Learn about the basics of consumer lendingExplore marketing consumer loans
Gain an understanding of how institutions make consumer lending decisions based on the five C’s of credit
Review the basics of consumer loan structure, support, documentation, and compliance with an auto loan, RV loan, and HELOC as examples
Apply consumer lending through “case studies”
Overview of guidelines and issues critical to CRE appraisalsThe five minimum standards and what they really mean
Types of reviews, as suggested by the guidelines
Administrative/compliance review, plus a sample checklist
Technical/internal review, plus a sample checklist
Outside/third-party review, plus sample comments
Ideas for setting dollar limits
Ideas for screening for Uniform Standards of Appraisal Practice (USPAP) as of Jan. 1, 2020
Appraisal review outcomes and when to request revisions
The mechanics of credit push fraud: How fraudsters exploit weaknesses in electronic payment systemsACH Rule Updates: New requirements designed to mitigate fraud risks, including their impact on your operations.
RTP Rules and Compliance: Specific guidelines and best practices to protect against fraud in real-time payments
FedNow Fraud Prevention: Explore the built-in security features and rule requirements aimed at safeguarding instant payments
Practical Strategies: Implementing effective fraud detection and prevention measures across your payment systems
Statement on the Purpose of an AML/CFT Program RequirementInserting the Term “CFT” Into the Program Rules
Defining “AML/CFT Priorities”
“Effective, Risk-Based, and Reasonably Designed” AML/CFT Program Requirements
Risk Assessment Process
Identifying and Evaluating ML/TF and Other Illicit Finance Activity Risks
Review of Reports Filed Pursuant to 31 CFR Chapter X
Other Components of an Effective, Risk-Based, and Reasonably Designed AML/CFT Program
Reopening closed accountsGiving customers information on their accounts promptly
Recurring overdraft fees
Authorize positive settle negative on debit cards and overdrafts
Regulation E: Stop payments, error investigation, and resolution
Transfers from savings on overdrafts
Regulation DD on product changes
Deposit Disclosures: What ownership types get what?
FDIC digital logo changes effective May 1
Update on beneficial ownership
Old practices – affidavits of loss on CDs
Handling POAs, estates, and trusts
An overview of the Accounting Standards Codification (ASC) and the concept of Generally Accepted Accounting Principles in the United States (U.S. GAAP) and the role of the Financial Accounting Standards Board (FASB)Examples and exercises to illustrate accounting transactions for major asset, liability, equity, income, and expense items will play a significant role in the learning experience
Discussions related to basic and important internal controls with description of why controls are important to the overall accounting and financial reporting process of the institution
The basic concept of consolidation accounting with sample eliminating entries will be provided
Take-away accounting exercises will be provided to participants after each session
The presentation materials and the extensive exhibit take-aways provide a future reference source to all participants on the accounting topics covered
What are the HSA contribution limits for 2025?
How are employer and employee contributions reported?
What do we do if a customer contributes too much to an HSA?
How do we replace funds for overpayment due to a medical procedure?
What happens to the HSA when the owner dies?
How do we handle online transfers between HSA and non-HSA accounts?
What happens if an HSA account is overdrawn?
Objective:This session focuses on the relationship building process to identify how to gain the trust of your client, gain a larger share of wallet, and present solutions that solve your clients’ needs. Key Skill Transfers/Takeaways: Mastering pre-call planning. Learning to call virtually or in-person on the right (most profitable) clients and prospects. Building relationships with […]
Proposed AML/CFT Program ChangesBeneficial Ownership Update
SAR Decision-Making
Writing a Good SAR Narrative
Customer Identification Program and Customer Due Diligence
High-Risk Customers and the Questionnaire
314a and 314b
Record Keeping – funds transfers and monetary instruments
The legal requirements to create a right of setoff
The difference between a contractual right of setoff and a statutory right of setoff
The differences between setoff, garnishment, and foreclosure of security interest, and why these terms are frequently misused
What happens when a third party is competing with your financial institution’s right of setoff
How the automatic stay in bankruptcy affects the right of setoff
A bi-monthly update to help you keep up with changes and deadlines in the compliance area in a quick and easy format.
Review effective commercial loan write-upsDiscuss types, styles, and components parts
Cover the financial analysis section
Assess the company’s strategic plan and management’s strengths/ weaknesses
Analyze the risk assessment and mitigation section as a summary of the loan presentation
Summarize the concepts by reviewing three loan write-ups
An overview of the Accounting Standards Codification (ASC) and the concept of Generally Accepted Accounting Principles in the United States (U.S. GAAP) and the role of the Financial Accounting Standards Board (FASB)Examples and exercises to illustrate accounting transactions for major asset, liability, equity, income, and expense items will play a significant role in the learning experience
Discussions related to basic and important internal controls with description of why controls are important to the overall accounting and financial reporting process of the institution
The basic concept of consolidation accounting with sample eliminating entries will be provided
Take-away accounting exercises will be provided to participants after each session
The presentation materials and the extensive exhibit take-aways provide a future reference source to all participants on the accounting topics covered
Review federal laws we have to cover in the opening of accountsLearn the different ownership types that we should set up sample signature cards and screenshots for
You will receive a checklist for documents for every type of business and nonprofit accounts
How to set up a manual like this if you are in more than one state
What questions should we ask and research for state law purposes
You will receive a template to start the hard work and lots of guidance to help you in the process
Documents required upon the death of an individual
Actions to be taken on deposit accounts owned by the decedent
How to deal with the decedent’s estate or lack thereof
How to handle death as a default on a loan
Mortgage servicing rules that impact consumer mortgage loans after death
What to know about doing business with the borrower’s estate
Analyze your listening skills and identify areas of strength and areas for improvementExamine the five key principles of active listening
Gain skills in reading and interpreting body language to identify nonverbal cues
Develop the ability to stop interrupting and refrain from making premature judgments
Explore the “magic skill” of validation and how it elevates trust in a relationship
What is an appraisal? What is an evaluation? What is the difference?
What are the requirements of an appraisal? What does it look like?
When must we get what? Exemptions, threshold amounts, and evaluations (including when you don’t need anything at all)
Selecting the appraiser: Who does this? Who can do it?
Board of Director responsibilities and the approved appraiser list
Appraiser selection criteria – licensed vs. certified
Independence of the appraisal function
Readdressed and transferred appraisals
RC: How to report your loan portfolioRI: Properly reporting loan income
RC-C: Loan classifications and type codes
RC-C: Memoranda: Reporting modified loans
RC-K: Reporting average balances of loans
RC-L: Reporting unused commitments and letters of credit
RC-M: Reporting insider loans
RC-N: Reporting past due loans, non-accrual loans, and modified loans
RI-B: Charge-offs, recoveries, and changes in the ACL
RI-C: Reporting the ACL
PROGRAM INFORMATION Patti Joyner is returning to lead our compliance experts through the various updates in BSA and AML. Expand your sta?’s understanding and expertise in some of the most critical skills they will ever possess – skills that can protect your profits in these very challenging times of tight margins and sustained high expectations! Exam […]
RC: How to report your loan portfolioRI: Properly reporting loan income
RC-C: Loan classifications and type codes
RC-C: Memoranda: Reporting modified loans
RC-K: Reporting average balances of loans
RC-L: Reporting unused commitments and letters of credit
RC-M: Reporting insider loans
RC-N: Reporting past due loans, non-accrual loans, and modified loans
RI-B: Charge-offs, recoveries, and changes in the ACL
RI-C: Reporting the ACL