Virtual Compliance Conferences

We know your Team is BUSY! We are here to serve you!

Register for the virtual conference and get the training your entire team needs for Lending, Deposit and BSA! That is 18 hours of training you can watch over and over again because IT IS RECORDED!

We make it simple…one registration gets your whole team trained with both the live version and the recording… it’s all included.    


2021 Virtual Deposit Compliance Conference (One-Day)

Sept. 28

2021 Virtual Lending Compliance Conference (Two-Days)

Oct. 13 & 14

2021 Virtual BSA/AML Compliance Conference (One-Day)

Nov. 10th

Over 18 hours of training for anyone in your bank to utilize! Don’t miss out! Get the Full Series Here!


2021 Virtual Compliance Conference Series: Lending, Deposit & BSA/AML

Regulation E Overdraft Opt-In

Regulation E’s overdraft rules related to ATM and one-time debit transactions seem pretty straightforward.  Since these rules have gone into effect; however, some institutions have unknowingly gotten themselves into hot water.  If you are an institution that currently offers the opt-in or doesn’t offer the opt-in but is curious about doing so, we wanted to give you a few tips.  First, don’t be misleading when it comes to “selling” this to your customer.  You obviously want to discuss the opt-in with your customer, but you need to make sure you are clearly explaining and informing them about what it is and what it isn’t.  It’s a good idea to have a script of some kind so that everyone is giving the same information.

Jerod gives more tips in the video.

 Published
2021/05/20

Fall Virtual Conferences

It won’t be long and it will be time for our Fall Conferences! This year we will be offering the Lending, Deposit and BSA conferences both in-person and virtually. 

The virtual conference(s)has many perks; one of the amazing perks is that a single registration will get your whole team in. That’s right!

You pay one price and everyone on your team can attend.  There also no restriction on the number locations.  Talk about convenient and budget-friendly!

If you have people that can’t attend live, no worries.  We will record each session and the videos are yours to keep.  You can play these over and over again to reinforce the information throughout the year.  That’s over 24 hours of training for anyone in your bank to utilize!

The dates for the Virtual Conferences are:

Just like we did in 2020, we will have two separate Zoom rooms, one training room and one other room where you can ask questions, etc.  You will also have the option to purchase the virtual conferences individually or the series of three at a discounted rate.

Is in-person training more your style?  If so, be sure to check out our website for more information and be sure to stay tuned as we will explain more about the in-person conferences in the weeks to come.

Have questions?  Please don’t hesitate to contact us!

Published
2021/04/30

Ability to Repay Risk & Requirements Matrix

On March 1st 2021, both the revised “General” Qualified Mortgage (QM) and the new “Seasoned” QM rules went into effect.  As a result, we have updated our Ability to Repay Risk & Requirements Matrix. 

On February 25th, we alerted you that the CFPB released a statement regarding these changes.  Then, as expected, the CFPB issued a proposal earlier this week to delay the mandatory compliance date for the revised general QM until October 1, 2022.  The temporary category of QMs for loans eligible to be purchased or guaranteed by Fannie Mae or Freddie Mac would also remain available for applications received prior to October 1, 2022.  Comments must be received no later than April 5, 2021, as the CFPB wants to move quickly so a rule can be finalized prior to the previously scheduled July 1st mandatory compliance date.    

Join us for a one-hour webinar that will

Explain the QM rule changes in plain English;

Provide clarity on any confusion related to the CFPB statement; and

Walk you through our updated one-page Ability to Repay Risk & Requirements Matrix.

Remember, one ticket (registration) gets your whole team into the program!  Get registered today!

Published
2021/03/04

BSA Compliance – Human Trafficking

BSA-compliance-trafficking
BSA Compliance: Human Trafficking

If you haven’t already seen the October 2020 FinCEN Advisory on Human Trafficking and Related Activity, this will give you a general overview of what that advisory covered. The advisory was issued in response to the COVID-19 pandemic. And you’re probably wondering, “What does COVID-19 have to do with human trafficking?” Well, the pandemic can exacerbate the conditions that contribute to human trafficking. So as support structures for potential victims collapse, human traffickers take advantage of those that are vulnerable.

This Advisory provides additional human trafficking red flags and is designed to supplement, not replace, FinCEN’s 2014 Advisory on Human Trafficking. Specifically, it provides 20 new red flags for financial and behavioral indications of human trafficking, and it provides for new typologies or methods that human traffickers are using to launder those ill-gotten funds. Then it gives you new information in identifying and reporting this type of activity.

Deb Irving explains more:

Your BSA Resource!

Gain access to free BSA Compliance tools by clicking here

Need to know more about SARS? Get your whole team trained for one price. Sign up for “All About Suspicious Activity Monitoring & Reporting” training below!

Published
2021/03/03