Community Bankers for Compliance Program - Membership and Session 1

$1,350 Tuesday, January 26, 2021 9:00 AM Register

Wisconsin Bankers Association (WBA) is pleased to sponsor the annual Community Bankers for Compliance Program (CBC), one of the most successful and longest running compliance training program in the country.

The CBC Program will provide your bank with up-to-date information on the ever-changing bank regulations, as well as guidance for structuring and maintaining your in-bank compliance program. In addition, it provides a forum where those responsible for regulatory compliance can discuss issues and exchange ideas with other community bankers.

Membership to the CBC Program consists of the following: 

  • Quarterly Seminars
  • Monthly Newsletter
  • Compliance Hotline
  • CBC Members-Only Web Page

Session 1 Topic:

Construction Loan Compliance

Ever since the advent of the TILA-RESPA Integrated Disclosures (TRID) a few years ago, banks have struggled with disclosing a construction or construction/permanent loan. A major part of the problem has been the inability of the Consumer Financial Protection Bureau to clearly articulate the TRID requirements. This inability has created problems for bankers, loan software companies, auditors and consultants, regulators, and most importantly – consumers. And while we have a clearer picture now, there still are questions that remain unanswered.

This seminar will discuss the variety of legal ways to structure and disclose construction and construction/permanent loans, and the impact those decisions may have on your institution and consumers. After discussing the construction product and disclosure possibilities, we will then take those possibilities and apply them to the TRID disclosures themselves.

For the TRID portion of the seminar, we will be focusing on two elements. The first will be the timing of the Loan Estimate and Closing Disclosure in a construction or construction/permanent loan. This discussion will be relatively brief, as we discussed general TRID timing requirements during our 2020 CBC presentations.

The balance of the TRID presentation will focus on the TRID forms themselves, discussing the options available and the requirements to complete the Loan Estimate and Closing Disclosure. As with the timing discussion, we will limit our discussion to those areas which carry the most TRID risk for construction and construction/permanent loans. The teaching manual will only include the information that will be discussed in the seminar. A more complete set of TRID manuals, covering all TRID requirements, will be available to attendees via the web.

The seminar will conclude with a demonstration of the relatively new FFIEC APR computational software and how to use it to validate APRs for construction and construction/permanent loans.

The subjects for the regulatory update will be determined by circumstances and releases from the various agencies.

Who Should Attend:

The focus of the CBC is on regulatory compliance. It is essential that your bank’s compliance officer attend. But because regulatory compliance should be approached from a team perspective, many banks find it beneficial to send additional employees to sessions on topics that relate directly to their positions in the bank. These employees typically come from the customer service, lending, or operations departments in the bank. To support this team effort, the CBC has been priced to enable your bank to send additional employees at a substantial savings.

Session I Agenda - The first session of CBC will be hosted virtually.

  • January 26, 2021, 9:00 AM - 12:00 PM
  • January 27, 2021, 9:00 AM - 12:00 PM


CBC Basic Program Membership (Level 1):

  • $1,350 - First representative (4 sessions)
  • $450 - each additional representative (4 sessions) 
  • $150 - each additional representative (single session)

CBC Enhanced Program Membership (Level 2):

  • $800 - additional charge to your CBC Basic Program Membership

Individual CBC Seminar Session Fees:

  • $375 - 1st representative (single session)
  • $150 - each additional representative (single session)

Click on Register to see more information on what is included in the Community Bankers for Compliance Program!


$1,350 Tuesday, January 26, 2021 9:00 AM Register