Specialties
Data Validation
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
CFPB’s UDAAP Is Seriously Looking for Illegal Discrimination Practices
The Consumer Financial Protection Bureau (CFPB) announced on March 16, 2022, the added scrutiny of illegal discriminatory practices within its examination procedures for Unfair, Deceptive, Abusive Acts and Practices (UDAAP). The CFPB considers that illegal discrimination practices based on services or products can cause consumer harm; therefore, UDAAP should be included with the other Fair […]
Regulatory Updates – 2021
It’s challenging for every Compliance professional to stay on top of the small and big changes to existing and new regulatory requirements. As you partner in compliance, we are introducing a new feature to our Regulatory Compliance Manager (RCM) Service – Quarterly Regulatory Updates. This is A Better Way for you to keep track of […]
When the Tide is Against You
Over the past several months, the banking industry has experienced tremendous loan origination volume. While increased loan production is a good thing, it is important for Compliance Managers to stay cognizant of rising risks. Pressure, whether from peers or self-imposed, to push loans through leads to a breakdown in controls that are caused from procedural […]
The Great Debate — Is This a Finance Charge?
If only there was a simple answer! Unfortunately, this seemingly simple question can be endlessly debated due to the complexity of Regulation Z. §1026.4(a) states that a finance charge is the cost of consumer credit as a dollar amount. It includes any charge payable directly or indirectly by the consumer and imposed directly or indirectly […]
Meet your Community’s Credit Needs for Fair Lending – Utilizing Regulation B’s Special Purpose Credit Program
“What are you doing to ensure diversity, equity and inclusion (DEI)?” That question routinely comes up during conference calls among us, clients, and regulatory agencies. Businesses, educational institutions, and non-profit organizations all are focusing on DEI. Financial institutions are no exception. In fact, regulatory agencies emphasize the importance of DEI in written communications about the Fair […]
CRA Public File Reminder
April 1st is known as April Fools’ day and a time to play tricks and pranks. But did you know on April 1, 1748, the Ruins of Pompeii were rediscovered by Spaniard Rocque Joaquin de Alcubierre? Guess it is time to rediscover the CRA Public File and make sure nothing ancient is inside! By now […]
