Events

Live User Walkthrough May 2022

May 24, 2022

In this 30-45 minute session, we will demonstrate all the features of the Compliance Alliance website. During this meeting, we encourage our members to ask us about even the site’s most basic functions – after all, there are no bad questions, only bad answers. If you have any areas of focus you would like addressed…

B2B: FDIC Insurance Explained

June 07, 2022

Description: This webinar will spotlight FDIC Insurance. Deposit insurance is one of the benefits of banking at a FDIC-insured bank. It provides specific protections for depositors against the loss of their insured deposits in the event that an FDIC insured bank fails. This B2B will focus on what FDIC insurance is, who qualifies for FDIC insurance,…

June 2022 Compliance Huddle

June 15, 2022

Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations are navigating. We invite our members to share their concerns and experiences with input and guidance from the compliance professionals who host the event. Ways to Participate: Upon registration, you can submit a topic…

Developing a CMS and Risk Assessment Mitigation Webinar

June 23, 2022

Description:  Does your Bank have a CMS in place? Is it meeting regulator expectations? This Webinar will guide you through a comprehensive overview of a bank’s Compliance Management System or CMS. We will review exam expectations and ratings systems from the various regulators, as well as best practices for creating or improving your Bank’s CMS…

Effective Date: NACHA Rule on Micro-Entries

September 16, 2022

A new Nacha Rule defining and standardizing Micro-Entry formatting and practices has been passed to improve the effectiveness of Micro-Entries as a means of account validation; to better enable Financial Institutions and other parties to identify and monitor Micro-Entries; to improve ACH Network quality. Effective in two phases, though Nacha encourages all ACH Network participants…

SAFE Act – Start Date – 2022 Annual Renewal Period

November 01, 2022

An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

SAFE Act – End Date – 2022 Annual Renewal Period

December 31, 2022

An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

Effective Date: OCC CRA Final Rule January 1, 2023

January 01, 2023

SUMMARY: The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing…

Effective Date: NACHA Rule on Micro-Entries Phase 2

March 17, 2023

A new Nacha Rule defining and standardizing Micro-Entry formatting and practices has been passed to improve the effectiveness of Micro-Entries as a means of account validation; to better enable Financial Institutions and other parties to identify and monitor Micro-Entries; to improve ACH Network quality. Effective in two phases, though Nacha encourages all ACH Network participants…

Effective Date: OCC CRA Final Rule January 1, 2024

January 01, 2024

SUMMARY: The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing…

Effective Date: FDIC Final Rule Regarding Deposit Insurance Simplification

April 01, 2024

The Federal Deposit Insurance Corporation is amending its regulations governing deposit insurance coverage. The amendments simplify the deposit insurance regulations by establishing a ‘‘trust accounts’’ category that governs coverage of deposits of both revocable trusts and irrevocable trusts using a common calculation, and provide consistent deposit insurance treatment for all mortgage servicing account balances held…