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