Monday, April 14, 2014



The following articles are featured in the Compliance section:
  • Definition of Unable to Locate -Returned Check
  • Customer Information Files/Correspondence
  • Reg On Business Checks Deposited Into Personal
  • Policy for Mobile/Convenience Bank Nursing Home
  • Must All Refinances Be Secured w/ A Dwelling?
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The following articles are featured in the Lending section:
  • What Can a Bank Do to Reduce Errors in Exception Management?
  • Is It Possible to Calculate the Time and Cost Associated With Manual Exception Tracking?
  • Which Exception is More Difficult to Manage - Policies & Procedures or Loan Covenants?
  • LLC Purchase 1-4 Family Res. to Entertain Clients
  • Allowed to Charge Customer Modification Fee?
  • Audit Program/Procedures for Determining Flood
  • Does ATR Apply If Trustees Sign Individually?
  • Legal to Send Adverse Action Notices By Email?
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The following articles are featured in the Operations section:
  • Distribution of Funds to Multiple Beneficiaries
  • When to Post ACH Files Annuity Payments
  • Where to Find A List of Past Guru Q&As
  • Does 2nd Owner On Business Account On CTR?
  • Classify Acct. w/ EIN As A Business Account?
23% of banks say that "failures by staff to follow up on exceptions" is the greatest exception management challenge facing their institution. With so many moving parts, it's understandable that oversights occur. However, many banks are taking control of this process and getting better results. Click here to see what 96 other community banks are doing.

it is CRITICAL to see how your lending activity compares to your peers! You can upload your 2013 HMDA data today and begin to see your HMDA story well in advance of the 2013 public aggregate data release this fall. Click here to get a FREE evaluation of potential fair lending issues.



The following articles are featured in the Security section:
  • Name Search for New OFAC FSE List?
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.

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.



Read the Current Edition of Tech Talk

The following articles are featured in the Technology section:
  • Reg E Guidelines On Debit Card Dispute
  • Reg E Remittance Transfer Guidelines
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!

Written Flood Policies Required?
Is a bank required to have a written policy regarding compliance with the flood disaster protection act requirements? If so, where is the requirement outlined in the regulation/act?

Read and weigh in with some helpful information on Bank Required to have Written Policy on Flood in the Flood Compliance forum.


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