Banker's Compliance Consulting Blog

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...

Truth in Savings Act Change in Terms

The Truth in Savings Act (Regulation DD) is all about getting information in the hands of consumers...

What Commercial Lenders Need to Know About Guarantees

Guarantees are an important part of the commercial lending function. They help with financial...

Virtual Currency Risks

Crypto and/or other virtual currencies are inherently higher risk because they provide anonymity,...

CIP Is Just the Beginning

Your Customer Identification Program (CIP) is about knowing your customer. It’s designed to help...

Regulation CC Exception Hold Reasons

Regulation CC specifies when a financial institution must make the funds from a deposited item...

Customer Due Diligence & Virtual Currency

When it comes to crypto and/or other types of virtual currencies, what do financial institutions...

Why Is Beneficial Owners Important?

It’s no secret that the “bad guys” are usually a step ahead of regulatory compliance. They are...