See Insurance premium funding programs.

Equity securities—See also Stock.

Bank holding companies—See Bank holding companies.

Convertible into margin stock, security for loan, 5-942.64

Definition, 5-007

Hedging, purchase of securities to hedge bank-permissible equity derivative transactions, 3-416.14

Housing projects, investment in

Bank holding companies—See Bank holding companies, at Community development.

Insured state banks, 1-399.11

Insured state banks, equity investments, 1-399.1 et seq.

Common and preferred stock, 1-399.15 et seq.

Housing projects, exception, 1-399.11

International banking

Underwriting, distributing, and dealing in connection with, 3-543

Approval authority, 8-108.6

Nonvoting equity investments, bank holding companies; acquisition of bank interests, 4-172.1; 4-270.4 et seq.; 4-270.8; 4-271; 4-462

Ownership statement, 5-104

Persons acquiring more than 5 percent

Determination of percentage owned, 5-105

Report requirements, 5-093 et seq.

List of covered securities provided by Securities and Exchange Commission, 5-101

Statement of ownership, 5-104

Public disclosure of information, delay or prevention of, 5-101

Statement of ownership, 5-104

Unregistered, tender offer illegal, 5-110

Escrow accounts

Bank holding companies, arrangements as to acquisition of bank interests by, 4-172

Deposit insurance requirements, defined as deposit for, 1-335.4

Earnest money deposits, determination as personal or nonpersonal, 2-304.8

Insurance premiums, funds held for; reserve requirements, 2-343.1

Landlord security deposits, determination as personal or nonpersonal, 2-304.8

Money market deposit account, deposit of escrow funds in, 2-342.14

Mortgage loans, federally related, 6-1360 et seq.

See also Real estate settlement procedures.

Nonpersonal, determination, 2-304.7; 2-304.8

Options transactions—See Options.

Personal time deposits, as

Determination, 2-304.7; 2-304.8

Tenant security deposits, 2-303.7

Real estate settlement procedures—See Real estate settlement procedures.

Taxes, funds held for; reserve requirements, 2-343.1

Tenant security deposits as personal time deposits, 2-303.7

Time deposits, as to, 2-304.5 et seq.

Classification on reports, 2-304.5

Truth in lending

Closed-end credit disclosures; required deposits, 6-1176.9; 6-6176.9

Finance charges, payments excluded from, 6-647; 6-5647

Estates

Bankrupt, deposits by trustee for, 1-320

Beneficiaries of

Natural persons, determination as, 2-303.9 et seq.

Time deposits, personal or nonpersonal depending on, 2-303.1

Member banks, executive officers of; loans to as trustees of estate as prohibited transactions, 3-1048

Time deposits, personal or nonpersonal depending on beneficiaries, 2-303.1

Trustees of, loans to executive officers of member banks; prohibited transactions, 3-1048

Ethics

Banks and bank holding companies—See Bribery.

Conflict of interest—See Conflict of interest.

Federal Reserve Board employees—See Employee responsibilities and conduct.

Eurocurrency liabilities

Agreement corporations, of, 2-148

Balances due

Federal Reserve Bank, from; not to be deducted from total assets for capital equivalency deduction calculation, 2-309.1

Foreign offices of other depository institutions, to; treatment, 2-308.6

Borrowings

Direct, from foreign corporations; not considered, 2-308.9

Non–United States offices, from, 2-309.3

Capital account of United States branch of foreign bank, placement of funds in; no exemption, 2-308.7

Commercial paper issued in United States by foreign bank, exemption for proceeds borrowed from head office, 2-309

Definition, 2-148

De minimis exception, $1,000,000 per branch and $100,000 per borrower; interrelationship, 2-308.8

Depository institution, foreign branch credit for United States citizens, 2-150

Edge corporations, of, 2-148

Foreign banks

Capital-equivalency deduction calculation

Balances due from Federal Reserve Bank not to be deducted from total assets, 2-309.1

Unearned income to be calculated as convenient by foreign bank, 2-309.2

Commercial paper issued in United States, exemption for proceeds borrowed from head office, 2-309

Demand accounts of branches, netting prohibited, 2-309.4

Funds, placement in capital account of United States branch; no exemption, 2-308.7

Overseas transactions, 2-148

Unearned income to be calculated as convenient for capital equivalency deduction calculation, 2-309.2

United States branches or agencies, balances and assets, 2-150

Foreign companies, U.S. companies providing to, 2-333

Foreign corporations, direct borrowings from not considered, 2-308.9

Foreign offices of other depository institutions, balances due to; treatment, 2-308.6

Netting of demand accounts with branches of foreign bank prohibited, 2-309.4

Non–United States offices, borrowings from, 2-309.3

Reserve requirements, 2-207; 2-306.4; 2-308.6 et seq.

Computation and maintenance, 2-159; 2-163

Definition as to, 2-148 et seq.

Unearned income to be calculated as convenient by foreign bank for capital equivalency deduction calculation, 2-309.2

U.S. companies providing to foreign companies, 2-333

European Bank for Reconstruction and Development

Obligations of

Investments for national banks, permissible, 1-297

Lending limits, exemption; international operations of U.S. banking organizations, 3-552

Examinations

Bank holding companies—See Bank holding companies, at Examinations and inspections by Federal Reserve.

Banks—See Bank examination.

Depository institutions—See Bank examination.

Edge corporations, of, 3-555

Federal Reserve Banks, by Federal Reserve Board, 1-092; 1-185; 2-239

Federal Reserve note plates and dies, 1-150

Foreign branches of state member banks, on-site examinations, 3-720

Executive stock purchase plans—See Employee stock option and ownership plans.

Exempted securities

Agency for International Development loan guaranty, housing in Israel for Soviet refugees, 5-628.21

Archives, National; certificates of participation in installment payments, 5-628.19

Bonds

College Construction Loan Insurance Association, insured by, 5-628.23

Government Development Bank of Puerto Rico, 5-628.12

Retirement, 5-625

State-issued, dormitory, 5-623

Cash account, purchase or sale of in, 5-628.11; 5-628.17

Church plan, issued by or interest or participation in, 5-008

Collective fund, issued by or interest or participation in, 5-008

College Construction Loan Insurance Association, securities of, 5-628.23

Confirmations of originator's fees, custodial receipts representing interest in U.S.-guaranteed obligations, 5-628.24

Definition

Securities Act of 1933, 5-258; 5-259

Securities Exchange Act of 1934, 5-008

Federal Home Loan Mortgage Corporation securities, 5-628.22

Federal National Mortgage Association securities, 5-622

Loan value, good faith, 5-624

Foreign military sales credit program, 5-628.16; 5-628.18

Government Development Bank of Puerto Rico bonds, 5-628.12

Government obligations; confirmations of originator's fees, 5-628.24

Treasury bills, 5-650.6

Government securities, 5-628.14

See also Securities.

AID loan guaranty, housing program for Israel, 5-628.21

Government National Mortgage Association securities, exemption for credit by brokers and dealers, 5-628

Options on, margin requirements, 5-666.21

Government trust certificates—See Foreign military sales credit program, this heading.

International Bank for Reconstruction and Development securities, 1-297; 1-491; 5-476

Judiciary office building, certificates of participation to finance, 5-628.2

Loan value, 5-486.5

Margin requirement of 50 percent for exempted securities loans by brokers and dealers, 5-650.6

Military sales credit—See Foreign military sales credit program, this heading.

Municipal securities, 5-628.25

Mutual fund, exempted; definition, 5-395

Mutual fund shares

Margin requirement for loans extended by brokers and dealers, 5-650.6

National Archives—See Archives, National, this heading.

Pooled income fund, issued by or interest or participation in, 5-008

Securities Act of 1933, exemptions from, 5-258; 5-259

State agency or instrumentality, dormitory bonds issued by not construed as, 5-623

Student Loan Marketing Association securities, 5-628.15

Withdrawal from margin account on same day as other transaction, 5-516

World Bank securities—See International Bank for Reconstruction and Development securities, this heading.

Expedited Funds Availability Act, 9-675 et seq.

See also Availability of funds; Check collection; Regulation CC.

Enforcement, 9-722 et seq.

FedNow transfers, 9-829.4; 9-884

Fedwire transfers, 9-811; 9-851

Liability, 9-726 et seq.

Regulations implementing, 9-718 et seq.

Export-Import Bank

National Advisory Council on International Monetary and Financial Problems, representation on, 1-477; 1-478

Obligations

Advances, collateral for, 2-040

Guarantees for export accounts receivable and inventory, 3-670.2

Lending limits, exemption for obligations guaranteed by, 3-552

Reserve requirements, on obligations by depository institution to, 2-219; 2-260.53

Export trading companies—See International banking operations.

Board of Governors of the Federal Reserve System

Federal Reserve Regulatory Service

Subject Index