The amendments to the Bank Act that restrict the use of the words “bank”, “banker” and “banking” (Bank Words) by non-bank entities were recently proclaimed into force and the Office of the ...
A Word Bank can be an 8.5 x 11 sheet of paper on which students or instructors write words to help trigger the answer to an exam question. A Word Bank should not contain a synopsis of course material, ...
A real bank is FDIC-insured and actually has the word “bank” in its name. Others claim to be “just like a bank,” but they aren’t. Just as consumers shift their business to a real bank in uncertain ...
Provincially-regulated credit unions that use “bank words” to describe products or services (such as “online banking”) will be relieved to hear that the Office of the Superintendent of Financial ...