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


Apr 22, 2024 | NewsWatch Today
FinCEN: $27B in elder financial exploitation reported by financial institutions

Financial institutions reported $27 billion in suspicious activities linked to elder financial exploitation from 2022 to 2023, according to the Financial Crimes Enforcement Network.

Apr 19, 2024 | NewsWatch Today
ICBA whitepaper explores trends in fair lending and redlining practices

A new ICBA whitepaper provides an in-depth look at current trends in fair lending and the scrutiny of redlining practices.

Apr 9, 2024 | NewsWatch Today
CFPB reports on credit reporting violations as it considers rulemaking

The Consumer Financial Protection Bureau issued a report on accuracy problems in the credit reporting system.

Apr 8, 2024 | NewsWatch Today
CFPB monitoring use of mortgage discount points

The Consumer Financial Protection Bureau said it is monitoring the increase in homebuyers paying “discount points” in recent years.

Upcoming Compliance Training
May 7, 2024 | Institute - Live

BSA/AML Institute

Jun 3, 2024 | Webinar

Q2: Regulatory Compliance Updates

Jun 4, 2024 | Institute - Livestream

Compliance Institute

Compliance Question of the Week

Question: Under Regulation O, are there exceptions to the general aggregate limit for insiders?

ANSWER: 

The general aggregate limits do not apply to the following:

  • Extensions of credit secured by a perfected security interest in bonds, notes, certificates of indebtedness, or Treasury bills of the United States or in other such obligations fully guaranteed as to principal and interest by the United States;
  • Extensions of credit to or secured by unconditional takeout commitments or guarantees of any department, agency, bureau, board, commission or establishment of the United States or any corporation wholly owned directly or indirectly by the United States;
  • Extensions of credit secured by a perfected security interest in a segregated deposit account in the lending bank; or Extensions of credit arising from the discount of negotiable or nonnegotiable installment consumer paper that is acquired from an insider and carries a full or partial recourse endorsement or guarantee by the insider, provided that:
  • The financial condition of each maker of such consumer paper is reasonably documented in the bank's files or known to its officers;
  • An officer of the bank designated for that purpose by the board of directors of the bank certifies in writing that the bank is relying primarily upon the responsibility of each maker for payment of the obligation and not upon any endorsement or guarantee by the insider; and
  • The maker of the instrument is not an insider.
  • The exceptions in paragraphs (d)(3)(i)(A) through (d)(3)(i)(C) of this section apply only to the amounts of such extensions of credit that are secured in the manner described therein.

Reference: 12 CFR 215.4(d)(3).

 
 

 

 


 

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

Compliance Certificate Program

Online Certificates

This certificate program consists of four critical learning areas (29 total courses). Each course includes an exam and then one final comprehensive exam at the end. This program takes approximately 20 hours to complete.

The Compliance Certificate is for individual learners only and is not available for bank-wide use. Purchasers of the individual certificate will have access to the program for 365 days from the date of purchase. Certificates cannot be transferred to another user.

Course Listing:

Area 1: Lending

  • Introduction to Lending Compliance
  • Regulation Z: Overview
  • Regulation Z: Closed-end Credit (Non-Real Estate)
  • Regulation Z: Closed-end Credit (Real Estate)
  • Regulation Z: Open-end Credit (Non-Real Estate)
  • Regulation Z: Open-end Credit (Real Estate)
  • RESPA: Overview
  • Regulation B: Equal Credit Opportunity Act - Overview
  • Regulation B: Adverse Action
  • Fair Lending: Overview
  • Home Mortgage Disclosure Act: In Depth
  • Flood Disaster Protection Act
  • Regulation O: Insider Lending – In Depth
  • Military Lending Act

Area 2: Deposits

  •  Introduction to Deposit Compliance
  • Regulation E: Overview
  • Regulation E: Liability & Error Resolution
  • Regulation DD: Truth in Savings Act in Depth
  • Regulation CC: Funds Availability Act – In Depth

 Area 3: Operations

  • Understanding UDAAP
  • Regulation BB: Community Reinvestment Act
  • Red Flags Identity Theft Prevention Program
  • Regulation P: Consumer Privacy – In Depth
  • FCRA: Affiliate Marketing
  • FCRA: Overview
  • FCRA: Risk Based Pricing

 Area 4: BSA

  • Bank Secrecy Act – BSA & Compliance Officers
  • Bank Secrecy Act – Red Flags
  • Bank Secrecy Act – Customer Due Diligence & Beneficial Ownership

CPE Credits: 21

$499 / ICBA Members

$1,499 / Non-Members

Buy Now