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June Treasury Reform Summary

Written by: Jeff Sullivan On June 12, 2017 the U.S. Treasury issued a position paper on regulatory reform of the banking industry. The paper follows Core Principals as have been laid out broadly by President Trump’s administration, focusing on simplification of the regulatory scheme to unlock the economy while preventing harm to the system itself and […]

Teller Cash Recyclers (TCRs)

Cash recyclers are sophisticated cash vaults that are used by tellers at branches as cash drawers, deposit boxes, as well as a regular vault where a large amount of cash is stored for the teller line. Branches with these machines do not have to transfer cash between each other or the main vault during business […]

Implementing a SOX / FDICIA Compliance Program

Background/Overview Financial institutions with assets of $1 billion or more are required to comply with the FDIC’s regulations implementing the Financial Deposit Improvement Act of 1991 (12 CFR 363, Appendix A). Similarly, publicly held companies must comply with the provisions of the Sarbanes-Oxley Act Section 404. Those regulations, among other factors, require (1) an assessment, […]

Asset Liability Management Today

Written by: Toni Molinari “It’s only a matter of time before we get higher interest rates.” Sound familiar? Most of the interest rate talk today, like this quote, is about rising rates. While this sounds like the title of a current news article, believe it or not, it’s actually the title of a Fortune magazine […]