Banker's Compliance Consulting Blog

Adverse Action & Commercial Applicants

When it comes to adverse action notices, remember that two different regulatory requirements can...

BSA: Knowing Your Customer

New employees often have a huge learning curve. Not only do they need to be trained on their...

TRID Applications & Strategic Collection

When it comes to mortgage lending, the definition of an “application” can differ depending on what...

Section 1071: Policies vs. Procedures & the Board

When it comes to your Section 1071 planning and implementation efforts, you want to be careful that...

Auditing BSA/AML: Scoping the Audit

When it comes to auditing a BSA/AML program, a good place to start is by looking back at what...

HMDA Action Taken: Applicant Conditions vs. Property Conditions

Being a HMDA-Reporting financial institution brings many challenges from a compliance perspective....

Section 1071: Number of Principal Owners

When it comes to Section 1071 data collection and reporting, there are some similarities with other...

Flood: Relying on A Prior Flood Determination

Have you ever been confused about if or when you could rely on a previous flood determination form?...

Knowing Your Customer When Banking Marijuana & Hemp

Choosing to bank customers involved in the marijuana or hemp industry is not right or wrong. It is...

CFPB Overdraft Proposal

Bank in January, the CFPB issued a Proposal that was intended to rein in excessive overdraft fees...