Banker Briefing for the Week of February 27, 2017



Did you know?
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:
  • Due diligence tracking for missing documents
  • Flood compliance in suspended communities
  • Community reinstatement into NFIP
  • How Does CD Secured Fit In with Reg O
  • Creditor Liability for Seller's Closing Disclosure
Did you know?
A study of 187 community banks found that 91% of those surveyed require more than five hours to prepare for each audit or exam. Paper documents create many bottlenecks, further slowing the process. Learn tips for streamlining your institution's workflow. Download the Study of 187 Banks.


The following articles are featured in the Operations Section:
  • Loan review workflow for audits
  • Prepaid account transaction histories
  • Insider overdrafts
  • Deposit Signature Card: Signature Line Style
  • Requirements for a Valid Joint Tenancy
  • Need Proof of Minor if Check Not Custodial/UTMA?
  • ACH Originator Rights to Take Legal Action: Return
  • Blocking International ACH Transactions
Did you know?
As the number of deposit channels expands and diversifies, the risk factors increase significantly for check fraud, payment negotiability, BSA/AML and OFAC. See how to reduce risk and validate all check deposits across your omnichannel real-time by downloading this white paper, 13 Ways to Improve your Consumer and Corporate Deposit Channels.
Did you know?
Did you know that if your bank branch network changes, there may be CRA or Redlining compliance risk involved. Learn more about your branch network and compliance with this free white paper!



Read the Current Edition of Tech Talk
Did you know?
Does recordkeeping come easy for you or are you finding it difficult to stay on top of the ever-changing regulations? Compared to the legal costs of failing to keep your record retention schedule up to date, a subscription to www.recordretentiononline.com is a no-brainer. Even the cost of a legal team to keep you on top of the regulations is infinitely more expensive than our service. Do not make the mistake of not keeping your records long enough, or even worse, keeping them too long! Holding records for longer than required is expensive!

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