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Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)

Interagency update on private flood insurance rule

Staff of the Federal Reserve, Farm Credit Administration, FDIC, NCUA and the OCC will conduct a one-hour Outlook Live webinar at 2 p.m. EDT on Tuesday, June 18, to discuss the private flood insurance rule published on February 20, 2019. Topics will include:

  • Mandatory acceptance of private flood insurance;
  • Mandatory acceptance Compliance Aid;
  • Discretionary acceptance of private flood insurance;
  • Flood Coverage provided by Mutual Aid Societies; and
  • Preparations to comply with the Rule

Advance registration is recommended.
UPDATE: Date of the webinar rescheduled from May 14 to June 18, 2019.

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