Bank Policies: A Working Guide to Regulatory Compliance

Regulatory compliance costs the banking industry hundreds of millions of dollars every year. And now the new risk management guidelines mandate that you have policies and procedures for everything from credit risk to liquidity risk. Even interest rate and legal risks must have their own policies and procedures.

Bank Policies: A Working Guide to Regulatory Compliance is your blueprint for developing and implementing the policies mandated by the regulators. Guidelines and sample materials help save hours of time and help ensure that your bank has effective, proven policies that have been implemented by banks just like yours.

Policies include:
•  Underwriting Standards
•  Identity Theft
•  Electronic Banking
•  Problem Loans
•  Social Media
•  Foreclosures
•  Private Banking
•  Strategic Planning
•  Asset/Liability Management
•  Debit Cards
•  Capital and Dividend Planning
•  Customer Privacy
•  CRA and Fair Lending Laws
•  Investments
•  Loan Review and Credit Scoring

The Bank Policies manual has been structured to meet the needs of different users — from policy developers to those supervising or evaluating the work of others. Policy developers will find that this book will help them to organize their approach to bank policy and to ensure that specific areas are covered and analyzed during the policy development process.

For those managing the development process, this manual will help in reviewing the effectiveness and adequacy of your bank policies — whether you are testing to see if a particular area is covered by a policy, determining whether a policy contains the information required, assessing the scope of a policy, or ensuring that a policy meets the requirements of regulatory agency examiners.