In today’s banking environment as soon as one big new regulation is implemented another pops up. ICBA’s compliance training opportunities and exceptional resources, online and offline, will help your community bank stay informed and one step ahead of the regulators.
Regulatory Compliance Updates: Q3
• Determine if your bank is a covered financial institution and if so, what date must collecting and reporting begin. Do determine this, you must learn what transaction types (“covered transaction”) count toward the 100-loan origination threshold as well as the definition of a small business.
• If your bank must collect and report data, a commercial application is going to be needed. If you do not already have a commercial application, begin creating one. Work with your lenders and marketing department to develop this.
The ICBA Compliance Vault is now available as a member benefit to all ICBA members.
The Compliance Vault is a reliable search tool that helps you find answers to your regulatory compliance questions, with access to over 2,500 Q&As, select online courses, and documents.
Community Banker University offers a variety of online training options with courses that build knowledge and a strong foundation within key areas of the banking industry and professional development.
The courses in the Community Banker Compliance Certificate Program are designed to give community bankers the knowledge and skills they need to become experts in regulatory compliance. The certificate program consists of four critical learning areas.
One of the three elements of an effective compliance program is monitoring and corrective action. These compliance working papers are essential for monitoring your financial institution’s compliance with federal consumer compliance laws and regulations.
ICBA Member: $599
Annual Digital Renewal
ICBA Member: $399
The Compliance Deskbook is a compliance officer’s one-stop-shop for accessing compliance regulations, important dates, agency guidance, questionnaires, updates, and other resources.
ICBA Member: $499
Annual Digital Renewal
ICBA Member: $349
The Bank Compliance Checkup Program provides a comprehensive system for on-going monitoring of your bank’s compliance with Deposit, Lending, Administrative and IT/Tech/Security regulations. It also contains a series of training materials and tests to assist in educating staff where there are compliance deficiencies found.