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

Risk Management Institute - Virtual

In today’s community bank, the concept of risk and managing the bank’s exposure to risk is continually top-of-mind. Designed exclusively for community bankers, the ICBA Risk Management Institute offers participants an opportunity to enrich and affirm important knowledge of risk components influencing a community bank’s function and soundness.

Minimizing risk to maximize potential is a vital initiative for every community bank. This certification program focuses on strategies surrounding bank governance, credit risk, interest rate risk, liquidity risk, operational risk, compliance risk, and legal risk.   

The program also includes comprehensive dialogue bringing all the risk elements together to discuss the necessary elements for a successful enterprise risk management (ERM) framework. 

To earn the ICBA Risk Management certification, participants must successfully complete: 

The Risk Management Pre-Course Assignment 

  • Attend the entire institute program
  • Successfully pass the certification examinations

Risk Management Institute Curriculum: 

Pre-Course Assignment: Laying the Foundation of Risk Management 

All institute participants must complete this assignment prior to the live instruction days. This assignment will be delivered electronically to all registrants in advance of the program. Participants should bring their completed assignment to class. The assignment will include: 

Introduction to Enterprise Risk Management 

  • Governance and Oversight 
  • Control Framework 
  • Risk Identification, Evaluation, Mitigation and Monitoring 
  • Risk Policies, Procedures, Limits and Reporting

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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