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OCC Emphasizes Risk Management Lifecycles in 2025 Supervisory Priorities

OCC Emphasizes Risk Management Lifecycles in 2025 Supervisory Priorities

The risk management life cycle is front and center for operational and compliance risk in the OCC’s 2025 supervisory priories for banks .

Nov 5, 2024 6 min read
Reducing Risk with Consumer Complaint Management

Reducing Risk with Consumer Complaint Management

The only thing worse than a consumer complaint is a consumer complaint that’s ignored and never addressed.

Oct 31, 2024 4 min read
What is Dynamic Risk Management and How Does It Work?

What is Dynamic Risk Management and How Does It Work?

Learn how dynamic risk management (DRM) can help financial institutions update risk assessments and address evolving compliance risks.

Oct 17, 2024 4 min read
Advice for Compliance Officers: How to Foster Productive Business Relationships

Advice for Compliance Officers: How to Foster Productive Business Relationships

How can compliance professionals build productive relationships with the board, management, and business units? You can find out in our new article.

Oct 1, 2024 3 min read
Top 10 Reasons Why Compliance Officers Deserve to Be Celebrated

Top 10 Reasons Why Compliance Officers Deserve to Be Celebrated

What does a compliance officer do at a bank? In this blog, we explain what they do along with 10 reasons why they deserve to be celebrated.

Sep 26, 2024 3 min read
8 Red Flags Indicating Potential Fair Lending Risk

8 Red Flags Indicating Potential Fair Lending Risk

When assessing Fair Lending risk, it’s not just what your FI is doing, but what it’s not doing. These 8 red flags may indicate potential Fair Lending risk.

Sep 24, 2024 4 min read
Poor HMDA Data Collection Costs Bank $12 Million

Poor HMDA Data Collection Costs Bank $12 Million

You know you need to collect HMDA data. But how many Code 2s and Code 3s can you report in a LAR? Read more to find out.

Dec 5, 2023 4 min read
Best Practices for Out-of-State Mortgage Lending

Best Practices for Out-of-State Mortgage Lending

State regulations for mortgage lenders are constantly evolving. Discover what you need to do as you expand your lending.

Nov 30, 2023 4 min read
Ask the Examiner: Your Exam Questions Answered by a Former OCC Examiner

Ask the Examiner: Your Exam Questions Answered by a Former OCC Examiner

Two former OCC examiners answered banker questions about how to prepare for exams, stay on the good side of examiners and overcome common exam challenges.

Nov 16, 2023 12 min read
November 2023 Regulatory Update: CRA, the CFPB and the Latest on Climate Risk

November 2023 Regulatory Update: CRA, the CFPB and the Latest on Climate Risk

Here are the latest compliance news, insights, and enforcement actions of November from the regulatory compliance expert team of Ncontracts.

Nov 14, 2023 3 min read
Community Reinvestment Act (CRA)  Final Rule: Preparing Your Bank for CRA Modernization

Community Reinvestment Act (CRA)  Final Rule: Preparing Your Bank for CRA Modernization

The Agencies have issued their final rule for CRA modernization. What does your bank need to do to prepare for these changes?

Nov 9, 2023 7 min read
2023 Regulatory Enforcement Actions

2023 Regulatory Enforcement Actions

A recap of enforcement actions in 2023 including deceptive banking practices, third-party oversight, redlining, BSA/AML, credit concerns and other issues

Nov 2, 2023 8 min read
October 2023 Regulatory Update: CFPB news, cannabis banking, more fair lending litigation, and a few final rules

October 2023 Regulatory Update: CFPB news, cannabis banking, more fair lending litigation, and a few final rules

Get the latest regulatory compliance news, updates, and insights from Ncontracts. News about the CFPB, fair lending litigation, and final rules you can’t a…

Oct 4, 2023 4 min read
3 Things Compliance Officers Should Do to Prepare for an Exam

3 Things Compliance Officers Should Do to Prepare for an Exam

We'll share 3 actions the best compliance officers take, and 6 steps for Fair Lending exam prep. If you have an upcoming exam, you need to read this.

Sep 7, 2023 4 min read
Emerging Risks in Banking 2023

Emerging Risks in Banking 2023

What does the survey data tell us about the emerging risks in banking? Does your financial institution face the same risks?

Sep 5, 2023 5 min read
Can ChatGPT Help Your Compliance Department? Not Yet.

Can ChatGPT Help Your Compliance Department? Not Yet.

From inaccuracies to straight-up misinformation, ChatGPT can lead your compliance department astray.

Feb 28, 2023 5 min read
Credit Unions: Get Exam-Ready for 2023 with Top Takeaways from NCUA’s Supervisory Priorities

Credit Unions: Get Exam-Ready for 2023 with Top Takeaways from NCUA’s Supervisory Priorities

Find out where the NCUA will focus its 2023 credit union exams and how to prepare for them.

Jan 26, 2023 3 min read
What is Knowledge as a Service (KaaS)?

What is Knowledge as a Service (KaaS)?

KaaS solutions combine technology, data & expertise to make banks, credit unions, mortgage companies and fintechs smarter and more efficient

Jan 24, 2023 5 min read
M&A: Getting a Handle on Risk and Compliance During the Acquisition Process

M&A: Getting a Handle on Risk and Compliance During the Acquisition Process

Whether your institution is looking to acquire or be acquired, it’s important to have a good handle on risk and compliance.

Nov 10, 2022 4 min read
Lending Compliance Q&A for Lenders

Lending Compliance Q&A for Lenders

Lenders are focused on bringing in and closing loans, but they are also responsible for compliance. Here are some Q&As to help stay focused and compliant.

Nov 3, 2022 3 min read
Compliance: Cost Saver or Cost Center

Compliance: Cost Saver or Cost Center

As financial institutions look to rein in costs to compete effectively in today’s economic environment, one critical area where they must be extremely...

Jun 7, 2022 3 min read
Quiz: What Type of Compliance Officer Are You? (Stranger Things Edition)

Quiz: What Type of Compliance Officer Are You? (Stranger Things Edition)

Which character from Netflix’s hit show Stranger Things best represents your style of compliance management?

May 25, 2022 4 min read
FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

Risk management is essential to crypto innovation at banks and credit unions.

May 17, 2022 2 min read
Is Your FI Complying with Fair Lending Laws? - Leverage Analytics

Is Your FI Complying with Fair Lending Laws? - Leverage Analytics

Is your financial institution complying with Fair Lending laws? It’s a deceptively simple question with a complicated answer.

May 12, 2022 4 min read
3 Ways to Keep Your Compliance Team Happy

3 Ways to Keep Your Compliance Team Happy

The best compliance personnel are in high demand, making it more important than ever to keep your compliance team happy.

May 10, 2022 3 min read
15% of Credit Unions Have Consumer Compliance Violations. Are You One of Them?

15% of Credit Unions Have Consumer Compliance Violations. Are You One of Them?

Weak compliance management systems causing credit union consumer compliance violations

Mar 15, 2022 2 min read
Why You Need to Assess the Risk of Russian Sanctions on Your Institution

Why You Need to Assess the Risk of Russian Sanctions on Your Institution

Whether or not your institution does business in Russia, sanctions can impact your institution. Be prepared. 

Feb 28, 2022 4 min read
Lessons Learned from an $8 Million BSA Civil Money Penalty

Lessons Learned from an $8 Million BSA Civil Money Penalty

Failing to include all four pillars of a strong BSA/AML compliance program is an expensive risk management mistake

Jan 19, 2022 4 min read
Board Members: Keep an Eye on Internal Controls

Board Members: Keep an Eye on Internal Controls

Conflicts of interest can lead to financial problems if board members don’t pay attention to risk management

Jan 18, 2022 3 min read
What Will You do if Your Compliance Officer Quits Tomorrow?

What Will You do if Your Compliance Officer Quits Tomorrow?

Shield your institution’s regulatory compliance hiring from the Great Resignation with compliance management that doesn’t quit.

Jan 13, 2022 4 min read