If your institution is regulated by the FDIC or the OCC, don’t forget to make required updates to your annual financial disclosure statement. This entails having year-end Call Report information for 2010 and 2009 available to the public by March 31, 2011. The annual disclosure statement must be signed by an authorized officer of your institution and include the following disclaimer:
This statement has not been reviewed or confirmed for accuracy or relevance by the Federal Deposit Insurance Corporation.
Note: OCC regulated banks should state “Office of the Comptroller of the Currency” in this disclaimer.
You are also required to post a notice in your lobby which alerts the public to the availability of this information. The notice must be posted in the lobby of a bank’s main office and at each branch.
Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager.
Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelor’s Degree in Business Administration, and is a graduate of the ABA Compliance School.
Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!