COMMUNITY BANK UNIVERSITY

Bank Compliance Center

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.

Recent Compliance News

ARRC issues market indicators supporting LIBOR alternative

May 10, 2021 | NewsWatch Today Article
The Alternative Reference Rates Committee last week published market indicators it will consider in recommending a forward-looking Secured Overnight Financing Rate term rate to support the transition away from LIBOR.

CFPB reports on mortgage borrower challenges

May 5, 2021 | NewsWatch Today Article
The Consumer Financial Protection Bureau said more needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn.

Upcoming Compliance Training

Jun 7, 2021 | Seminar/Institutes

Compliance Institute - Virtual


Jun 17, 2021 | Webinar

Flood Compliance


Regulations and Guidance

Compliance Question of the Week

QUESTION: If a loan servicers determines that the borrower is not eligible for cancellation of Private Mortgage Insurance (PMI), is a notice required under the Homeowners Protection Act?

ANSWER:

Yes.

(1) In general if a servicer determines that a mortgage did not meet the requirements for termination or cancellation of private mortgage insurance under subsection (a) or (b) of section 4902 of this title, the servicer shall provide written notice to the mortgagor of the grounds relied on to make the determination (including the results of any appraisal used to make the determination).

(2) Timing Notice required by paragraph (1) above shall be provided -

(A) With respect to cancellation of private mortgage insurance under section 4902(a) of this title, not later than 30 days after the later of— 

(i) the date on which a request is received under section 4902(a)(1) of this title; or 

(ii) the date on which the mortgagor satisfies any evidence and certification requirements under section 4902(a)(3) [1] of this title; and 

(B) with respect to termination of private mortgage insurance under section 4902(b) of this title, not later than 30 days after the scheduled termination date.

Reference: Homeowners Protection Act: 12 USC 4904(b)

Compliance Vault

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.

Learn more & open the vault

Compliance Resources

Online Training

Online Training Plans - CBU

CBU Graphic

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.

Prices vary by plan, check the plan comparison chart for more information!

Learn More

Online Training

Compliance Certificate Program

Online Certificates

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.

$499 / ICBA Members

$1,499 / Non-Members

Learn More

Subscription

Compliance Working Papers

Compliance Education Graphic

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.

Initial Price
ICBA Member: $599
Nonmember: $799

Annual Digital Renewal
ICBA Member: $299
Nonmember: $399

Learn More

Subscription

Compliance Deskbook and Bulletin Service

Compliance Education Graphic

The ICBA Compliance Deskbook is the industry’s premier resource for compliance information. Access regulations, important dates, agency guidance, questionnaires, and other resources in one place.

Initial Price
ICBA Member: $399
Nonmember: $549

Annual Digital Renewal
ICBA Member: $249
Nonmember: $349

Learn More

Digital

Bank Policies

Policy Products
Alleviate the tedious task of developing bank policies from scratch. These policies provide a quick reference with thorough, easy-to-read instructions to guide your bank through the policy development or revision process.
Click Learn More for Individual Pricing

Learn More

Subscription

Bank Compliance Checkup Program

Compliance Education Graphic

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.

Initial Price:
ICBA Member: $395
Nonmember: $595

Annual Digital Renewal:
ICBA Member: $199
Nonmember: $399

Learn More