Banker's Compliance Consulting Blog

BSA for Lenders: CIP & CDD

A big component of a BSA/AML program is knowing your customers. The more you know about your...

Rate Set Date

There are several regulatory requirements and even definitions that are dependent upon a rate...

Elder Financial Exploitation

Elder abuse, which includes elder financial exploitation (EFE) and other forms of abuse, affects at...

BSA for Lenders: Risk Assessment

One of the key components of a BSA/AML program is the risk assessment. Every financial institution...

District Court Finds Corporate Transparency Act to be Unconstitutional

If you subscribe to our magazine,Banking on BCC, we’ve written a lot about the Anti-Money...

BSA for Tellers: The Why

Money laundering is a complex crime and is designed to hide the source of illegally obtained funds...

Truth In Savings Act: Fee Terminology Requirements

The Truth in Savings Act (Regulation DD) plays a crucial role in helping consumers make informed...

Regulation CC Delays and Overdraft Fees

When you delay the funds from a customer’s deposit beyond your normal availability schedule,...

Commercial Lenders & Documenting Joint Intent

There is still a misconception out there among some lenders that Regulation B (The Equal Credit...

The Importance of Identifying Beneficial Owners

If you are a customer service representative responsible for opening new accounts, you are probably...