Monday, December 16, 2013



The following articles are featured in the Compliance section:
  • Is There a Better Way to Comply With BSA Regulations?
  • Take Credit Application Over Phone?
  • Refuse to Cash Check if Charged Off/Bankruptcy?
  • Right of FI To Obtain Info for Conductor (CTR)
  • Small Creditor Status If Branches In Rural County
  • Violation if Do Not Disclose APR? (Monthly Pay)
PATRIOT OFFICER® offers the most effective and advanced technology to consolidate your Anti-Money Laundering, Anti-Terrorist Financing, and Anti-Fraud effort through a centralized case management platform with the highest efficiency? Contact sales@gv-systems.com to see how easy you can manage your regulatory compliance and risk management resources with optimal efficiency while removing duplicate effort.

that vendors are your partners in success? Delivering critical services to your customers or helping you run your organization more profitably? With vendors, there are operational and regulatory risks that require management. Click here to register to win a one year subscription to Supernal Software's Vendor Management Software.



The following articles are featured in the Lending section:
  • How Do Banks Deal With Existing Paper Documents After Implementing an Imaging System?
  • Add Cross Collateralization Verbiage to Consumer Loan?
  • Points/Fees Calculation Under HOEPA & QM Rules
  • Timing of Mailing Initial Flood Pre Completion
  • Notice Required When Applicant Withdraws Loan
  • Security Agreement if Purchase Piece of Equipment?
there are countless advantages to outsourcing BSA/AML Transaction Monitoring to the experts? Imagine NO MORE transaction monitoring, alerts, caseloads and staffing issues, while creating more time for other responsibilities. Outsource your transaction monitoring to AML RightSource and experience continuous process improvement to increase the effectiveness of your BSA program.

conducting Regression Analysis on your loan data is the only definitive way to determine if your institution treats all applicants equally. However, Fair Lending Regression Analysis isn't right for everyone. Download a FREE eBrief, "A Fair Lending Regression Primer" from TRUPOINT Partners to learn how regression is used in Fair Lending compliance.



The following articles are featured in the Operations section:
  • Safe Deposit Release for Abandoned Property Claim
  • 90 Days to Reissue Check If Foreign Entity?
  • One Deceased POD- Give All Funds to Surviving POD?
  • Notify Depository Bank of Large $ Return?
  • How to Open Escrow Agent Account
you can learn winning strategies and tactics from chief risk and compliance officers, regulators and other experts at the FIS EGRC Summit 2014? Join us at Loews Coronado Bay Resort in San Diego on January 23-25, 2014 for interactive, in-depth sessions on BSA/AML and financial crimes, new CFPB regulations, UDAAP, fair lending and cybersecurity. Register today!

there are some common warning signs that your appraisal QC process is putting your loans at risk of buyback? See the top 10 warning signs of a risky process, plus industry best practices in this free white paper, "Appraisal QC: Industry Best Practices."



The following articles are featured in the Marketing section:
  • 1099 Required for Drawing Prizes More than $10?
that managing loan files electronically can significantly streamline your audit and exam preparation process? Systems such as AccuAccount reduce auditor expenses, improve information accuracy, and minimize lost or missing files. Learn why auditors are recommending document management software. Watch this free video.



Read the Current Edition of Tech Talk

a solution that works across multiple functions can help you book new account revenue faster? LexisNexis® Bridger Insight XG streamlines account openings by helping you complete sanctions, enforcements, PEP and negative news list screening for AML/CTF compliance. Are you leveraging the power of complete flow-through automation? Click here to explore the power of Bridger Insight XG today.



Are you looking for help from other bankers?
Check out the
Bankers' Threads!

Reporting Counterfeit Currency
If a customer or business deposits counterfeit currency to their account and the bank catches it, is against the law not to report this to the U.S. Secret Service.

Read and weigh in with some helpful information on Counterfeit Currency in the Security - PUBLIC Forum.

Did a colleague forward this page to you? Click here to register and receive this timely briefing each week in your email inbox.


Support the vendors who support BOL! Through their advertising and sponsorships on BOL and BOL Vendor Connect, companies offering banking products and services help to make this site possible. When you're looking for a supplier, give your business to companies who support BankersOnline.com. Find them now in our Sponsors or BOL Vendor Connect.
Learn more about

MEMBERS