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Daily Archives: May 14, 2021

RD Issues Unnumbered Letter on Supervised Bank Accounts  

Press ReleasesBy Tamara SchultzMay 14, 2021

CARH’S BROADCAST E-MAIL – Regulatory Update Rural Development (RD), recently published a May 12, 2021, Unnumbered Letter (UL) entitled, “Supervised Bank Accounts.” The UL replaces any previous ULs on this subject. According to RD, the UL was reissued in response to questions on Supervised Bank Accounts and the need for RD employees to provide identification.…

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