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.
Fed issues prohibition order to former Oklahoma banker
The Federal Reserve Board has issued a consent order of prohibition to Brent H. Harness, a former institution-affiliated party of Simmons Bank, Benton, Arkansas.
The order indicates that Harness, between December 2018 and September 2019, while a community president of the bank at its Ardmore, Oklahoma, branch, Harness initiated multiple unauthorized advances on a commercial customer’s line of credit, transferred the proceeds from these advances to an unrelated customer’s account, and authorized multiple overdrafts on a customer’s account in excess of his authority, in violations of the bank's lending policy and violations of law or regulation, causing the bank to suffer a loss.