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



Feb 14, 2024 | NewsWatch Today
Durbin announces hearing on credit card routing bill

With Senate Judiciary Committee Chair Dick Durbin (D-Ill.) announcing a hearing on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge their members of Congress to oppose the bill.

Feb 13, 2024 | NewsWatch Today
Agency council issues exam principles on valuation discrimination

The Federal Financial Institutions Examination Council issued a statement of principles related to valuation discrimination and bias for member agencies to consider when examining financial institutions.

Feb 6, 2024 | NewsWatch Today
ICBA, groups file lawsuit against CRA final rule

ICBA, the Independent Bankers Association of Texas, Texas Bankers Association, Amarillo Chamber of Commerce, American Bankers Association, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding their statutory authority with their recent Community Reinvestment Act final rule.

Feb 6, 2024 | NewsWatch Today
FinCEN renewing Currency Transaction Report control numbers

The Financial Crimes Enforcement Network published a 60-day notice to renew the Office of Management and Budget control numbers assigned to Currency Transaction Reports.

Upcoming Compliance Training
Feb 25, 2024 | Institute - Live

Compliance Institute


Feb 29, 2024 | Webinar

Banking Law 101


Mar 6, 2024 | Webinar

Q1: Regulatory Compliance Updates


Compliance Question of the Week

Question: When may a bank rely on the timing requirements of Regulation E to satisfy the disclosure requirements of Regulation DD?

ANSWER:

In general, compliance with Regulation E (12 CFR Part 1005) is deemed to satisfy the disclosure requirements of Regulation DD 1030.3, such as when:

  • An institution changes a term that triggers a notice under Regulation E, and uses the timing and disclosure rules of Regulation E for sending change-in-term notices.
  • Consumers add an ATM access feature to an account, and the institution provides disclosures pursuant to Regulation E, including disclosure of fees (see 12 CFR 1005.7.)
  • An institution complying with the timing rules of Regulation E discloses at the same time fees for electronic services (such as for balance inquiry fees at ATMs) required to be disclosed by this part but not by Regulation E.
  • An institution relies on Regulation E's rules regarding disclosure of limitations on the frequency and amount of electronic fund transfers, including security-related exceptions.
But any limitations on “intra-institutional transfers” to or from the consumer's other accounts during a given time period must be disclosed, even though intra-institutional transfers are exempt from Regulation E.

Reference: Official Staff Interpretation 1030.3(c).
 

 

 


 

Compliance Vault



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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.

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Compliance Resources



Online Training

Compliance Certificate Program

Online Certificates

The ICBA Education Compliance Certificate Program is designed to give community bankers the knowledge and skills they need to become experts in bank compliance. They will learn to explain the role of community bankers in bank compliance, identify the regulations governing community banking, and identify the requirements of the laws governing community banks.

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$1,499 / Non-Members

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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: $399
Nonmember: $499

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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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Bank Compliance Check Up

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The Bank Compliance Check Up Program provides a comprehensive system and checklists for monitoring and determining the bank’s compliance with deposit, lending, administrative regulations, and other banking laws. Also included are over 40 training agendas and quizzes!

Initial Price
ICBA Member: $499
Nonmember: $799

Annual Digital Renewal
ICBA Member: $349
Nonmember: $649

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