September 21, 2021
Compliance Update – September 2021
TRID Disclosure Timing What is TRID? TRID is an acronym made up from other acronyms.…
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,…
August 20, 2021
Compliance Update – August 2021
Regulation II – Debit Card Processing Description: The Federal Reserve Board (FRB) has published proposed…
August 17, 2021
Understanding the Automated Clearing House (ACH)
Most consumers and businesses have used ACH payments before, whether for recurring payments or bulk…
July 19, 2021
Compliance Update – July 2021
2021 IRS Form Changes BMA has received the updates and changes to the IRS forms…
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…
June 24, 2021
Compliance Update – June 2021
The Federal Financial Institutions Examination Council (FFIEC) has announced that it will proceed with two…
May 19, 2021
New President/CEO – Adam Weight
Press Release For Immediate Release Salt Lake City, Utah May 19th, 2021 Utah Based Financial…
May 13, 2021
Compliance Update – May 2021
April 09, 2021: Federal regulators issued a joint statement addressing how risk management principles in…