Banking compliance touches several aspects of banking – ALL of them in fact! Whether you work on the deposit side or the loan side of the bank, you have many rules to follow. Do you ever wonder why?
The short answer is that banks are special.
SaturdayJuly 01, 2023
Sweepstakes, Contests and Lotteries, Cans and Can Nots
Your problem -- a branch wants to raffle off homemade pies to raise money for a charity near and dear to the heart of those bankers. But is this a raffle, a contest or a lottery?
ThursdayJuly 13, 2023
Escrow Compliance – Be the One Who Understands It All!
Escrow compliance is tough. Not many rules cover such a broad scope over the full life of the loan. Escrowing touches nearly every element of loan compliance in some way: RESPA, TILA, TRID, HPMLs, Flood, and Fair Lending.
On-Demand Webinars about Risk Management
Recorded on May 17, 2023
Permanent course title goes here (no "Live -" or date)
Banking as we’ve known it is rapidly changing. Apps, pod banking, cash recyclers, interactive teller machines, and other new technologies are affecting how we do business and offering new challenges to security.
Recorded on May 09, 2023
Overdraft Programs and Their Risk to Your Financial Institut
Overdraft services will continue to be a target for regulatory scrutiny in 2023 and financial institutions who’ve been cited can attest to the damage unchecked fee income practices can have on an organization.
Oil and water. Cats and Dogs. Fire and Ice. Such are the comparisons often used to describe the relationship between compliance and marketing. Are they really two opposing forces always in conflict and rarely compatible?
As the baby boomer generation ages, “Elder Fraud'' is the fastest growing segment for crime in our country! Criminals know whom they want to target and have found ways to get close to their victims.
One banker commented “Reg E hasn’t changed, so what’s to learn?” While the Reg itself and the commentary haven’t changed, interpretations of who is a financial institution, what is an error and who has to investigate those errors have.
Recorded on March 14, 2023
Regulation CC: Funds Availability (Deposits and Holds)
Nobody wants compliance mistakes but when they are tolerable and in moderation, you learn from them and that’s an improvement. Mistakes can be great when you learn from someone else’s because you don’t suffer the consequences.