Banker's Compliance Consulting Blog

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...

NFIP Flood Insurance Policies

If you are new to flood insurance, you will quickly find out there are a lot of intricate...

Specific Reasons When Taking Adverse Action

Under Regulation B, when you deny an application for credit, you owe the applicant an adverse...

TRID: Closing Disclosure Accuracy

TRID requires that the Closing Disclosure (CD) be received by the borrower at least 3 (precise)...