Monday, April 7, 2014



The following articles are featured in the Compliance section:
  • Withdrawals to Avoid Garnishment or Levy
  • Fine Limitations For Compliance Violations
  • What Happens If Credit Union Doesn't Follow Reg D
  • Reg CC Next Day Availability $200 Rule
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.



The following articles are featured in the Lending section:
  • What Are Three Biggest Challenges Related to Exception Management?
  • What's Greater - the Cost to Manually Track Exceptions or Implementing a New ECM System?
  • What's More Popular for Exception Tracking - Using a Core System or Spreadsheets?
  • 3 Days Advance Rule-Copy of Residential Mortgage
  • ATR Rules & Abundance of Caution for Taxes
  • Reg B New Disclosures for Modified HAMP?
  • Home Improvement w/ Another Property Collateral
  • Best Practices For Pulling Credit Reports
you can effectively and easily manage your fair lending risk analysis in-house using the most user-friendly online tool? Click here to register for a FREE demo of the most powerful fair lending compliance management tool.

22% of financial institutions still use spreadsheets to track exceptions? Is your bank still using spreadsheets? If so, you might be surprised to learn about how inefficient that can be for your institution. Download a survey summary report that polled 96 community banks. Click here to download the free report.



The following articles are featured in the Operations section:
  • Have Laws Changed on LLCs & Interest Bearing Acct?
  • Allowed to Mark More Than One Box Exception Hold?
  • Procedures for Receiving Oil/Gas Lease Draft
one of the most common criticisms financial institutions face from examiners evaluating their risk assessment is that the assessment is not justified by facts but rather intuitive guesses? Check out this free, recorded webinar on risk assessments from the experts at Banker's Toolbox to learn more common criticisms and what you should be including in your risk assessment.

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.



Read the Current Edition of Tech Talk

The following articles are featured in the Technology section:
  • Top Ten Trends Impacting Bank Technology for 2014, Part Two
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.



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

Savings Accounts: Waiving Fees for Minors
What part of the law allows banks to waive fees on minor's savings accounts? I've gone through Reg D several times, but must be missing something.....

Read and weigh in with some helpful information on Fees waived for minors in the Operations Compliance 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 these 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 on our Sponsors Page.
Learn more about

MEMBERS