828-252-4036 info@bankexam.com

BSA/AML Compliance Solutions for Community Financial Institutions

Maximize Compliance, Minimize Cost

Monitoring

The weakest part of a compliance program is often a failure to monitor performance – and to document the ongoing compliance effort. Read more >>>

Training

Training is far more than a review of the reg’s technical requirements. Training should produce a “safety mindset,” so that you begin building a compliance “culture” in your institution. Read more >>>

Risk Assessments

A risk assessment should be done at least annually.  But there are special occasions that should trigger a BSA/AML risk assessment, never mind how long it’s been since the last one. It should be a living thing, always on your mind. Read more>>>

Policy and Procedure Writing

The first step in satisfactory compliance is developing a written policy and procedure. We have templates, based on the regulator examination handbooks, that we customize for your institution. Read more >>>

Exam Response

Misunderstandings or miscommunications might cause negative examination criticism that will require both an evaluation & written response including a detailed “plan of remediation”. Read more >>>

Software Evaluations

Effective software can greatly improve compliance and make the process much more efficient. But, there is a dark side: much of the software is very expensive, the initial implementation burden is heavy and the resulting reports may generate far too information that is of little value. Read more >>>