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

ICBA speaks out against FDIC supervisory appeals reversal

May 20, 2022 | NewsWatch Today
ICBA expressed disappointment that the FDIC eliminated the independent Office of Supervisory Appeals and restored the Supervision Appeals Review Committee as the final level of review in the agency’s supervisory appeals process.

Agencies confirm updated flood insurance Q&As are guidance

May 19, 2022 | NewsWatch Today
Federal regulators issued revised questions and answers regarding federal flood insurance law and the agencies’ implementing regulations.

Upcoming Compliance Training

Compliance Institute - Virtual

The ICBA Compliance Institute is built to meet the needs of seasoned professionals seeking the latest regulatory education and industry best practices as well as newer compliance officers seeking to gain a clear understanding of the fundamental concepts of each regulation.

This high-quality program provides a fast-paced learning environment that will lead to a detailed study of the relevant areas of regulatory compliance with a focus on the key concepts that spell success in the examination context. 

Each regulation is approached in terms of the requirements, best practice internal controls, and audit objectives. Learning is reinforced with many sample disclosures, applicability charts, and illustrative quizzes and exercises. 

The program addresses current hot issues and areas of focus in regulatory compliance. Deep dives into the common challenges related to recent regulatory reform will be covered and the latest guidance and interpretations on all recent rule-making efforts will be discussed. 

This solid foundation allows the attendee to return to their bank and support their product and service offerings and remain competitive in their marketplace. 

If you decide to enroll in the certification testing after you register for the class, please contact a Community Banker University representative at 800-422-7285.

Learning Objectives:

  • Understand the key elements of a bank’s compliance management program.
  • Understand the fundamental and disclosure requirements of bank lending regulations including Reg Z, RESPA, HMDA, SAFE Act, Military Lending Regulations, Homeownership Counseling Act, and flood insurance compliance.
  • Identify fair lending practices and data collection/reporting requirements as outlined in ECOA/Reg B, FCRA, CRA, HMDA, and Fair Housing Act.
  • Outline the key privacy requirements banks must follow under Reg P including the Sections 13, 14, and 15 information-sharing exceptions.
  • Associate deposit account disclosure requirements with the appropriate regulations including Reg CC, Reg DD, and Reg E
  • Identify disclosure requirements and permissible activities under Right to Financial Privacy Act, Reg GG, Consumer Sales of Insurance, and Non-Deposit Investment Products.
  • Understand the risk exposure and mitigation steps banks may take to manage UDAAP compliance for the bank.
  • Recognize compliance risks and disclosure requirements in advertising and marketing activities by a bank.

Compliance Question of the Week

Question: Under the Military Lending Act requirements, can we use a covered borrower identification statement to identify covered borrowers?

ANSWER:

Yes, but you will not be eligible for the Safe Harbor.  To be eligible for the Safe Harbor under the MLA, you have to identify covered borrowers using one of the methods listed in the Rule.  Those methods include:

  • verifying the status using information obtained directly or indirectly from the DoD's database; or
  • verifying the status of a consumer by using a consumer report obtained from a consumer reporting agency that compiles and maintains files on consumers on a nationwide basis or a reseller of such consumer reports (as those terms are defined in the FCRA and any implementing regulations.

 You must also follow the timing and recordkeeping requirements. 

 Reference: 32 CFR 232.5(a) & (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

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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!

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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

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Subscription

Compliance Working Papers

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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

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Subscription

Compliance Deskbook and Bulletin Service

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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

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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

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Subscription

Bank Compliance Checkup Program

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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

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