Compliance Services

Compliance Services

ACH Audit – A review is conducted of your ACH program using NACHA operating rules and guidelines. The audit will focus on management oversight, policies and procedures, staff training, record retention, ACH origination agreements, and transaction testing.

BSA Audit – A review is conducted of your BSA/AML program using federal and state consumer compliance regulations. The audit will focus on management oversight, policies and procedures, staff training, record retention, and transaction testing.

Directors’ Exams – A review is conducted of your financial condition, including your balance sheet and income statement, using safe and sound banking practices. The review will focus on management oversight, policies and procedures, and transaction testing. Exams are available for banks under $500 million in total Assets.

Lending Compliance Audit – A review is conducted of your lending compliance program using federal consumer compliance regulations. The audit will focus on management oversight, policies and procedures, staff training, consumer disclosures, and transaction testing.

Deposit Compliance Audit – A review is conducted of your deposit compliance program using federal consumer compliance regulations. The audit will focus on management oversight, policies and procedures, staff training, consumer disclosures, periodic statements, and transaction testing.

Interest Rate Risk Review – A review is conducted of your interest rate risk management program using regulatory guidance. The review will focus on adequacy of data input into the software and reasonableness of assumptions.

Home Mortgage Disclosure Act (HMDA) Review – A review is conducted using federal consumer compliance regulations. The audit will focus on management oversight, policies and procedures, consumer disclosures, and transaction testing.

Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act Audit – A review is conducted of your mortgage licensing program using federal consumer compliance regulations. The audit will focus on management oversight, policies and procedures, staff training, and transaction testing.