Banking is the most highly regulated industry in the United States. In fact, regulations affecting these banks have increased exponentially over the past few years. As a result, the costs associated with regulatory compliance have also grown for institutions of all sizes. However, noncompliance, even if inadvertent, can result in much higher costs and expenditures of staff time.
The August 13, 2014 webinar was led by Scott Polakoff, former FDIC Regional Director and Office of Thrift Supervision Chief Operating Officer and covered the following topics: most cited MRA categories (and how to avoid them), credit administration, problem asset resolution (including strategies for loan classification), loan concentrations, changing ALLL methodology, corporate governance (policies, audit, and modeling assumptions), 7 steps necessary for a positive exam and the FDIC "Request for Review" versus "Appeal" process.
Contact your relationship manager or email us at email@example.com with any questions.