What is VCM?
VCM is an outsourced compliance management solution that delivers expert support and allows you to reduce your bank’s risk and expenses.
Through our VCM program, we provide short-term or temporary help and solutions to specific compliance management and support challenges you face. We also offer full or partnered management of your CMS.
For more than a decade, we’ve provided VCM solutions for countless banks with unique requirements.
When you’re a VCM client, we assign an experienced, qualified compliance professional to work with you and your team. That person also serves as your liaison, connecting you to all of TCA’s compliance professionals and subject matter experts.
Visits can be either onsite or offsite or in a combination that fits your needs. We can adapt quickly to overcome unanticipated obstacles, whether they stem from changes within your bank or the world at large.
VCM helps you reduce risk and delivers A Better Way to manage your compliance challenges quickly and affordably.
Key Deliverables Include:
- Support to develop, implement, and manage an effective CMS
- Keep management and staff abreast of critical regulatory changes
- Immediate advice on critical issues through your assigned VCM
- Monthly meetings to discuss ongoing compliance concerns, address action items, establish next steps
Want to learn more?
Please send an email to [email protected] or call 800-934-REGS for more information.
Compliance Insights
Regulatory Updates – Third Quarter 2023
Below is a link to the Regulatory Updates as of the end of Q3. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. You can download the updates in a PDF form here.As always, TCA is here to help with A Better Way to answer all your […]
“ARM” Yourself for Volume Increase and Avoid Common Compliance Pitfalls
Part 2 of a 3 Part Series In our last article, TCA recapped items necessary for origination and proper disclosure of ARM Loans. In this second article, we will review the requirements for complying with underwriting requirements unique to Adjustable-Rate Mortgages. Underwriting ARM Loans While banks are required to comply with the Ability-to-Repay standards in […]
Regulatory Updates – Second Quarter 2023
Below is a link to the Regulatory Updates as of the end of Q2. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. You can download the updates in a PDF form here. As always, TCA is here to help with A Better Way to answer all […]
“ARM” Yourself for Volume Increase and Avoid Common Compliance Pitfalls
Part 1 of a 3 Part Series For many years, we have experienced a low interest rate environment and originated predominantly fixed rate mortgages. Well times are changing – with the increase in interest rates, the popularity of Adjustable-Rate Mortgages is gaining momentum. We might be a little “rusty” in the process of originating and […]
FDIC Doubles Down and the OCC Jumps in On the Overdraft Discussion
The history of overdraft guidance goes back to 2005 with the Joint Guidance on Overdraft Protection Programs. The FDIC followed up with the Overdraft Payment Programs and Consumer Protection Final Overdraft Payment Supervisory Guidance in 2010 and the FDIC Overdraft Payment Program Supervisory Guidance FAQ in 2011. In 2019, the FDIC provided more information relating […]
FDIC Name Change – Updated, Again
On August 8, 2022 in the Federal Register (and a correction on August 12) the FDIC reported they had renamed the Consumer Response Center to the “National Center for Consumer and Depositor Assistance”. This Division is referenced in the Fair Housing regulation at 12 CFR 338 and in the Consumer Protection in Sales of Insurance […]
