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Free CRCM Exam Braindumps (page: 160)

Page 160 of 344
PDF with 463 Questions

Annual privacy notices are not required to be given to former customers, including cases where:

  1. A deposit account is active
  2. A customer pays a load in full or institution charges off the loan
  3. The institution no longer provides any open-end statements or notices to the customer
  4. None of these

Answer(s): B,C



A financial institution may provide a customer with a short form initial notice at the same time as it delivers an opt-notice. The short form notice must:

  1. Be clear and conspicuous
  2. State that a privacy notice is available on request
  3. Explain a reasonable means by which the consumer may obtain that notice Reasonable
  4. May be disclosed to the affiliates

Answer(s): A,B,C



A financial institution may provide a customer with a short form initial notice at the same time as it delivers an opt-notice. The short form notice must:

  1. Be clear and conspicuous
  2. State that a privacy notice is available on request
  3. Explain a reasonable means by which the consumer may obtain that notice Reasonable
  4. May be disclosed to the affiliates

Answer(s): A,B,C



A financial institution may provide a customer with a short form initial notice at the same time as it delivers an opt-notice. The short form notice must:

  1. Be clear and conspicuous
  2. State that a privacy notice is available on request
  3. Explain a reasonable means by which the consumer may obtain that notice Reasonable
  4. May be disclosed to the affiliates

Answer(s): A,B,C



Page 160 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
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Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
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Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote