Banker's Compliance Consulting Blog

Lender Responsibilities for BSA

BSA is all about helping our government thwart money laundering and terrorist financing. Whether...

Exceptions Holds for Being Repeatedly Overdrawn

Regulation CC outlines when institutions can delay deposited funds using an exception hold. These...

Commercial Lenders & FCRA

The Fair Credit Reporting Act lays out responsibilities for financial institutions that obtain or...

Proposed Rule to Strengthen and Modernize AML/CFT

The goal of the Proposed Rule to strengthen and modernize Anti-Money Laundering (AML) and...

Deregulation of Crypto?

On February 5, 2025, the FDIC released documentation related to its supervision of banks engaged in...

HMDA Data: Initially Payable to You

There are a lot of data points that you must report for each application on your HMDA LAR....

FinCEN Alert News

In mid-December, FinCEN issued an Alert to bring awareness to “Fraud Schemes Abusing FinCEN’s Name,...

Stay of 1071 Compliance Dates for ABA, ICBA Banks

The United States Court of Appeals for the Fifth Circuit has granted a stay on Section 1071’s...

HMDA Purpose

If you are a HMDA reporting institution, knowing which applications are covered is the cornerstone...

BSA/AML/CFT Risk Assessment

Risk assessments are more than just a box to check off on your compliance “to do” list, they are...