Bankers Blog

Refinance. Renewal. Modification.  These words are used all the time in the banking industry and in many cases, they are used incorrectly.  When it comes to compliance, these terms are not one in the same.  Thus, you have to be careful because the...

On September 28th, we will kick off our Virtual Compliance Conferences starting with Deposit Compliance.  We thought you might enjoy a peek “behind the scenes” with David Dickinson. https://vimeo.com/518124703 Want even more?  Register for the Virtual Compliance...

Are you getting excited?  We sure are!  In one week we will host our 2021 Virtual Deposit Conference.  We will cover many deposit topics, some of which include: Deposit Compliance in 2021 & BeyondUnfair, Deceptive or Abusive Acts or...

In case you missed it, the CFPB recently issued a proposed rule regarding Small Business Lending Data Collection under Section 1071 of the Dodd-Frank Act.  Specifically, the proposal would require covered institutions to collect and report certain data for...

A couple weeks ago, we wrapped up our six-part webinar series on Compliance Management Systems (CMS).  We looked at everything from the role of the compliance officer, the role of the Board, Risk Management, Training, Monitoring, Complaints and so much...

A question that surprisingly comes up quite often is whether the Bank Secrecy Act applies to just the United States or if it applies on a more global scale.  To answer that question, we have to step back to 1989 and the establishment of the Financial Action Task Force...

Now that we have a proposed rule for the small business data collection requirements under Section 1071 of The Dodd-Frank Act, you may be starting to consider the potential impact to your institution.  If so, be aware of what the CFPB refers to as the...

We get a LOT of searches on our website for information regarding MDIA.  It always catches us off guard because MDIA really isn’t a “thing” any more.  MDIA stands for the Mortgage Disclosure Improvement Act and it went into effect on July 30, 2009.  In...

Here are your options: Purchase each session separately (one-day deposit, two-day lending, or one-day BSA/AML) OR you can register for the entire series for a greatly discounted price.  In addition to saving you money, you get valuable training for your entire...

The CFPB issued a proposed rule regarding Small Business Lending Data Collection under Section 1071 of the Dodd-Frank Act. Based on the proposal, an institution will be subject to the rule if it originated at least 25 covered credit transactions to small businesses in...