Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The FDIC released its list of CRA ratings for August 2019, which included one less-than-satisfactory outcome: PrinsBank in Minnesota received the dreaded "needs to improve" rating. Primary reason: poor geographic dispersion of loans in its assessment area, with no loans in low-income geographies and only one loan in a moderate-income geography. [8/7/19]
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