Community Bankers for Compliance Program – Session III

Virtual Seminar Dates
July 26 & 27, 2022
9:00 a.m. – 12:00 p.m. Each Day

Program Information

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 programs 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.

Who Should Attend?

Compliance officers, lending management, lenders and processors, and any others with responsibilities for lending should attend. Additionally, audit personnel will find this session useful.

Session 3 Topics:

Third Quarter 2022 Community Bankers for Compliance Program

Unfair, Deceptive Acts and Abusive Practices and Flood FAQ

During our third quarter presentation, we are going to discuss two diverse subjects. Both of these choices are the result of recent actions from the federal regulators.

UDAAP: Although the UDAAP rule itself has not changed significantly in recent years, there is a very intense and renewed emphasis regarding this particular rule. As part of that emphasis, the regulators have issued new interagency examination procedures, which are much more detailed than the previous versions of examination procedures. The new procedures now include items that many normally would not think about when considering UDAAP. All the regulators are getting very specific regarding fair lending, UDAAP, and similar rules to determine if your organization is doing anything that might have a negative impact on consumers. You need to respond directly to these issues by assuring that your bank does not have an issue, and that will now mean thinking “outside the box” to avoid UDAAP issues.

Flood FAQs: The second subject will be the new (over 100) Flood FAQs. In previous manuals, we have left flood questions in the manual, even though we knew that they might be slightly out of date. The last time the questions were updated was 2011, and the rule has changed a number of times since then. In this new version, some questions remain the same as they were before, but many of them have changed – and offer clarifications and give lenders an opportunity to understand exactly what is expected.

They have also reorganized the questions into subject categories, which makes it easier to find answers. The old approach was to just simply number the questions without regard to subject. As there is significant new material in the FAQs, we will work our way through each question, focusing on those questions where the answers have changed significantly from previous versions. The FAQs offer a great deal more information than the actual regulation. So, they will be worth our time and effort to make sure that everyone is completely up-to-date regarding flood issues.

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

 

Bank Member Registration:

CBC Program Members:

  • $0 – CBC Program Members
  • $150 – each additional representative (single session)

Individual CBC Seminar Session Fees:

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

Refund Policy: A refund, less a $25 administrative fee, is provided for cancellations requested on or before Thursday, July 21, 2022.

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Date

Jul 26 - 27 2022
Expired!

Time

9:00 am - 12:00 pm

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