Back to ERM Basics – ERM Policies

Back to ERM Basics – ERM Policies

All regulatory eyes are back on Enterprise Risk Management (ERM) and executives at financial institutions can expect robust ERM exams in 2023 – no tea leaves required for this one. This article will look at the foundation of an ERM Program, meaning the ERM Policy. By...
Regulatory Environment for Fair Lending

Regulatory Environment for Fair Lending

At M & M Consulting’s most recent compliance school, our President/CEO spoke at length about the regulatory environment for Fair Lending and specifically redlining risk. The announcement from Department of Justice is further evidence of stepped up enforcement....
2022 CRA NPR: A 5‐Alarm Fire in the Making for Banks

2022 CRA NPR: A 5‐Alarm Fire in the Making for Banks

Dear Banker, Readers and reviewers of the 2022 joint CRA NPR issued by the bank regulators on May 5 may be overwhelmed by the long (679 pages) and complex proposed rule-making document. Just trying to grasp the proposal is a daunting task. For sure, the NPR does...
Overdraft Fees

Overdraft Fees

In the headlines! While perhaps overshadowed by more pressing current events, overdraft fees have had their fair share of press lately.  They are a hot topic on the minds of regulators, consumers, and financial institutions.  So, what is happening to bring this...