WBA Community Bankers for Compliance Program – Session IV

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?

This seminar will benefit anyone with compliance deposit responsibilities, which may include compliance officers, deposit operations personnel, front line staff, auditors, and any other interested parties.

Session IV Topics

Regulation DD has remained on the list of “most violated regulations” for several years. While the regulation has not changed in many years, mistakes keep occurring. We will review all aspects of Regulation DD. We will then present a series of Regulation DD scenarios – some correct, but many highlighting the errors that can occur under this regulation.
We have received many recent questions regarding Regulation E error resolution. Although we have covered this regulation in the recent past, new questions have arisen, and we will discuss these new issues and the relevant portions of the regulation.

We have discussed Reconsideration of Value as part of Regulatory Update the last couple of quarters. We will focus on what the actual federal regulatory guidance is, as well as a brief look at the requirements of HUD, Freddie Mac, and Fannie Mae.

Finally, we will include a section on the changes that you will need to address in 2025-2026. While some changes will not require great effort, others could impact how you conduct at least some parts of your business. This portion of the presentation will offer a “road map” and timelines to assist you in preparing for these changes.

Our previously announced topic of Auditing TRID will be moved to 2025.

What Happened to 1071?
While we will not discuss the new Subpart B of Regulation B (1071) at this session, many commercial lending departments will find themselves dealing with 1071 in the not-too-distant future. All banks that make more than 100 commercial loans in a year will have to comply. While this may not yet apply to your bank, understanding the potential issues you might face in the future will be useful to you.

We will offer a complete review of 1071 in our first quarter session, which will be in plenty of time to fully prepare for the changes 1071 will bring your way. We will also offer an additional topic (Regulation CC) for all attendees (virtual), so that those institutions that do not believe that they will have to comply with 1071 any time soon will have a useful seminar during the first quarter. Changes to Regulation CC occur next summer, and the Regulation CC presentation will be available to all CBC members. More information in our first quarter 2025 brochure.

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.