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Regulatory Compliance

A risk-based pragmatic approach to compliance management is applied to all lending and deposit areas, other products or issues, and across departmental lines – assisting institutions comply with a myriad of laws and regulation under Regulations A to Z, AA, BB, CC, DD.  A thorough review of your institutions compliance management systems.  Assessing its quality and effectiveness and providing management with sound recommendations for improved operational efficiency.  Once we have an understanding of your organizational structure, a stratified transactional sampling and testing technique is applied to all operational, lending, and deposit areas  in accordance with the following:

·         Formalized compliance policy and procedure

·         A review of consumer complaints and respective response.

·         Disclosures and calculations for various product offerings.

·         Documentation and retention.

·         Posted notices, marketing literature, and advertising (triggering terms).

·         Consumer and small business CRA performance and fair lending review..

·         HMDA-LARs / CALL/TFR report

·         Content of website / application processing

·         Electronic banking review

·         Privacy of consumer financial information.

·         Fair and Accurate Credit Transaction Act of 2003 – identity theft prevention program – Supplement A to the guidelines and 26 “red-flags”

·         OFAC

·         Consumer Leasing and Regulation M

·         Insider Loans

·         Fair Debt Collection Practices Act

·         USA Patriot Act

At the audit completion and exit interview is held with appropriate and designated management personnel to review our findings and make recommendations for improvement.  A comprehensive report is prepared, forwarded and disseminated to senior management and the board of directors.


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