Archives

  1. 2022-05 May – Risk Management on Power of Attorneys

    How many power of attorney documents do you have on file? How much money is dictated by the action of an attorney-in-fact or agent? The risk of these fiduciary accounts is real. Do you have to take the document in your state? If so, how do you ensure employees are not letting agents act outside the document’s scope? The risk of managing these documents with different laws in every state is real.

  2. 2022-04 April – Managing the Risk of Court-Ordered Accounts

    The losses on court ordered accounts in this country are staggering. How much money does your institution have in court-ordered accounts? Have these accounts been set up correctly? Are your employees following the documents? Chances are your risk may be higher than you think.

  3. 2022-01 January – Fedline Security Requirements

    This Directors Education Series webinar discusses Fedline Solutions, which have been identified as critical components of the U.S. electronic payments system. Efforts to secure this system are increasing as cybercrimes continue to increase in complexity and frequency. The Federal Reserve has many layered controls and embedded security components in the FedLine service, but each organization plays a vital role in safeguarding the payment messages and information that are transmitted over FedLine. Financial institutions will be required to complete the Federal Reserve Security and Resiliency Assurance Program annually.

  4. 2021-12 December – Vendor Management 2021-2022

    This Directors Education Series webinar touches on recently proposed guidance for third-party relationships, particularly with financial technology-focused entities.

  5. 2021-12 December – UDAP/UDAAP 2021-2022

    This Directors Education Series webinar discusses UDAP/UDAAP recent developments, UDAP/UDAAP regulatory oversight, and UDAP/UDAAP best practices to ensure that your institution is free of any violations.

  6. 2021-12 December – Fair Lending Developments 2021-2022

    This Directors Education Series webinar discusses recent fair lending developments and upcoming changes in 2022. We discuss the fair lending updates and developments, identify the priorities of the new administration and regulator leadership, and review new fair lending expectations for 2022.

  7. 2021-11 November – IRA SECURE Act and Legislative Update

    With the substantial changes to IRAs in the past two years, it is hard to keep up with the new rules, revised rules, and pending legislation.

  8. 2021-09 September – Board Member Basics

    This session will explain your regulatory responsibilities and liabilities. In addition, we will discuss how to make informed decisions as you prepare for your next regulatory exam.

  9. 2021-08 August – New Ability-to-Repay (ATR) and Qualified Mortgage (QM) Rules

    The CFPB has updated amended its rules on criteria for certain consumer-purpose mortgage loans to be protected from legal action, called the “Qualified Mortgage” rules. This is due in no small part to the expiration of the so-called “GSE Patch,” which allowed some loans with excessive Debt-to-Income (DTI) ratios to qualify. This test has been replaced with a pricing standard dependent on the loan’s APR. As well, a new category of Qualified Mortgages, called “Seasoned QMs,” has been introduced, which will allow for loans with three years’ of good payment history to gain the protections. We’ll discuss these requirements and how they may impact your institution. This is due in no small part to the expiration of the so-called “GSE Patch,” which allowed some loans with excessive Debt-to-Income (DTI) ratios to qualify. This test has been replaced with a pricing standard dependent on the loan’s APR. As well, a new category of Qualified Mortgages, called “Seasoned QMs,” has been introduced, which will allow for loans with three years of good payment history to gain the protections. We’ll discuss these requirements and how they may impact your institution.

    Covered Topics
    – New Qualified Mortgage (QM) Rules
    – Types of Qualified Mortgages
    – Revised Qualified Mortgage (QM) Rules
    – The “GSE Patch”
    – New Seasoned QM Rule
    – Seasoned QM Requirements

  10. 2021-06 June – Best Practices for an Effective Review of Your Bank’s Call Report

    As a member of the Board of Directors, your role in the process of authorizing the release of the quarterly Call Report to the FDIC is not insignificant. Learn about the best practices for a director’s review and approval of the Call Report to include an assessment of the key schedules to focus on and the questions to ask of your preparation team.

    Covered Topics:
    1. Call Report Policy
    2. Inquire of Management
    3. Compare Balance Sheet and Income Statements
    4. Compare Call Reports
    5. Detailed Review