Back in August, we added sample Private Flood Insurance Procedures to the free Lending Tools page of our website.
These sample procedures were designed to give you a starting point or framework to help you develop procedures for your institution. We encourage you to take these procedures and tweak as needed.
The procedures include a Private Flood Insurance Checklist that will help walk you through the process when a borrower presents you with a private flood insurance policy.
Listen to the video as Diane walks you through the checklist and gives some tips to assist you in the process.
Want more FREE Lending Regulation TOOLS? Find them all here – https://store.bankerscompliance.com/link/LendingFD
Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients.
Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!