October 3, 2003
Here's our BOL MONTHLY ROUNDUP
Been busy this month? You may have missed some of the hottest articles, best Threads, newest tools, latest products, new faces, new sponsors and advertisers on BankersOnline.
This Roundup brings it all together for you!
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Welcome to the BOL Family
Sponsors and advertisers make this site possible. A warm welcome to the following companies who have joined BankersOnline.com or BOL Vendor Connect or renewed during the past month as advertisers or sponsors. We urge you to learn about their offerings today!
- ADT Financial and Banking division offers comprehensive security solutions for financial institutions ranging from securing a single facility to integrating alarm systems for multi-state national bank networks.
- Bankers Systems, Inc. provides compliance information, tools, and technology focused on helping financial services organizations better manage their compliance requirements and work flow.
- Compliance Coach is a national e-learning leader in regulatory compliance education and consulting services.
- John M. Floyd & Associates is a proven expert in bank profitability consulting and one of the leaders in overdraft privilege programs.
- Sterling Commerce provides a comprehensive line of item processing and cost reduction products that can help you with every aspect of check payments, from fraud protection to electronic presentment and currency control.
- QuestSoft provides compliance software for HMDA, CRA, flood determination and other settlement services.
Introducing our NEWEST Training Offering ...
Are you responsible for training at your institution? Do you wish you had extra guidance and support from subject matter experts? If so, our newest series of Web-based training programs is designed for you. Our TRAIN THE TRAINER Webinars offer:
- Practical training tips and techniques
- Customizable training materials
- Real world examples demonstrating the concepts
- Advice and suggestions
Join Us for our Inaugural Programs!
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Did you miss a previous issue of the Roundup? Click here for September and August. |
Guru Spotlight
This month we'd like to introduce you to BOL Guru Lucy Griffin.
Lucy is Editor of Compliance Action, President of Compliance Resources, Inc., a company offering compliance support and services to banks and a Senior Associate of Paragon Compliance Group, a company dedicated to providing compliance training. She has more than twenty-five years of experience working with regulatory agencies and financial institutions.
Look for Lucy and Phil Gay's upcoming Webinar on BOL Learning Connect: Loan Documentation: Compliance Issues that Impact Safety and Soundness , Wednesday, October 15th.
NEW BOL GURUS
We've also added three new experts to our ranks of BOL GURUS this month. You'll want to learn more about each of them.
Congratulations to:
Carolyn Jones - Record Retention guru.
Bob McComas - Human Resources guru.
Ken Proctor - Risk Management guru.
Click over to Guru Central to learn more about what our gurus can do for you. |
Now Available in the Banker Store
 CIP Signs
Your new requirement is to inform customers that you will verify identification prior to opening accounts. This can be accomplished with signage, but space is limited and tent cards will quickly be damaged or lost, possibly leading to a BSA violation. We've made it easy with our CIP signs! Order them today!
ID Checking Guide
"May I see your driver's license or ID please?"
When a person hands out an out-of-state license or ID, how do you know it's valid? Is it altered...forged...or stolen? Con artists count on your confusion.
Now you can be a step ahead of them with the I.D. Checking Guide. In 96 pages, it shows every valid license format -- in full size and full color. Even a quick glance says "This ID is phony!"
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What's Coming in October ...
As the Treasury Department puts the new $20 bill in circulation on October 9, we'll help your staff get prepared to handle these colorful new banknotes, and we'll also provide special refresher tips and quizzes in currency characteristics and counterfeits in our new BOL Money Matters segment.
Plus, we'll be watching how JacFSB CIP programs work when they really get put to the test after October 1. We'll tell you through more Guru Q&As what you might need to tweak. |
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BOL Learning Connect Webinars
Our Fall Calendar is out and we have a star-studded cast of experts!
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The latest issue of the Executive Briefing tackles four topics, including the big picture on suspicious activity reporting, all the challenges that remain before the HMDA changes implementation deadline, steps you should be taking to combat identity theft, and thoughts to ponder regarding how your institution measures up to industry standards.
And, remember, you can get the monthly Executive Briefing delivered directly to your email in-box. Subscribe NOW!
Make sure your management team stays up-to-date on the hot-button issues. Check out some of our recent issues and encourage them to sign up for this once-a-month email briefing.
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 Favorite Threads
With over 119,000 messages, Bankers' Threads has no equal as a spot for bankers to network and exchange information.
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Are you our
LUCKY BOL USER? We've hidden the name of one of our BOL users in this email. If you are the user whose name appears in this briefing, email us within 2 days. You'll receive a special prize for being our October User of the Month! Your prize must be collected during the month of October to make room for next month's lucky winner. | |
 Hottest Articles
IRS TIN-Matching
Checking ID? Look at the Big Picture.
Series-2004 $20 Bills
All About the New $20
Do Not Call List BLOCKED
ID Theft: The Real Numbers
Gibe Virus Spreading Quickly
Lending and Customer Identification Programs
Phishing Scams Continue Around the Globe
Verification of Cashier's Checks
Managing Compliance Risk: BSA & PATRIOT Act
CIP Training Scenarios
Q&As on CIP (Updated)
OFAC: The New Compliance Hot Seat
How to CIP Your Loan Customer
Paying Up To Dress Down
Investigating Sexual Harassment
New Accounts: Handling an OFAC Hit
Ten Security "Tips" from SOW 2003
Checklist: Overdraft Privilege Programs |
 Newest Tools
New CIP Tools
Implementing CIP
CIP Compliance Training
Choosing Software
Account Closing Agreement
Training Scenarios
Identifying Customers
Customer Examples Cheat Sheet
Corporation Due Diligence Checklist
Customer Documentation Worksheet
Customer Identification Matrix
CIP Notices
Sample Signs From BOL
New Compliance Tool
HMDA MSA and Micropolitan SA Spreadsheet
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