Episode 55
Episode 55 Helen Touchton, Independent BSA/AML Consultant Helen Touchton, Independent BSA/AML Consultant, provides listeners with practical advice for navigating audits and exams, including that effective audits are fast-paced and require organization and responsiveness from both the auditor and the bank. She lists common audit issues and highlights the highest risk findings that should concern BSA…
Episode 54
Episode 54 Matthew Largent, SVP of Retail at City National Bank Matthew Largent, SVP of Retail at City National Bank, tackles servant leadership in this week’s episode of Banking Matters. He shares how his military background helped shape his approach to leading and serving others, the significance of perception change in employee accountability, and the…
Episode 53
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 52
Episode 52 Jeff Swenson, the retail banking chief at Eastern Connecticut Savings Bank In the latest installment of Banking Matters, Daniel Baker engages in a conversation with Jeff Swenson, the retail banking chief at Eastern Connecticut Savings Bank. They discuss the importance of the upcoming generation of individuals joining the banking industry and how community…
Episode 51
Episode 51 Shawn Tuma, Partner at Spencer Fane LLP Shawn Tuma, Partner at Spencer Fane LLP, reflects on the evolution of “incident response” from the Y2K scare to today. He describes the steps institutions must complete after a cybersecurity incident occurs, including determining the pervasiveness of the incident. Shawn then introduces the concept of a…
Episode 50
Episode 50 Jenifer Waller, President and CEO of the Colorado Bankers Association. In this episode of Banking Matters, Daniel interviews Jenifer Waller, President and CEO of the Colorado Bankers Association. They discuss Jenifer’s background in banking, her passion for lowering the number of unbanked and underbanked individuals, and the unique challenges and opportunities of marijuana…
Episode 49
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 48
Episode 48 Olga Gladkova, Vice President and BSA officer at Northwest Bank. Olga Gladkova, Vice President and BSA officer at Northwest Bank, discusses the impact of geopolitical events on financial institutions and the importance of CDD and EDD. She highlights the challenges of dealing with false positives in OFAC screening and the need for robust…
Episode 47
Elizabeth Schroeder, VP of Regulatory Compliance at Washington Trust Bank, confronts regulatory change management across business lines. She emphasizes the importance of relationships between the first and second lines of defense, shares her methods for relationship development, and reminds compliance professionals to stay humble in post-implementation testing.
Episode 46
Michele Carfello, Vice President of Member Relations at the Texas Bankers Association, engages in a conversation with Daniel concerning strategies for banks to become better acquainted with their state bankers associations. Their discussion highlights the pivotal role of sustained engagement, explores the supportive functions provided by the TBA to its member banks, and outlines the advocacy efforts undertaken by the Association on behalf of banks within the state and in some cases even beyond its borders.
Episode 45
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 44
Elizabeth Schroeder, VP of Regulatory Compliance at Washington Trust Bank, confronts regulatory change management across business lines. She emphasizes the importance of relationships between the first and second lines of defense, shares her methods for relationship development, and reminds compliance professionals to stay humble in post-implementation testing.
Episode 43
Elizabeth Schroeder, VP of Regulatory Compliance at Washington Trust Bank, confronts regulatory change management across business lines. She emphasizes the importance of relationships between the first and second lines of defense, shares her methods for relationship development, and reminds compliance professionals to stay humble in post-implementation testing.
Episode 42
Levi Rogers, IT System Administrator at Exchange Bank, introduces the role artificial intelligence (AI) plays in security practices and proposes ways AI could increase efficiency in different bank departments. He chronicles sound security practices, including the principle of least privilege, continuous testing, and vendor monitoring.
Episode 41
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 40
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 39
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 38
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 37
Ed Burdzinski, Of Counsel at Spencer Fane LLP, dives into the history of the beneficial ownership rules and the Corporate Transparency Act. He contrasts the beneficial ownership and CDD rules banks currently operate under with FinCEN’s new final Reporting Rule as well as the current status of the proposed Access Rule, and yet to be issued Conforming Rule to conform the current CDD to the Corporate Transparency Act requirements. Ed discusses banks continuing to follow the current CDD rules until FinCEN releases the final Access Rule and the Conforming Rule.
Episode 36
Alesha Paulsen, BSA Officer at Honor Bank, shares her intentional path into BSA and how to be a detective when reviewing suspicious activity. She explains her method for keeping fraud top-of-mind for frontline staff and provides an example of different parties involved in a transaction working together to protect vulnerable customers.
Episode 35
Guy Davis, President & CEO at Marion Community Bank, discusses building culture and rebranding the bank, in particular as the institution was experiencing strong growth over a relatively short period of time. Guy details how the Bank developed its vision, mission, and values, despite challenges in the loan portfolio and during a time of high product and service development to better serve customers. He explains how to navigate different markets with different needs and how an institution should target its marketing efforts accordingly. Unmatched service and innovative solutions are what set the Bank apart and take customer service one step further, he says. Annual employee engagement surveys, net interest margin compression, talent attraction and retention, and regulatory compliance pressure are just some of the other topics in the conversation.
Episode 34
William “Pat” Huttenbach, a litigation attorney at Crain, Caton & James, P.C., boasts an impressive track record, spanning more than 25 years, dedicated to assisting banks in navigating and litigating matters related to Uniform Commercial Code (UCC) Articles 3, 4, and 4A. In a candid dialogue, Pat and Daniel delve into some of the strategic considerations that banks should adopt when approaching UCC issues, review valuable insights into the process of making claims and recovering losses stemming from fraudulent checks, and dig into the nuanced terrain within the UCC’s definitions sections, which often represent a legal grey area of significant consequence.
Episode 33
Michele Carfello, Vice President of Member Relations at the Texas Bankers Association, engages in a conversation with Daniel concerning strategies for banks to become better acquainted with their state bankers associations. Their discussion highlights the pivotal role of sustained engagement, explores the supportive functions provided by the TBA to its member banks, and outlines the advocacy efforts undertaken by the Association on behalf of banks within the state and in some cases even beyond its borders.
Episode 32
Sheldon Hendrix, Senior Vice President at First Community Bank, boasts a wealth of over 22 years of experience within the banking industry, with 19 of those dedicated to the critical areas of regulatory compliance and risk management. In a collaborative conversation, Sheldon and Daniel take a look into the dynamic journey of advancing within the banking sector, breaking down the process of acclimating to roles without prior experience, and dissecting the intricate mechanisms involved in resolving multifaceted regulatory challenges.
Episode 31
Calvin Dunning, the Director of Community Development at FirstBank, and Daniel discuss community outreach strategies, how the bank’s initiatives are aligned with the Community Reinvestment Act (CRA), Fair Lending practices, and various approaches to minority lending. Their discourse delves into the correlation between responsible community engagement and its potential to not only benefit the community but also generate heightened sales and open new market opportunities for the bank.