WBA Community Bankers for Compliance Program – Session II

Program Information

With the current status of the CFPB, we have the ability to focus on subjects that do not involve dealing with the details of the latest changes. It is anticipated that the Regulatory Update will be relatively brief, allowing us the flexibility to review other portions of your compliance operation that we have not had time to discuss due to the volume of regulation.

Session II Topics

FAIR CREDIT REPORTING ACT AND REGULATION V will be the focus of the “regulatory” portion of the presentation. This regulation has been mentioned many times recently by all regulators as a compliance problem area for banks. Additionally, there have been changes to Regulation V that need our attention. We will also spend time looking at the issue of Identity Theft. The regulation offers an outline of what should be contained in your identity theft program – but those guidelines are from a long time ago. Banks should take additional actions as identity theft is becoming a bigger issue for all banks.

IMPLEMENTING CHANGE have mentioned in the past, but we now have the  opportunity to focus on this issue. Regardless of what happens politically, change is inevitable; and now is a good time to discuss steps that may make these future changes easier for your bank and staff to absorb.

REVIEWEING YOUR DEPOSIT POLICIES is a new feature in the CBC program. We will discuss what should be part of your deposit policies so that your staff has a path to follow as they implement the regulations in your bank. Many banks have a policy that states that the bank will “follow the regulation.” Regulators are requiring more detail in the policies, and this portion of the presentation will help you assure that your policies will meet regulatory requirements.

Who Should Attend?

This seminar will benefit anyone in your institution with a wide range of responsibilities. The live presentation will be useful for compliance officers, deposit personnel, auditors, and any other interested parties.

Speaker

Dale Neiss, CRCM – Consultant, Young & Associates, Inc.

Dale Neiss is a consultant with Young & Associates. With more than 30 years of banking experience in Denver, Colo., Dale has developed and implemented compliance management systems, loan review and community reinvestment act (CRA) programs, and enterprise risk management (ERM) framework for multiple banks. He has held the titles of Compliance and Loan Review Manager, BSA and CRA Officer, and Enterprise Risk Management Director. Prior to his Denver banking experience, Dale began his banking career with the Office of the Comptroller of the Currency in Indianapolis, Ind., as an associate national bank examiner. At Young & Associates., he provides consulting and training, as well as writes articles and compliance manuals. He holds the designation of Certified Regulatory Compliance Manager (CRCM) by the Institute of Certified Bankers in Washington, D.C. Dale earned a Bachelor of Business Administration degree in Finance and Management from Kent State University.