The Community Bank is under siege!

Your partners at Superior Consulting realize that the community bank is under siege from an unprecedented volume of new regulation, ever increasing competition, thin profit margins, and an unusually hostile regulatory environment. Our singular mission is to provide you with Guidance You Can Trust during these troubled times in order to ensure your institution does not become yet another statistical casualty of this environment.

Consumer Compliance Review

Our consumer compliance review services provide a targeted assessment of your institution’s compliance with a range of federal consumer protection regulations. This review is designed to generally simulate the consumer compliance exam performed by your institution’s primary federal regulatory and can be an excellent tool to assist the Board and management in monitoring the status of the bank’s consumer compliance program. Due to the normal frequency of consumer compliance exams, this review service can also provide an excellent mechanism for monitoring compliance with ever-evolving regulations during interim periods between examinations. Regulations that may be included in the scope of this review include the following:

Lending Regulations:
  • Truth-In-Lending (Regulation Z) and the Homeowners and Equity Protection Act
  • Real Estate Settlement Procedures (Regulation X)
  • Equal Credit Opportunity (Regulation B)
  • Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act
  • Fair Housing Act
  • Flood Disaster Protection Act
  • Consumer Protection for Depository Institution Sales of Insurance
  • Unfair or Deceptive Acts or Practices (Regulation AA)
  • Preservation of Consumer Claims and Defenses
Deposit & Other Regulations:
  • Electronic Fund Transfer Act (Regulation E)
  • Expedited Funds Availability Act (Regulation CC)
  • Truth in Savings (Regulation DD)
  • Regulation D – NOW Account Restrictions
  • Unauthorized Internet Gambling Enforcement Act (UIGEA)
  • Privacy of Consumer Financial Information
  • Right to Financial Privacy Act
  • Advertising regulations and website review, as applicable