From specialized reviews to enterprise-wide solutions

BFG customizes a program to address your bank’s specific compliance requirements. We work with your internal compliance staff to ensure policies are current and create policies and procedures for establishing sound compliance strategies. We work to fill the gaps in your compliance knowledge and programs, structuring and implementing cost-efficient support from specialized reviews of compliance with a specific law or regulation to enterprise-wide solutions. Our comprehensive approach includes:

  • A complete assessment of your compliance program, including transactions and reporting
  • Testing to uncover areas of weakness
  • Establishing and maintaining up-to-date compliance policies and procedures
  • Recommending corrective actions
  • Implementing recommendations
  • Training bank personnel on compliance issues and practices
  • Keeping staff current on new and changing laws and regulations
  • Preparing the bank for its regulatory examinations

We review your compliance program and develop policies and procedures to ensure that your compliance practices meet federal standards. Our consultation extends to all consumer compliance-related banking laws and regulations. Our lending and deposit transaction testing is thorough and broad-based. When we find compliance violations, we work with you to implement corrective actions. Our expertise extends to assistance in resolving problems or concerns cited in regulatory examinations or expressed in more formal written agreements or regulatory enforcement actions.

We become the bank’s compliance partner, available and accessible to you and your staff. We are on-site in your bank on schedule, and can be reached by phone or email every business day. And we are proactive, providing updates on laws and regulations, and staying close to your program to ensure you remain current and compliant with all federal consumer regulations.

We get your bank compliant on the complete spectrum of federal consumer laws and regulations, including:

  • Bank Secrecy Act
  • Right to Financial Privacy Act
  • Regulation P-Privacy
  • Truth-in-Lending act
  • Real Estate Settlement Procedures Act
  • Expedited Funds Availability Act
  • Truth-in-Savings Act
  • Fair Housing Act
  • Equal Credit Opportunity Act
  • Unfair or Deceptive Acts or Practices
  • Fair Credit Reporting Act
  • Home Mortgage Disclosure Act
  • Electronic Fund Transfer Act
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