Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Two banks opened in 2000 were shuttered on Friday, becoming the 7th and 8th banks to fail this year. With nearly $300 million in assets and seven branches, The Bank of Georgia was closed, the first failure in about three months. The FDIC sold the bank to Fidelity Bank of Atlanta. The much-smaller Hometown National Bank in Washington, with $5 million in assets and one location, was also closed, with its deposits sold to Twin City Bank. [10/5/15]
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