Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
OCC enforcement actions
The OCC has released a list of enforcement orders issued in the month of August.
- Two former senior vice presidents; the former chairman, CEO and president; and four former directors of City National Bank of New Jersey, Newark, New Jersey, were issued consent civil money penalty orders in amounts ranging from $3,000 to $70,000 (totaling $124,000) for their failures to ensure that the bank had an adequate BSA/AML compliance program, adequate risk controls, and adequate staffing of its BSA/AML function while the bank was taking on high-risk new accounts, including brokered deposits.
- a former banker with People's United Bank, N.A., Bridgeport, Connecticut, was issued a consent prohibition order after the Comptroller found that she had stolen cash from her assigned cash drawer and made fraudulent entries so that the drawer appeared to be in balance