Search Articles
Portfolio and Loan-Level Stress Testing: Be Proactive & Examiner-Ready
Banks should consider easier and more affordable methods to conduct both portfolio- and loan-level stress testing for more comprehensive risk management.
RESPA and HMDA Violations: What to Know
In the second half of 2023, the CFPB penalized Freedom Mortgage for violating both RESPA and HMDA. Here’s what community banks need to know about complying with these acts.
Update: Check Re-Presentment Guidance
Check re-presentment fees have resulted in violations of Section 5 of the FTC Act for some banks. Will updated guidance from the federal regulators make things clearer?
Community Banks' Regulatory Guidance for Third-Party Relationships
Earlier this year, federal bank regulatory agencies released final guidance on third-party risk management for financial institutions. Here’s what community banks need to know.
Member Benefits: Tips for IT Outsourcing
For community banks that are considering or are already working with a third-party IT vendor, ICBA’s IT Outsourcing Toolkit has a collection of resources that address the process and considerations.
Leveling Up: How Community Banks Should Navigate Asset Size Growth Thresholds
As your bank grows in asset size, it’s vital to keep up with compliance regulations to meet the standards of each new threshold. By planning ahead and preparing your staff, the process can be...
How Technology Can Simplify Banks' Workflow
As compliance obligations mount, community bankers reveal the benefits regtech brings to their banks and offer tips for finding the right partners.
Tips for Better Community Bank CMS Testing
By understanding and leveraging compliance management system testing, community banks can limit potential risk.
How Banks Can Approach Cannabis Compliance
For community banks that are interested in or are already working with cannabis-related businesses, understanding compliance guidelines surrounding that sector is vital. We spoke with experts on...
Q&A: Computer-Security Incident Notifications
To prevent cyber incidents, new computer-security incident notification requirements were established in late 2021, changing the way community banks need to react in case of a cybersecurity event.
A Risk Management Clinic for Community Bankers
Risk management is as important a function of community banking as are loans and deposits. But are there better ways of keeping on top of risks that are constantly emerging and changing? Step into...
Compliance Vault: The Ultimate Compliance Resource
With a vast library of Q&As, select online courses and informational documents, Compliance Vault is a valuable resource for all your regulatory compliance questions.
Strengthening your compliance management program
Wells Fargo was heavily fined for mismanagement of multiple functions, demonstrating the importance of having an effective compliance management system.
Updates to the beneficial ownership rules
Starting in 2024, banks will be required to collect beneficial ownership information on accounts they maintain. Here’s what’s changing and what it means for community banks.
2022 regulatory compliance review
While the creation of new compliance regulations was slow this year compared with years past, some regulations were implemented as expected, and some continue to evolve.
Tips for a successful PPP audit
Many community banks embraced the Paycheck Protection Program, building new relationships and deepening existing ones. While the onus of forgiveness is on the borrowers, PPP lenders need to be...
Why diversity and inclusion matters to regulators
This year, many businesses have prioritized diversity and inclusion. But what are regulatory agencies doing to track and enforce diversity and inclusion (D&I) in the financial industry?
7 best practices to help avoid audit missteps
An audit tells a community bank whether it’s adhering to regulations and objectives. However, a lack of preparation and poor scoping techniques, among other factors, can lead to wasted time. Here’s...
Ways to avoid flood insurance compliance violations
Avoiding flood insurance-related violations requires understanding loans, notifying customers and/or assessing insurance coverage requirements.
Internal audit: in-house or third-party?
An internal audit reveals opportunities for improvement across the board, making your community bank safer and more efficient. Take a look at the pros and cons of conducting an internal audit...