Essential Compliance Consulting & Additional Practice Areas

Specialties

Regulatory Assessment Assistance

Audit Co-Source

Periodic Compliance Quality Control

System Conversion Validation

Compliance Guidance When and How You Need It

Supporting you with in-depth skills and experience when you need an extra dose of expertise or need help with a last-minute crisis.

Miscellaneous projects and last-minute crises arise at every bank, and sometimes you need a couple of extra hands.

We're here to help you satisfy the requirement for examination reports, whether you feel confident that your program is on target and want assurances that your strategy is on track, or you worry that some aspects of your program are lacking.

Whether your team is focused on higher priorities or you need a dash of additional expertise, TCA brings you à la carte services in several categories.

Even better, we serve them up with the systematic approach that you expect from TCA.

They include:

Risk Assessment Assistance

Physical growth and expanded services are a terrific way to serve your customers and communities and build your bank.

But adding new branches and rolling out new products and services carry a risk that you need to identify first.

We consider both the big picture and the tiny moving parts of your plan to pinpoint potential trouble spots so you can address them before you cut the ribbon on your new building or launch new suites of products.

We can conduct the entire risk assessment on your behalf or field questions and act as an advisor.

Since our team has guided numerous banks—both large and small and in multiple markets and product categories—in their growth, we bring an informed, fresh perspective.

Audit Co-Source

Staffing shortages? Competing priorities?

TCA can help fulfill any of your audit commitments in all areas of consumer compliance whenever you're struggling to meet your audit deadlines.

Define your needs and preferences. Then, we’ll get the work done.

Periodic Compliance Quality Control

When you're selling to investors, you already know about the requirements for quality control.

But have you also considered a robust consumer compliance review?

You can expect us to scrutinize your files – running them through the alphabet regs, searching for red flags, and identifying potential deficiencies.

We’ll check off all the boxes for you, tell you about potential trouble spots, and explain how to protect your bank.

System Conversion Validation

It's always smart to validate the system whenever you roll out a new core or loan origination system so that documents, disclosures, notifications, and statements meet regulatory requirements.

We can step in to review system output and verify that the hundreds of responses to questions about products and services are correct and that the appropriate codes were selected.

TCA’s A Better Way ensures that you have the right resources and system capabilities in place that will support your growth and success.

Key deliverables include:

  • Helping you to develop compliance plans that allow you to satisfy requirements for examination reports.
  • Providing full-service or à la carte assistance when and how you need it.
  • Bringing you best practices and extra know-how when you’re short on time or staff.
  • Delivering peace of mind that your strategies, processes, and procedures are appropriate to your bank's risk.

 

Compliance Consulting Insights

suspicious activity report

Making SAR Narratives Error‐Proof

By , | February 22, 2018

Each SAR field is entered into FinCEN’s searchable database, so law enforcement can pull information or run inquires to aid investigations into financial and other illicit crimes. That’s why SARs are crucial. The law enforcement agencies are your audience and they need to know the whole “story” since they were not actively involved in the …

Making SAR Narratives Error‐Proof Read More »

changes ahead signs

Is Regulatory Relief Finally Happening?

By | February 20, 2018

You may think the subject of regulatory relief is not a popular one here at TCA. However, even a firm which specializes in providing solutions to manage regulatory compliance risk understands the importance of commonsense regulations, especially for community banks. We watch the legislative agenda carefully for indicators of change, but if I had a …

Is Regulatory Relief Finally Happening? Read More »

wall street

Avoid Regulation DD Pitfalls When Disclosing Introductory Rates

By | February 15, 2018

Retail bankers have to confront a robust stock market, aggressive deposit acquisition strategies from growing firms, and maybe more than three Fed rate increases coming in 2018. Increasingly more creative methods are being used to attract deposit dollars. One such method is offering higher introductory rate products to catch attention while still holding down the …

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senior man holding money

Combating Elder Financial Exploitation

By | February 8, 2018

On August 30, 2017, FinCEN issued a memorandum titled “Memorandum on Financial Institution and Law Enforcement Efforts to Combat Elder Financial Exploitation.” Elder Financial Exploitation is the improper use of an older person’s funds or assets. Assets can also include the older person’s property or belongings. When an older person is being exploited, it often …

Combating Elder Financial Exploitation Read More »

cloud computing image

What is the Cloud?

By | January 29, 2018

It’s not atmospheric, but the term is banner‐like: sky-borne and all powerful. Before we can discuss the hot topic of shared multi-tenant environment risk in our next article, we need to take a step back and address, “What is Cloud Computing?” Sure, the cloud is out there, somewhere in the unknown, or most likely hidden …

What is the Cloud? Read More »

data collection

Last‐minute 2018 HMDA Clarifications

By | January 17, 2018

The long-awaited deadline to begin collecting 2018 HMDA data is here! Banking agencies have issued HMDA guidelines on data testing and additional information on HMDA data collection. Also, the Consumer Financial Protection Bureau (CFPB) has clarified some interpretations as it has worked through numerous questions via phone calls and emails from filers. One of the …

Last‐minute 2018 HMDA Clarifications Read More »

Do You Need Compliance Help?

We’re here to review your current compliance strategy and help you find A Better Way to manage risk.

Phone

800-934-REGS

Email for Non-Confidential Information Only

[email protected]

Office Location

2021 Midwest Road, Suite 200,
Oak Brook, IL 60523

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