Regulatory Compliance Consulting
Stay on top of the unprecedented number of federal consumer protection requirements and avoid financial penalties, regulatory constraints, litigation, and a tarnished reputation. LarsonAllen can help your bank comply with emerging and existing regulations. We focus on areas receiving the most examiner scrutiny, so you can focus on your business.
What's on your mind?
- Keeping track of ever-changing regulations
- Obtaining proactive advice on the impact of new requirements and immediate answers to questions
- Minimizing risk of regulatory violations, enforcement actions, and lawsuits
- Carefully managing website content and advertisements, so nothing is released before a compliance review
- Limiting the burden on your people and your bottom line
Regulatory compliance consulting services for banks
- Quarterly onsite compliance testing of areas such as:
- Regulation Z—Truth in Lending Act (TILA)
- Real Estate Settlement Procedures Act (RESPA)
- Regulation C—Home Mortgage Disclosure Act (HMDA)
- Regulation B—Equal Credit Opportunity Act (ECOA)
- Secure and Fair Enforcement for Mortgage Licensing Act (SAFE)
- Flood certification and insurance
- Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act (FCRA/FACTA)
- Regulation P—Privacy of Consumer Financial Information
- Regulation DD—Truth in Savings Act (TISA)
- Regulation CC—Expedited Funds Availability Act (EFFA)
- Regulation E—Electronic Fund Transfer Act (EFT)
- BSA/AML/OFAC independent testing
- Website compliance review
- Participate in compliance committee meetings
- Quarterly compliance newsletter
A noticeably different experience
Our professionals specialize in assisting banks with compliance issues of all types. For a reasonable fee, our tailored services can bring you peace of mind by helping your bank confidently tackle various regulatory requirements and manage risk. You will receive quarterly onsite visits where we personally help identify compliance violations and assist with correcting them.
You can count on LarsonAllen to be your resource after we’ve left your business. You’ll have unlimited access to consultants throughout the year via phone and email to assist with everyday questions. Our relationship will remain steady no matter how turbulent the environment.
Contact us for more information.