Compliance Policy
Compliance Policy
FORVIS can conduct an assessment of the bank’s existing compliance policies as to whether they are inclusive and conform to the applicable regulations and/or expectations of industry guidance. We can also allocate time to include recommendations to update to conform to existing regulations.
As provided by management, the policies which may be included are as follows:
Lending
- Truth-in-Lending Act, Regulation Z
- Real Estate Settlement Procedures Act (RESPA)/Regulation X
- Home Mortgage Disclosure Act (HMDA)/Regulation C
- Flood Disaster Protection Act
- Equal Credit Opportunity Act (ECOA)/Regulation B
- Fair Housing Act
- Fair Credit Reporting Act (FCRA)/Regulation V
- Homeowner’s Protection Act (PMI)
- Unfair, Deceptive or Abusive Acts or Practices (UDAAP), Regulation AA
- Insider Lending/Regulation O
- Servicemembers Civil Relief Act (SCRA)
- Community Reinvestment Act (CRA)
- Homeownership Counseling Act
- Military Lending Act
- Secure and Fair Enforcement of Mortgage Licensing (SAFE Act)
Deposits
- Truth-in-Savings Act/Regulation DD
- Funds Availability Act/Regulation CC
- Electronic Funds Transfer Act/Regulation E
- Savings and Money Market Account Limitations/Regulation D
- Reserve Requirements and NOW Account Eligibility/Regulation D
- Garnishment of Accounts Containing Federal Benefit Payments
Other
- Consumer Privacy of Financial Information
- Right to Financial Privacy Act
- Children’s Online Privacy Protection Act (COPPA)
- Do-Not-Call, Telephone Consumer Protection Act
- CAN-SPAM and Junk Fax Laws
- Consumer Protection in Bank Sales of Insurance
- Bank Protection Act
- Unfair, Deceptive or Abusive Acts or Practices (UDAAP)
- Unlawful Internet Gambling Enforcement Act
- Electronic Signatures in Global and National Commerce Act (E-Sign Act)
