March 16, 2021
The Factors That Influence Interest Rates in 2021
The Factors That Influence Interest Rates An interest rate is essentially a fee for borrowing…
March 16, 2021
Compliance Update – March 2021
What is Cryptocurrency? Cryptocurrency (or “crypto”) is a digital currency that can be used to…
February 8, 2021
Compliance Update – February 2021
Charge for Consumer Credit Reports The Consumer Financial Protection Bureau (CFPB) has announced that the…
January 19, 2021
Compliance Update – January 2021
Regulation D – Annual Adjustments The Federal Reserve Board (FRB) has amended Regulation D (Reserve…
December 15, 2020
How to Start a De Novo Bank in 2021
Starting a bank often seems like an impossible task. In this day and age, that…
December 11, 2020
Compliance Update – December 2020
Helping Customers Through the PPP Forgiveness Process Review the rules governing the loan forgiveness process…
November 10, 2020
Compliance Update – November 2020
Documentation Question: What type of documentation should financial institutions maintain relative to providing an accommodation…
November 4, 2020
Compliance Update – October 2020
Question: Can the bank's Compliance Officer also be the OFAC Compliance Officer? Answer: Yes, the…
October 17, 2020
When Should Financial Institutions Advertise Mortgage Loans?
The real estate market is fast-paced and constantly changing. Buyers and sellers already face…
October 2, 2020
How Are Financial Institutions Affected by a Financial Crisis?
How Financial Institutions Are Affected by Financial Crises In light of the current economic conditions…