Insights: Financial Institutions
Going on the Offensive in Risk Management & Compliance Monitoring
Regulatory guidance for banks has become increasingly forceful. Recent developments are making it clear that should is to be interpreted as shall. Financial institutions are working to establish compliance frameworks…
How Federal Government Shutdowns Affect SBA Lending
Nearly all of us were following the news headlines or stories about the recent federal government shutdown and wondering when it would be over. While the duration and visibility of…
Mercadien Announces Managing Director and Other Promotions
The Mercadien Group is pleased to announce several executive promotions within the firm. Mr. Digesh Patel, CPA, MBA, RMA, CGMA, PSA, a director in the firm’s Government Services Group, has…
Lisa Thouin Presents on Liquidity Risk Management at FMS NY/NJ & NJBankers Assoc. CFO Conf.
The FMS NY/NJ Chapter presented a Spring Half-Day CFO Conference jointly sponsored with the New Jersey Bankers Association (“NJBA”). The event was held at the Stony Hill Inn in Hackensack,…
A World of Innovation
This article is featured in the Spring 2018 issue of NJ Banker Magazine. Stop and think about this: We keep hearing about innovation in just about every facet of our…
Tips for Complying With New HMDA Rules
Once again, banking compliance professionals are in full swing preparing for the new HMDA rules. This is the biggest change since the recent TRID rules that banks still are getting…
What You Need to Know About Website Compliance and the ADA
Banks continue to receive demand letters from attorneys claiming that their websites are not compliant with the Americans with Disabilities Act (ADA) of 1990. Should you be worried? In this…
How CRA & HMDA Disclosures May Lend Help To Your Institution
It’s that time of year again, when financial institutions are working diligently to prepare and validate their Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) filings prior to…
HMDA – Get It Right! The New Rules
The Home Mortgage Disclosure Act (HMDA)/Regulation C remains one of the top three most commonly cited laws by regulatory agencies. In 2010, Congress amended HMDA in the Dodd-Frank Act, which…
Same-Day ACH Goes Live
In today’s ever-changing world, everything is moving faster, including Automated Clearing House (ACH) transactions, i.e., electronic payments. As you may be aware, effective September 23, 2016, the National Automated Clearinghouse…