FINANCIAL INSTITUTION COMPLIANCE REVIEW SERVICES

Our compliance consulting services are designed to meet the ongoing demands of regulatory requirements, filings and deadlines of smaller financial institutions. TCC Consulting Services' compliance consulting professionals can complement your internal compliance staff on an outsourced basis, periodically update and train your staff on new developments, or handle all regulatory compliance needs for your institution.

Automated Clearing House

The growing use of the ACH network for payment processing makes it essential for financial institutions to ensure that proper processing and risk management tools are in place when receiving or originating ACH transactions. Our ACH review will focus on a review of related documents, policies and procedures which aim to provide reasonable assurance of compliance with NACHA requirements.

Bank Secrecy Act (BSA), Anti-Money Laundering (AML), OFAC, Customer Information Program/314(a) Information Sharing, and record retention reviews

The Bank Secrecy Act (BSA) was enacted by congress to prevent banks from being used as intermediaries in money-laundering schemes. Our services with regard to BSA/AML are:

• Risk assessment
• Policy and procedure review
• Independent testing
• Training
• Transaction monitoring and review
• Suspicious Activity Reporting (SAR) testing
• Look-back projects

Community Reinvestment Act (CRA)

The Community Reinvestment Act passed in 1977 and has been updated no less than nine times since that time and is currently under review again. However, it does not list specific criteria for evaluating the performance of financial institutions. Rather, it directs that the evaluation process should accommodate the situation and context of each individual institution. We can help you ensure that your practices will pass examination by providing the following services:

• Lending performance assessment (Home mortgage, Small business, Consumer loan portfolio)
• CRA technical compliance review
• CRA strategies recommendations
• Training
• HMDA and CRA data integrity testing

Customized Compliance Program Services

TCC Consulting Services can provide a compliance program that is tailored to the unique needs of your financial institution. We provide the tools and resources needed to ensure a strong compliance position along with the appropriate level of compliance support for your institution.

• Risk assessments
• Compliance program development
• Monitoring and testing
• Policy and procedures
• Regulatory updates
• Training
• Exam assistance
• Written reports and findings to management

Fair Lending Reviews

TCC Consulting Services can assist in the discovery of uneven customer service or inconsistent lending practices that may be interpreted as discriminatory. Our service enables you to compare the treatment of loan applicants, identify differences, prevent and correct potentially discriminatory practices, and assure equal access to loans through the following services:

• Fair lending risk assessments
• Comparative file reviews
• Transaction testing
• Training
• Policy and procedure reviews

Loan Reviews

We review criticized or classified loans, delinquencies, non-accruals, restructured transactions, new and renewed commitments and other borrower related credit exposures. We test the adequacy of the allowance for loan and lease losses as well as reviewing the organization's lending policies and procedures and overall lending process. Our review includes the credit files, internal loan reports, and testing the loan documentation for completeness and accuracy.

Training

No compliance program is complete without having the proper training in place. Compliance is constantly changing and TCC Consulting Services can help you and your staff meet ongoing regulatory compliance educational needs. From new-hire training, compliance updates, training on complex issues or on-going training needs, we can provide a training solution that fits your specific needs in all areas of regulatory compliance.

Regulatory Compliance Reviews

• Regulation B - Equal Credit Opportunity Act
• Regulation C - Home Mortgage Disclosure Act
• Regulation D - Reserve Requirements for Depository Institutions
• Regulation E - Electronic Funds Transfer act
• Regulation F - Limitation on Interbank Liabilities
• Regulation M Consumer Leasing Act
• Regulation O /Regulation W – Insider activity
• Regulation P - Privacy of Consumer Financial Information
• Regulation U – Credit by banks or persons other than brokers or dealers for the purpose of purchasing or carrying margin stocks
• Regulation X - Real Estate Settlement Protection Act
• Regulation Z - Truth in lending
• Regulation AA - Unfair or Deceptive Acts or Practices
• Regulation CC - Expedited Funds Availability Act
• Regulation DD - Truth in Savings Act
• Regulation GG – Prohibition on Funding of Unlawful Internet Gambling
• Adjustable Rate Mortgage (ARM) Loans
• Advertising Requirements
• Americans with Disabilities Act
• Bank Bribery Act
• Bank Protection Act
• Branch signage review
• Commissions or Gifts for Procuring Loans
• Consumer Complaints
• Disclosure of Financial and Other Information
• Limitations on Terms of Consumer Credit Extended to service Members and Dependents
• Fair Credit Reporting Act
• Fair Housing Act/ Fair Housing Home Loan Data Systems
• Flood Disaster Protection Act
• Homeowners Protection Act (HOPA)
• Interest on Deposits
• Interest on Loans (Usury Law)
• Interest Rate Restrictions on Insured Depository Institutions That Are Not Well Capitalized
• Investment Securities Regulation
• Lending Limits
• Loans Secured by Bank Stock
• Loans Secured by Own Stock
• Model validation
• Overdraft Protection Program
• Real Estate Loans
• Regulatory Reports
• Retention of Credit Files and Extensions of Credit
• Right to Financial Privacy Act
• S.A.F.E. Act