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The OCC announced the new asset size thresholds for CRA examinations. Beginning 1/1/16, the new asset size for intermediate small bank is $1.216 billion (down from $1.221) with a small bank requiring assets of $304 million (down from $305 million). These amounts represent a decrease from last year thresholds as a result of the -0.42 decrease in the CPI. [1/8/16]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video