Full text of District Notices (Federal Reserve Bank of Dallas) : Consumer Advisory Visits Program, Circular No. 78-5

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F ederal Reserve b a n k of Dallas
DALLAS, TEXAS

75222

C ir c u la r N o , 78-5
J a n u a r y 16, 1978

CONSUMER ADVISORY VISITS

TO ALL MEMBER BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
Last sum m er the F ederal R e s e r v e Bank of Dallas Initiated a p ro g r a m of
c o n s u m e r a d v i s o r y v is its in o r d e r to aid m em ber b a n k s in compliance with the
v a r io u s c o n s u m e r r e g u la tio n s . T h e s e v is its c o n sis t of a full da y consu ltation with
y o u r b a n k p e rs o n n e l by one of o u r r e p r e s e n t a t i v e s in o r d e r to a d v i s e you on c on­
s u m e r co m plia nc e. T h e v is its a r e co n d u cted a t y o u r b a n k with the Federal Re­
s e r v e Bank of Dallas p a y in g all e x p e n s e s . F o rm s, p o lic ie s, a nd p r o c e d u r e s a r e
re v ie w ed a nd a d v ic e f u r n i s h e d .
To da te only a b o u t 40 m ember b a n k s h a v e r e q u e s t e d this s e r v ic e . How­
e v e r , a c c o rd in g to th e s e b a n k s , the v is its we h a v e co n d u cted h a v e p r o v e d v e r y
s u c c e s s f u l. One la rg e national b a n k te rm e d it
. .th e most help we have re c e iv e d
from a n y s o u rc e in o u r effort to comply with the v a r io u s a c ts a n d r e g u la tio n s . . . "
Given the in c re a s in g e m p h a sis p laced on c o n s u m e r re g u la tio n s by the
b a n k re g u la to r y a g e n c i e s , we feel all m ember b a n k s would benefit from this s e r v ­
ice. A c c o rd i n g ly , we a r e once ag ain a n n o u n c in g its a v a i la b i lity . If you would
like u s to make a c o n s u m e r a d v i s o r y v is it to y o u r b a n k , p le a se w r ite the Con­
s u m er Affairs Section of t h is Bank. In clude in y o u r r e q u e s t w hic h of th e c o n ­
s u m e r re g u la tio n s you w ish us to e m p h a siz e in o u r v is it. We will contact you
sh o rtly to a r r a n g e a mutually s atisfa c to ry d a te .
Sincerely you rs,
Robert H . Boykin
First Vice President

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