Monday, March 24, 2014



The following articles are featured in the Compliance section:
  • Shifting Reg Oversight From FRB to FDIC
  • Documentation Required for Customer Address Change
  • Person w/POA from Administrator on Estate Account
  • Compliance Requirements to Expand Bank Size
  • Reporting 1099 Misc for Disbursements
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.

when data breaches like those at Target and Nieman Marcus happen, you, need to act quickly to protect your customers. Identifying the Common Point of Purchase is critical to containing the fraud and limiting the exposure to your institution and your customers. The experts at Banker's Toolbox have written an in-depth white paper on how to do just that. Click here to download the white paper for free.



The following articles are featured in the Lending section:
  • What Percentage of Banks Use Their Core System to Manage Exceptions?
  • What Percentage of Banks Use a Stand-Alone Tickler for Managing Exceptions?
  • What Percentage of Banks Still Use Spreadsheets for Exception Tracking?
  • New Appraisal Rules: Restricted Evaluation Use
  • RESPA Rules On Letter/Docs to Start Foreclosure
  • Okay to Have Demand Feature On Note?
  • Zero In Front of Decimal If APY Less Than 1%?
  • Exemption Guidelines for New QM Rules
a recent industry survey found that only 14% of financial institutions are using document management technology to track and manage exceptions. Most banks still use some type of manual exception tracking process, such as their core, spreadsheets, or a stand-alone tickler. Why do banks continue to rely on inefficient, manual processes to track exceptions? Find out by downloading the free report.

that accessing property, assessment and foreclosure data doesn't have to be so time consuming. PropertyPIlot does it for you. Our user-friendly, map-based interface makes it easy to quickly access accurate property information you need, when you need it. With millions of properties, PropertyPilot is an important tool to help you lend more intelligently. CLICK TO LEARN MORE.



The following articles are featured in the Operations section:
  • Identification Required for Resident Alien
  • Present Original Paper Certificate When Close CD?
  • Remove Owner if You Have A Divorce Decreed?
  • Re-Deposited Item Hold for Missing Endorsement?
  • Run Authorized Agent Only When Opening Business?
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.

you could be missing a critical compliance step if you're sending appraisals to borrowers electronically? The new ECOA Valuations Rule took effect on January 18th, and it specifically mandates that you comply with the E-Sign Act for all electronic deliveries. Click here for a white paper with automated compliance tools.



Read the Current Edition of Tech Talk

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.



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

ADA compliance, online banking, and blind customers
We recently had a customer contact one of our offices to tell us she is legally blind, and that she was having trouble with our website. Does anyone know what aspects of our website must be ADA compliant?

Read and weigh in with some helpful information on ADA for online banking in the Ebanking / Technology 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