Due Diligence Documentation: 9 Common Mistakes
Vendor due diligence is a regulatory requirement of the vendor management process. Financial institutions are required
Fair Lending FAQs: Small Businesses & the Paycheck Protection Program
The Paycheck Protection Program (PPP) has proven a more-than challenging endeavor for financial institutions.
OCC Releases Final CRA Modernization Rule: What You Need to Know
The OCC released its final Community Reinvestment Act (CRA) rule last week, shortly before Comptroller Joseph Otting stepped down.
How To Work With The Board & Management: 6 Tips From A Top Compliance Officer
When a bank has a good compliance management system (CMS), training, an engaged board, and monthly testing.
Fair Lending in the Time of COVID: Trends from the CFPB & OCC
We may be weary from living it and reading about it, but COVID-19 continues to impact every aspect of everyday life—including fair lending...
7 Tips For Making Your Complaint Program More Effective
Read on for seven tips to make your complaint management program more effective.
COVID-19 Update: CFPB Postpones HMDA Data Collection
As financial institutions scramble to maintain operations and aid customers and members as COVID-19 continues to spread, the Consumer Financial Protection …
Coronavirus, HMDA, and Doing the Next Right Thing
As we struggle with disruption and uncertainty, as the coronavirus upends the routines of our lives, it’s natural to feel overwhelmed and unsure...
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Why the OCC Is Like a Peanut Butter Cup and Other Podcast Insights?
Want to hear about OCC plans, initiatives, and priorities right from the OCC right from the source? You’ve got it!
What Should I Do Before Submitting My HMDA Data?
Here are 5 steps you need to take before filing your HMDA LAR!
CFPB Offers New Category of Guidance with “Compliance Aids”
The Consumer Financial Protection Bureau (CFPB) has historically provided an array of compliance resources including, compliance...
How Many Complaints Did Your Institution Get Last Year?
Consumer complaints are a part of doing business.
What Will NCUA Examiners Be Looking at in 2020?
The NCUA’s 2020 Supervisory Priorities are published—and they are giving us a first look at the areas where NCUA will focus its examination efforts this
FDIC & OCC Release CRA Notice of Proposed Rule Making
The OCC and the Federal Deposit Insurance Corp (FDIC) finally released their notice of proposed rulemaking for the regulation’s first overhaul in 25 years
Three Banking Trends that Fizzled—And One That Stands the Test of Time
As we prepare for a new decade, let's take a stroll down memory lane to look at a few banking trends from the last 20 years that have lost their luster.
Is HMDA for Small Business on Its Way?
Regulatory agencies have been emphasizing the importance of a strong and effective CMS. Find out four ways to streamline your CMS.
A Regulator's Holiday Wish List for the Year Ahead
We’ve been taking notes at industry conferences/meetings and know exactly what a federal regulator is hoping you’ll get them this year.
Compliance Managed: Four Ways to Streamline a CMS
Regulatory agencies have been emphasizing the importance of a strong and effective CMS, they’ve given financial institutions a lot of flexibility in...
NCUA: HMDA Violations Thrive in Weak CMSs
Why do Home Mortgage Disclosure Act (HMDA) Loan Application Register (LAR) violations happen? Weaknesses in compliance management...
What Does the OCC Look for in a CMS?
The OCC wants banks it regulates to “develop and maintain an effective CMS that is appropriate for the size, complexity & risk profile of its operations.”
What Does the Federal Reserve Look for in a CMS?
The Federal Reserve's CMS approach is based on two primary parameters: board & management oversight and the compliance program.
What Does the FDIC Look for in a CMS?
The FDIC expects a bank’s board of directors and management to have a compliance management system (CMS) adapted to its business strategy to effectively
7 Features Every Compliance Management System (CMS) Needs
Compliance management is no joke. Look for a compliance management solution with these seven key features...
OCC Hopes to Issue Joint CRA Proposal This Fall
Comptroller of the Currency Joseph Otting is hopeful that a joint CRA modernization proposal will be issued on an interagency basis this fall.
Can You Adopt an Agile Approach to Compliance?
One of the buzzwords in business these days is “agile.” If you’re looking to learn more about what an agile approach is, and how it can be used in...
What Does the NCUA Look for in a CMS?
The NCUA defines a compliance management system as a credit union’s overall approach to managing compliance risk.
9 Reasons Why We Are Thankful For Compliance Officers
Here are 9 reasons we are thankful for compliance officers! Thank you, compliance officers, for everything you do.
School's in Session: 3 Tips to Help You Ace Compliance
Here are three essential, timeless tips for you to remember to ensure that you achieve your compliance goals in 2019 and beyond.
15 Key Insights from the CFPB Fair Lending Report [Part Two]
Check out the second half of our two-part series on the CFPB's 2018 Fair Lending Report. If you have to comply with Fair Lending, this post is for you.
13 Movies and Shows Every Bank Compliance Nerd Needs to Watch
Here are a few banking compliance movies and TV shows for you to check out, and prove to your friends and family that compliance is entertaining!