Section 1071 Application Coverage Matrix

If you are just starting to dig into the Section 1071 requirements or you have been preparing for a while now, we have heard from a lot of you that determining whether an application will be subject to the requirements will be quite challenging. After all, there is a lot to consider and understand before you can even get to the point of knowing how to change your procedures and processes.

We’ve put together a “Section 1071 Application Coverage Matrix (Version 1.0) ” to assist you in understanding whether an application is subject to the Section 1071 data collection requirements. It is available now in our Free Lending Tools.

Jerod explains the matrix more here:


1071 Resources!

Published
2024/08/05
Jerod Moyer

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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Section 1071 Application Coverage Matrix
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