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#2161536 - 01/23/18 06:48 PM BSA Policy & Program in a merger
Jerseygirl Offline
Platinum Poster
Joined: Apr 2005
Posts: 684
Jersey Shore
We are acquiring another bank. The bank will operate for 6 month a XYZ Bank, A Division of ABC Bank NA. There are big differences in the BSA policies and programs. (Both are in compliance with regulations) Would there be any regulator issues if XYZ bank as a div continues with their current BAS pol/prog and ABC continues with theirs. We really want to take the best of both before making changes.

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#2161593 - 01/23/18 09:59 PM Re: BSA Policy & Program in a merger Jerseygirl
RockChucker, CAMS Offline
Diamond Poster
Joined: Jul 2013
Posts: 1,700
The Country
I don't see where there would be a problem with running them separately. I would double check with your primary regulator just to make sure.
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