Banker's Compliance Consulting Blog

Overdrafts & Fair Lending Risk

Institutions often think about overdrafts through a deposit operations lens; however, an overdraft...

Section 1071 vs. HMDA

One of the challenges of the Section 1071 Rule has little to do with 1071 and much to do with HMDA...

Section 1071: Proving Whether You Are In or Out

Our June 1071 Membership Group meeting focused on counting covered credit transactions to determine...

Disparate Impact Effective Date

On April 22, 2026, the CFPB announced a Final Rule that amends Regulation B and will directly...

Section 1071 Timeline

The mandatory compliance date for the Section 1071 Final Rule is January 1, 2028.While this may not...

Section 1071: Covered Applications

For Section 1071, a …covered application means an oral or written request for a covered credit...

Flood Insurance Deductibles

When it comes to flood insurance deductibles, there are some general minimums and maximums are that...

Overdrafts & UDAAP Risk

It’s no secret that the regulatory agencies do not like overdraft fees and often scrutinize...

Section 1071: In, Out or Maybe

The Section 1071 Final Rule released on May 1, 2026, culminated a strange and chaotic road.We’ve...

Section 1071: Institution Coverage

The Section 1071 Final Rule defines a “covered financial institution” as …a financial institution,...