Wisconsin Administrative Code (Last Updated: January 10, 2017) |
Agency DFI. Department of Financial Institutions |
Chapters DFI-Bkg1-78. Department of Financial Institutions-Banking |
Chapter DFI-Bkg3. Parity With National Banks |
Section 3.03. Use of data processing equipment and furnishing of data processing service.
Latest version.
- As part of its banking business and incidental thereto, a bank may collect, transcribe, process, analyze, and store, for itself and others, banking, financial, or related economic data. In addition, incidental to its banking business, a bank may:(1) Market a by-product (such as program or output) of a data processing activity described in this rule; and(2) Market excess time on its data processing equipment so long as the only involvement by the bank is furnishing the facility and necessary operating personnel.
History:
Cr.
Register, September, 1982, No. 321
, eff. 10-1-82.