Regulatory Compliance Certification Program

Author: Butler, Snow, O’Mara, Stevens & Cannada, PLLC
Format/Frequency of Update: 5 Modules in 3-Ring Binders/ 3 updates annually
Price: $1599 for the Complete Series
Plus shipping and handling.
Sales Tax: for NY, TX, DC, CT orders only.

About Your Subscription

You can review this product for 30 days. Your annual subscription includes published updates at no additional charge for the 12 month subscription period. At least 3 updates are expected. If you cancel your subscription within 30 days of receipt, you will receive a full credit upon return of the product together with a request for cancellation.

Highlights How to Use This Manual Preface

Tables of Contents:
CRA/HMDA Lending Deposit Disclosure and Interest Rate Requirements Other Laws and Regulations BSA and AML

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A Certified Compliance Officer Has the Skills and the Knowledge Your Bank Needs to Ensure Compliance.
The regulators are looking for evidence that your bank puts a premium on compliance. They want to know that your compliance officer’s skills are up-to-date with the latest compliance demands.

You can give them what they’re looking for, and ensure that your bank’s compliance efforts are correct, when your compliance officer completes the Sheshunoff® Regulatory Compliance Certification Program.

Successful completion of all five modules earns your candidate certification as a Sheshunoff Compliance Officer with a certificate suitable for framing and hanging on your wall. And it’s all done right in your bank at your candidate’s own pace and convenience.

There are five modules that make up the Regulatory Compliance Certification Program. Each one covers a single key area of compliance in detail. The modules can be completed in any order, so your candidate can get up-to-speed on the issues of greatest concern to you first and tackle other modules later.

Your compliance officer does each module at his or her own pace, right in the bank. Self-paced training has proven to be an effective, and cost-effective, way to really learn a subject in detail. More is learned and retained when the training is self-paced, and the manual later becomes a handy reference to refresh the user’s memory and get fast answers.

We send you one module at a time. When the course work for a module has been completed to the candidate’s satisfaction, he or she sends for a final exam on that module. The exam is also taken in the bank and returned to us for grading. Passing grades earn a certificate for that module.

Show the Regulators Your Compliance Officer Has What it Takes.
When a regulator sees a Sheshunoff Compliance Officer Certificate hanging on your wall, it’s a sign that your compliance officer has the skills and knowledge necessary to handle today’s compliance challenges. To earn the certificate, simply complete all five modules of the Regulatory Compliance Certification Program within a two-year period.

Each module focuses on one key area of compliance, and the modules can be completed in any order (see above for detailed table of contents of each module):

MODULE 1 – CRA; HMDA
MODULE 2 – Lending

Regulation Z (Truth in Lending Act)
Soldiers’ and Sailors’ Civil Relief Act
Real Estate Settlement Procedures Act (RESPA)
Subprime and Predatory Lending
Flood Disaster Protection Act and National Flood Insurance Act
Environmental Compliance
Regulation U
Regulation M (Consumer Leasing Act)
Regulation AA (Unfair or Deceptive Practices Act/Credit Practices Rule)
Fair Debt Collection Practices Act
Homeowners Protection Act of 1998

MODULE 3 – Deposit Disclosure and Interest Rate Requirements

Regulation CC (Expedited Funds Availability Act)
Regulation Q (Prohibition Against the Payment of Interest on Demand Deposits) and Regulation D (Reserve Requirements)
Regulation DD (Truth in Savings Act)

MODULE 4 – Other Laws and Regulations
MODULE 5 – BSA and AML

Each module includes a manual with all the information you need, review questions, and chapter tests to reinforce the information. Plus, you get a full year of Updates to ensure that the candidate is learning the latest requirements.

When all five modules have been successfully completed within the two-year time frame, the candidate will receive a certificate with his or her name to show the regulators, and others, that your bank has recognized and met the serious, demanding challenges of compliance.

About the Author

Butler, Snow, O’Mara, Stevens & Cannada, PLLC, is a law firm with a department specializing in financial institutions compliance. Representing banking institutions throughout the United States, Butler Snow’s Banking and Financial Services group is led by attorneys with extensive experience as in-house counsel and with the Comptroller of the Currency (OCC). The firm serves as counsel to the Mississippi Regulatory Compliance Group (a coalition of some forty banks) and as editor of the industry’s leading compliance desk reference, Sheshunoff’s Compliance Officer’s Management Manual.

Butler Snow’s lawyers actively participate in the Banking law and Consumer Financial Services Committees of the American Bar Association and regularly represents clients in a wide range of engagements including applications for bank charters, merger and acquisition transactions, other routine regulatory applications, matters related to capital planning, preparation of loan and deposit account documentation, and consumer law compliance issues.

Butler Snow develops the regulatory compliance course curricula for the Financial Services Library. Specific contributions are made by the following individuals:

Ed Wilmesherr, Esq., is a member of the Financial Services group at Butler Snow. He concentrates his practice in the areas of banking and financial services law, banking regulation, and loan transactions. He also has experience in bankruptcy and creditors’rights, commercial transactions law, and arbitration. Prior to joining Butler Snow, Ed was a member of the legal department at Deposit Guaranty National Bank for 12 years where he served as Assistant General Counsel and Senior Vice President.
Patsy Parkin is a regulatory compliance consultant with the firm and a specialist in consumer banking law. Ms. Parkin advises hundreds of banks on lending regulations and trains many on complying with the myriad laws and regulatory compliance in consumer and real estate lending.

Just call 1-800-456-2340, or click above to order, and we’ll send you the Regulatory Compliance Certification Program along with an invoice that includes a full year of timely Updates. Please call us if you would like to order just one module.