Relying on Previous Flood Determinations

One question we get quite often is, “can we rely on a prior flood determination”?  In short, the answer is yes but there are three requirements you must meet.  The first is that the flood determination must be on a Special Flood Hazard Determination Form.  The second is that the flood determination is less than seven years old. 

Jerod explains the third requirement in the video.

Published
2021/04/14

Jerod Moyer

Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!

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