The art of audit report writing demands far more than simply listing the four elements of a finding - criteria, condition, cause, and effect. Even adding a fifth element, the recommendation, may be insufficient. This boilerplate approach to writing can threaten independent, critical thinking and undermine the entire audit process, ultimately tarnishing the credibility of the auditor. Skilled auditors require a method that aligns what they experienced during the reviewing process with what they compose during the writing process.
This highly specialized webinar offers a deep and useful toolbox of techniques that auditors can use when ... (more)
Keeping up with changes and deadlines in the compliance area gets more complex every year. Now, we can assist you with that task.
Carl Pry, a well known and highly respected compliance expert and recipient of the 2015 ABA Distinguished Service Award will be presenting a monthly one-hour compliance update that will address new items to be aware of, deadlines and what's on the horizon. In a simple language webinar format that you can view from your office, Carl will make sure you have the information you need to keep your financial institution in compliance.
This 2-part webinar series will be held on July 27th and August 10th. Please register for this event HERE.
This two-part program is intended for credit analysts, portfolio managers and other bankers learning and growing into a professional banking career. We will focus on the “big picture” of banking and the critical task of credit risk management to the overall success of your bank. The typical work of an analyst within the lending process affects not only your bank, but also your customers and your community. There is more to the loan decision process ... (more)
This is the two-part webinar to be held on July 27th and August 10th, 2017. The prices below include both sessions.
The Professional Credit Analyst - Part 1
Thursday, July 27th, 20171:30 pm - 3:30 pm CT
The Professional Credit Analyst - Part 2
Thursday, August 10th, 20171:30 pm - 3:30 pm CT
This two-part program is intended for credit analysts, portfolio managers and other bankers learning and growing into a professional banking career. We will focus on the “big picture” of banking and the critical task of credit risk management to the overall success o... (more)
All the big financial institutions are raising their fees - should you? More and more, fee revenue has become an important component of financial institution profitability. Average financial institutions misunderstand fee revenue while remarkable financial institutions know how to maximize it by charging the right amount, adopting the right collections policies, and knowing which customers generate the most revenue. Walk away with strategies to enhance your fee revenue and keep your most profitable customers longer.
The CFPB has been criticized for providing guidance in the form of enforcement actions rather than by writing regulations.
In a March 9, 2016 speech Director Cordray confirmed that consent orders that accompany the Bureau’s public enforcement actions, "provide detailed guidance for compliance officers across the marketplace about how they should regard similar practices at their own institutions. If the same problems exist in their day-to-day operations, they should look closely at their processes and clean up whatever is not being handled appropriately." He added that "it would be ‘compliance malpractice... (more)
This is for Part 3 only. For series pricing, CLICK HERE.
Protection of Vulnerable Adults from Financial Exploitation (HB 3921) adds §280 to the Texas Finance Code clarifying and expanding the requirement found at §48.051 of the Human Resources Code which states, “…a person having cause to believe that an elderly person, a person with a disability, or an individual receiving services from a provider as described by Subchapter F is in the state of abuse, neglect or exploitation shall report the information required by Subsection (d) im... (more)
What will regulators find when they examine your financial institution for Regulation E compliance with error resolution procedures? Do your employees know what is required? Do they know that a customer can write their PIN on a card and this will not be considered "negligent" if the card is lost or stolen? This is a Reg E FACT and not "FICTION!"
Our topic for the webinar will focus on several simple steps to handle Reg E customer disputes and inquiries. Understanding the rules will help you satisfy the regulators but can also SAVE YOUR FINANCIAL INSTITUTION MONEY by only paying the claims that you are required to reimburse ... (more)
A recent Forbes article suggested data breaches globally will cost over 2 trillion in 2019, which is four times the cost seen in 2015. The latest Verizon Data Beach Investigation Report suggests that 30% of people will open on a phishing email. When analyzing these two statistics, it isn’t hard to anticipate how the cybercriminals will strike. Advanced Persistent Threats and Organized Crime groups continue to land successfully ACH and Wire frauds in community banks and against their corporate customers. In most cases, cybercriminals hook their victims with a phishing attack, as Verizon reports that 91% breaches involve phishing.
Community Banks are often faced with construction loan requests that are underwritten by Consumer and Commercial Lenders who apply the same underwriting standards used for retail and commercial loans to Residential Construction Loans. The problem with this approach is that Construction Lending is a highly specialized form of lending requiring a different approach. It is actually Asset-Based Lending, whereby funds are advanced based on the successful completion of various phases of the project and other requirements being met.
Many problems can occur during construction that can leave lenders highly exposed unless they are unwritten p... (more)
This is for Part 1 only. For series pricing, CLICK HERE.
The ACH Basics and Overview is designed as an introduction to ACH processing. You will gain a broad understanding of the Automated Clearing House (ACH) Network and the processes the network follows. This is an excellent class for new operations staff and others in the bank that just want to understand ACH.
This is a three-part series to be held on August 4, 11, and 18. The prices above include all sessions. Each session can also be attended individually by clicking on the links below.
The past year has seen a tremendous increase in demand for Home Equity Lines of Credit (HELOC). Looking at current projections, these products will be among the most popular that lenders offer. Get a great overview of all aspects of HELOC.
This webinar will explore multiple models of both business and personal (business owner) cash flow analyses.
The webinar will begin with the business "traditional" EBITDA cash flow and personal cash flow of the "business owner" (using the 1040 tax return, including tax schedules and K-1s, and the personal financial statement). Additionally, the Global Cash Flow or combined "business & personal" cash flow model will be displayed.
This will be followed by the Statement of Cash Flows (using the Direct and Indirect Methods), as prepared by the CPA, the UCA Cash Flow (using the Moody's Risk Analyst software spreads... (more)
Excel expert David H. Ringstrom, CPA, teaches participants how to create resilient and dynamic budget spreadsheets in this valuable webinar. He explains techniques and Excel features that will enable you to improve the integrity of your spreadsheets, transform filtering tasks, and preserve key formulas. To help you build flexible, easy-to-maintain budget spreadsheets, David also covers several Excel functions, including CHOOSE; IFNA, FERROR, and ISERROR; ROUNDUP and ROUNDDOWN; VLOOKUP, and SUM and SUMIF.
David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in Excel 2016. He’... (more)
Regulations D, E, CC, DD, BSA and Identity Theft
Is your front line a compliance asset or liability? Let’s make them a compliance asset. This regulatory review completes your financial institution's annual training requirements. It also helps the front line understand that we can be fined and sued if we do not follow our regulatory responsibility. During the webinar, each regulation will be discussed spotlighting the front line issues and how to handle them. This webinar will help your staff determine if we are in a regulation and if so to determine the course of action. You will be amazed ... (more)
This is for Part 2 only. For series pricing, CLICK HERE.
This section will help you understand the responsibilities of being an ODFI. We will dive into Article Three of the ACH Rules and make sure that you understand the risks and warrantees associated with ACH origination.
This is the two-part webinar to be held on August 14th and August 21st, 2017. The prices below are including both sessions. Each session can also be attended individually by clicking the links below.
CRE Appraisals - Part 1
Monday, August 14th, 20171:30 pm - 3:30 pm CT
CRE Appraisals - Part 2
Monday, August 21st, 20171:30 pm - 3:30 pm CT
This page and the pricing below is for Part 1 only. If you are interested in series pricing, CLICK HERE.
This session will cover the key issues from the 2010 Interagency Appraisal and Evaluation Guidelines, tips for integrating them into your existing policies, and how CRE appraisals differ from residential reports.
It’s a big job to "know your customer" from identification, documents, questions, risk and to script this process into a fluid on-boarding process. This program will focus on building the process from different types of entities to different types of risk.
There are many types of business accounts with many ways to do business at banking today. It can be challenging to determine who is authorized to open, close and transact business when dealing with so many business entities. In addition to opening accounts in person for businesses, we now bank businesses online, with debit cards and through remote deposit. Because of these multiple... (more)
Congress enacted the Financial Institutions Regulatory and Interest Control Act in 1978. The insider lending provisions of the law were implemented as Regulation O. Historical data show that insider abuse is at the heart of many bank failures. Examiners take very seriously their mission to prevent insider abuse. They frequently cite violations of Regulation O during examinations, and often take enforcement action. Enforcement actions may take the form of civil monetary penalties , a Memorandum of Understanding, or a Cease and Desist Action.
Typical violations include illegal overdrafts to insiders or exte... (more)
For the last two years, institutions have been building stronger cybersecurity programs with the assistance of the FFIEC’s Cybersecurity Assessment Tool (CAT). On May 31, 2017, the FFIEC released an update to the CAT resource. The FFIEC hasn’t released what you would normally expect a tool to look like, it’s a collection of PDF documents that outline a cybersecurity assessment process with specific controls to mitigate risks. This update addresses changes to the FFIEC IT Examination Handbook by providing a revised mapping in Appendix A to the updated Information Security and Management booklets. The updated Assessment will also provide add... (more)
We’ve implemented Same Day ACH Credits and the time for Debits is coming fast. Let’s review the Rule, volume and who’s currently using Same Day. We will talk about what types of Debits might be a good fit for Same Day and the impact to Receivers. And of course we will discuss finality. It can’t be a Same Day payment if the RDFI doesn’t provide same day credit or debit. We’ll also provide an update on the Faster Payments Taskforce.
Join us to discuss how this round two will affect your financial institution.
Join us for this two-hour Applicants and Applications compliance webinar. This webinar will cover the latest requirements and guidance.