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Rick Nichols president/CEO of River Region CU, Jefferson City, Mo., called on the House to follow the Senate’s lead and pass the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). President Nichols asserts that passage would reduce the negative impact of Dodd-Frank that "adds up to $71 million every year to cover compliance costs and another $13 million in lost revenue" at his credit union. [4/19/18]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video