Summing It Up

By
Picture of Bruce Rumbold

Bruce Rumbold

Manager | Risk Advisory Services
What’s New With BSA/AML Risk Assessments and the Bank Secrecy Act?
By Bruce Rumbold on June 10, 2020

I recently attended a very informative webinar by BankWebinars.com regarding the April 2020 update to the BSA-AML Examination Manual. While I had read the update, essentially a re-format...

Continue Reading
PPP and Your FDIC Assessment
By Bruce Rumbold on May 13, 2020

The FDIC announced proposed rule-making yesterday to provide relief for potential increases in a bank’s FDIC deposit insurance assessment as a result of holding loans in the SBA’s Paycheck...

Continue Reading
Interim Final Rules for Bank Liquidity Coverage Ratios
By Bruce Rumbold on May 6, 2020

While we are all familiar with the Paycheck Protection Program (PPPLF - a loan facility created by the Federal Reserve under the CARES Act), the Federal Reserve Bank of Boston will...

Continue Reading
New Guidance Aims to Help Institutions and Consumers Navigate Mortgage Process Efficiently
By Bruce Rumbold on May 1, 2020

April 29, 2020 The CFPB has issued some new guidance surrounding mortgage originations. This guidance is designed to help both financial institutions and consumers get through the...

Continue Reading
Fair Lending Compliance Programs and Policies are Under the Regulatory Microscope
By Bruce Rumbold on January 4, 2018

What does you Fair Lending compliance program look like and how will the regulators view it? Regardless of size, regulators are turning up the heat on fair lending compliance requirements...

Continue Reading

Stay up to date