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Banking Law

• Agencies / Organizations
  • Financial Crimes Enforcement Network (U.S. Dept. of the Treasury)
    Network of law enforcement agencies created to fight money laundering and domestic & international financial crimes. Website offers access to Bank Secrecy Act regulations, guidance, FAQs, forms & filing information; enforcement actions for violations of the BSA; FinCEN rulings, advisories & reports; and more.
  • Federal Deposit Insurance Corporation (FDIC)
  • WI Dept. of Financial Institutions
    
    
• Bank Data (Federal Deposit Insurance Corporation)
  Information about individual banks and the banking industry. Determine a bank's status as an insured depository institution, their financial condition, and their condition relative to other banks.
• Banking (Cornell Legal Information Institute)
  Commentary with links to banking-related federal statutes, regulations & opinions and state statutes dealing with financial institutions or specific articles of the Uniform Commercial Code.
  
  
• Checks / Checking Accounts
  • Bad / Worthless Checks
    • Check Fraud: A Guide to Avoiding Losses (U.S. Dept. of the Treasury)
    • Summary of State Bad Check Laws (Commercial Collection Agency Association)
      Table of bad check laws that summarizes various state laws. Provides information about service charges and penalties for the issuance of bad checks.
    • Worthless Checks (WI Dept. of Financial Institutions)
    • Worthless Checks Forms & Guides from Wisconsin Counties (WI State Law Library)
    • WI Statutes: s. 403.414(7) Liability
    • WI Statutes: s. 422.202 Fees
    • WI Statutes: s. 943.24 - 943.245 "... Worthless Checks"
  • Check 21
    • Consumer Guide to Check 21 & Substitute Checks (Federal Reserve Board)
      Explains consumers' rights as they relate to substitute checks (copies of the front & back of the original check).
    • FAQs About Check 21 (Federal Reserve Board)
      FAQs about Check 21, substitute checks, original checks and consumer protection as it relates to Check 21.
  • Compliance With Regulation CC, Availability of Funds and Collection of Checks (Federal Reserve Board)
  • Checks Marked as Payment in Full (WI Dept. of Financial Institutions)
    Discusses legal standing of a "paid in full" statement.
  • Protecting Yourself From Overdraft and Bounced-Check Fees (Federal Reserve Board)
    
    
• Complaints
  • Bank / Financial Institution Complaints (Federal Reserve Board)
  • Consumer Complaints (U.S. Office of the Comptroller of the Currency)
  • Federal or State-Chartered Credit Union Complaints (National Credit Union Administration)
  • Financial Institution / Business Complaints (WI Dept. of Financial Institutions)
  • Mortgage Banking (WI Dept. of Financial Institutions)
    
    
• Compliance Headquarters (Banker Systems Incorporated)
  Locate regulatory compliance information for financial institutions. Search for regulations, codes, and summaries of important court decisions. Link to regulatory agencies. Receive email notification of state & federal legislative activity. Locate information on lending, residential real estate, deposit/operations, IRAs, and privacy issues.
  
  
• Directories
  • WI Banks & Savings Institutions (WI Dept. of Financial Institutions)
  • WI Credit Unions (WI Dept. of Financial Institutions)
• Failed Banks (FDIC)
  "Learn how accounts & loans are affected when a bank fails, how to seek unclaimed funds, and how to obtain a lien release." Includes the Failed Bank List, FDIC Dividends from Failed Banks, historical statistics and brief summaries of each bank failure since 1991.

• Forms
  • Sample Forms (Wisconsin Credit Association)
    Includes credit applications, bad check sample letter, letters of guaranty, promissory note, proof of claim.
  
  
• Payday / Deferred Deposit Loans
  • Payday Lenders (WI Dept. of Financial Institutions)
  • Payday Lending Statutes (Nat'l Conference of State Legislatures)
    
  • Payday Loans (Federal Trade Commission)
    Explanation & alternatives to payday loans. Directions on how to file a complaint.
  • Review of Payday Lending in Wisconsin, 2001 (WI Dept. of Financial Institutions)
  • Sample Payday Loan Agreement (WI Dept. of Financial Institutions)

The Law (Additional statutes, regulations & opinions may apply to your specific situation.)

• WI Statutes: ch. 138 "Money and Rates of Interest"
• WI Statutes: ch. 186 "Credit Unions"
• WI Statutes: ch. 214-224 "...Banks; Savings Associations"
• WI Statutes: ch. 404 "Uniform Commercial Code - Bank Deposits and Collections"
• WI Statutes: ch. 410 "Uniform Commercial Code - Funds Transfers"
• WI Admin. Code: DFI-Bkg 3-80 "Banking"
• WI Admin. Code: DFI-CU 51-72 "Credit Unions"
• WI Admin. Code: DFI-SB 1-22 "Savings Banks"
• WI Admin. Code: DFI-SL 1-21 "Savings and Loans"
• WI Statutes and Admin Code on Banking, Credit Unions, Financial Services, Saving Institutions (WI Dept. of Financial Institutions)
• U.S. Code: 12 USC "Banks and Banking"
• CFR: 12 CFR "Banks and Banking"

Search for more statutes, regulations & opinions.

County Resources

Recommended links from our County Resources database:

• Guides

  • Procedure for Handling Worthless Checks (Oconto District Attorney)
  • Worthless Checks (Iowa District Attorney)

Last Updated: March 26, 2013 | Up to Top