Educational November 9, 2021 What Is a Core Conversion? If a bank determines to review its core software platform, it might decide to perform… BMA Love0
Compliance & Security Updates October 22, 2021 Compliance Update – October 2021 Changes to U.S First-Class Mail Delivery Times What’s Happening? Effective October 1, 2021, the United… BMA Love0
Educational October 7, 2021 Starting a Credit Union Starting a credit union can seem like an overwhelming process, but it doesn’t have to… BMA Love0
Compliance & Security Updates September 21, 2021 Compliance Update – September 2021 TRID Disclosure Timing What is TRID? TRID is an acronym made up from other acronyms.… BMA Love0
Educational September 14, 2021 How Much Capital Do You/I Need to Open a Bank? Organizing and starting your own bank is a massive undertaking for a variety of reasons,… BMA Love0
Compliance & Security Updates August 20, 2021 Compliance Update – August 2021 Regulation II – Debit Card Processing Description: The Federal Reserve Board (FRB) has published proposed… BMA Love0
Educational August 17, 2021 Understanding the Automated Clearing House (ACH) Most consumers and businesses have used ACH payments before, whether for recurring payments or bulk… BMA Love0
Compliance & Security Updates July 19, 2021 Compliance Update – July 2021 2021 IRS Form Changes BMA has received the updates and changes to the IRS forms… BMA Love0
Educational July 1, 2021 Bank vs Industrial Loan Company (ILC) Charters: Which Should You Start and What Are the Differences? When it comes to starting a financial institution, the variety of options available makes it… BMA Love0
Compliance & Security Updates June 24, 2021 Compliance Update – June 2021 The Federal Financial Institutions Examination Council (FFIEC) has announced that it will proceed with two… BMA Love0