Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
FDIC's naughty list for the September 2019 includes First State Bank of Burnet in Burnet, Texas, which was hit for a $21,700 civil money penalty for failing to obtain flood insurance coverage on loans secured by a building or mobile home in a special flood hazard area, failing to maintain the required amount of flood insurance coverage, and failing to properly provide a notice of force placement. [10/2/19]
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