In today’s dynamic regulatory landscape, keeping pace with regulatory updates is critical for community banks to maintain compliance and uphold depositor trust. To adapt to shifts in the banking industry...
In today’s dynamic regulatory landscape, keeping pace with regulatory updates is critical for community banks to maintain compliance and uphold depositor trust. To adapt to shifts in the banking industry...
Automated Clearing House (ACH) risk management is a topic of paramount importance for community financial institutions. In the realm of modern banking, ACH payments have emerged as a cornerstone of...
By: William J. Showalter, CRCM, CRP There are changes that arrived with the new year of 2024 to Home Mortgage Disclosure Act (HMDA) compliance for banks and thrifts in many...
Expert Regulatory Compliance Services for Financial Institutions Are you finding the ever-evolving web of financial regulations a challenge to navigate? In the intricate landscape of compliance, regulations like Z, E,...
By: Karen S. Clower, CRCM and William J. Showalter, CRCM, CRP Fee income practices in overdraft programs have garnered increasing attention from regulatory bodies such as the CFPB, OCC, NCUA,...
By: William J. Showalter, CRCM, CRP, Senior Consultant The Consumer Financial Protection Bureau (CFPB) has issued its final rule to implement the rule required by Congress that is intended to...
By: Edward Pugh, CAMS, Consultant For many financial institutions, one of the most impactful purposes of the Anti-Money Laundering Act of 2020 is the encouragement of technological innovation and the...
The increasing sophistication of Anti-Money Laundering/Combating the Funding of Terrorism (AML/CFT) software and modeling techniques and the broader application of these models have played an undeniable role in the enhanced...
By: William J. Showalter, CRCM, CRP, Senior Consultant In our last issue, we discussed what UDAAP is and how to set up a program in your bank to avoid trouble...
In today’s competitive environment, getting the word out about your products and services is crucial. Do your ads meet regulatory expectations, include all advertising terms, and clearly explain what your...