Prompt Corrective Action – Compliance Guru • FFIEC Guidance

Are You Ready for the New BCM Handbook?

Take the Quiz

Moving Beyond the ACET: Next Steps

Get a Copy

Role of the Information Security Officer

Get a Copy

By Tom Hinkel | In From the Field

Material Loss Reviews: Does responsibility = liability?

I asked in my previous post whether or not the regulators should share any of the blame when institutions fail, and if so, should they shoulder any of the liability? The thought occurred to me as I was reviewing some recent Material Loss Reviews. A Material Loss Review (MLR) is a post-mortum written by the […]

By Tom Hinkel | In Hot Topics

FDIC Sues Bank Directors (again)

On June 19, 2009 Cooperative Bank in Wilmington, NC was closed by the North Carolina Commissioner of Banks and the FDIC. Federal banking regulators are now suing Cooperative Bank’s chairman and eight members of the board of directors for more than $145 million for negligence and breaches of fiduciary duty. One of the FDIC’s assertions […]

Stay up to date with these pandemic resources for community banking.See COVID-19 Resources