Home2017May 2017 - Young & Associates, Inc.

On May 31, 2017, the FFIEC announced an update to the Cybersecurity Assessment Tool which includes a change within the cybersecurity maturity section of the tool and an updated mapping of the baseline statements to the FFIEC IT Examination Handbooks. The update to the cybersecurity maturity section of the tool allows institutions to select “Yes...

By: David G. Dalessandro, Senior Consultant What is the overall condition of your commercial loan portfolio? Do you focus on net charge-offs? Delinquencies? Financial statement exceptions to policy? Number and level of TDR’s and non-accruals? The percent of the ALLL to total loans? While all of these broad measures can be helpful, the number and...

By: Bill Elliott, Senior Consultant and Manager of Compliance We usually try to use this space to share information that will help you prepare for what has been released, and for what will be required in the coming months. However, at this writing we find ourselves in a unique position; almost nothing (at least in...

ManagementADA Website Audits

By: Mike Lehr, HR Consultant Clients of Young & Associates, Inc. have been receiving demand letters from plaintiffs’ law firms, alleging that their websites aren’t accessible to individuals with disabilities. In effect, these letters claim that they are violating Title III of the Americans with Disabilities Act (ADA). More press and training have surfaced on this...

By: Stephen Clinton, President, Capital Market Securities, Inc. Market Update – The Trump Effect The election of President Donald Trump was followed by a strong upward movement in the market. Hopes related to lower taxes, less regulation, and economic stimulus led the market to new highs. Since the election, the Dow Jones Industrial Average moved...

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