Banker's Compliance Consulting Blog

CIP: A Two-Part Process

The Customer Identification Program (CIP) requirements have been in effect for over 20 years now...

New Employees: Knowing Your Customer

For someone new to banking, the concept of “knowing your customer” can seem a little foreign and...

Banking Marijuana-Related Businesses

It’s been several years since the first states in the nation started legalizing both medical and...

Flood Insurance: The Why

If you are new to lending, you will learn (or maybe you already know) there are times when you must...

Rescission & Multiple Consumers

For the right of rescission to apply to a consumer:

Recent Alerts & Advisories

While other agencies have seemed to slow down a bit, FinCEN has not. On March 31st, it issued an...

Flood Insurance: What’s the Purpose?

It seems that no one really likes flood insurance. Customers don’t like paying for it, lenders...

Marijuana & Hemp: Understanding the Legality of it All

The challenge with marijuana from a banking perspective is that while individual states have chosen...

ATR & QM Policies and Procedures

When it comes to the Ability to Repay (ATR) rules and the Qualified Mortgage (QM) requirements,...

SCRA: 6% Interest Rate Cap

One of the benefits afforded to servicemembers under the Servicemembers Civil Relief Act (SCRA) is...