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

mortgage application

Clarifying the Joint Intent Requirements at Application

By | May 22, 2019

Joint intent exceptions are a common finding in our compliance reviews. We have found that there are misconceptions on what constitutes joint intent and how it should be documented; most of the questions come from commercial versus consumer mortgage loan officers. Many of the questions we are asked include: Isn’t the joint financial statement enough …

Clarifying the Joint Intent Requirements at Application Read More »

couple shaking hands with lender

Fair Lending and Marketing in the Digital Age

By | May 2, 2019

There’s an old saying, “You don’t know what you don’t know” and that is certainly true when it comes to marketing initiatives meshing with the world of fair lending. The clash of both worlds and the often-divergent priorities have caused regulators to put this intersection under a microscope. A key fact today is that marketing …

Fair Lending and Marketing in the Digital Age Read More »

mobile home

Financing Manufactured Homes Without Land

By | April 10, 2019

The financing of manufactured homes is a niche market. Not all banks offer this type of financing because of the varying underwriting requirements, risk and limited salability of this type of loan. As a bank begins to investigate manufacturing home lending, it is often focused on prudent underwriting and the safety and soundness for this …

Financing Manufactured Homes Without Land Read More »

loan agreement

Understanding REMA

By | February 26, 2019

A common acronym being discussed more and more in fair lending circles is REMA. The goal of this article is to establish a better understanding of what REMA is and how it can impact your bank. REMA is defined as the Reasonable Expected Market Area, which is the geographical area the regulatory agency believes a …

Understanding REMA Read More »

clock with coins

2019 Regulation E Claim Calendar

By | February 20, 2019

These days, losses from Regulation E error claims are accepted by many institutions as the cost of doing business. Many institutions are relying more heavily upon internal and/or third-party fraud detection and prevention resources. But as you know, managing risk of loss is just part of the story. Regulation E compliance and financial risk continues …

2019 Regulation E Claim Calendar Read More »

cybersecurity

Cybersecurity: A Quick Overview in 5 Easy Steps

By | February 12, 2019

Part 1 of a 6-Part Series Network security, once thought of as an IT issue, is now Cybersecurity. A name change was necessary to keep up with the times, but no matter what it is called, is it still just an IT issue? We don’t think so. A shift in thinking and a different perspective …

Cybersecurity: A Quick Overview in 5 Easy Steps 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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