Operations Compliance Services

ACH
The ACH audit is designed to meet the annual independent ACH audit requirement by NACHA. Our ACH audit program uses the recommended National Automated Clearing House Association audit guidelines. Our audit reviews incoming ACH activity, originating ACH activity, and compliance with the federal government Green Book guidelines, and evaluates internal controls for an ACH/EFT department.
Advertising
The Advertising audit is designed to determine whether the bank's advertising is in compliance with requirements of, Fair Housing Act, Equal Credit Opportunity Act, Truth in Lending, and Truth in Savings Act.
Auditor on Call
Our Auditor On Call (AOC) is available to compliance and internal audit clients to answer banking questions that arise. Our auditors are up-to-date on latest regulations, trends and banking news to provide your bank with quality answers - and quickly.
Bank Secrecy Act
The BSA/AML, OFAC, CIP, and USA PATRIOT Act annual audit is designed to determine whether the bank has established operating standards that ensure compliance with the regulations and to mitigate risk.
Bank Secrecy Act Semi-Annual
The BSA semi-annual audit is designed to ensure that Currency Transaction Reports, Monetary Instrument Logs, and Suspicious Activity Reports are completed as required by law.
Compliance Checkup
The Compliance Checkup is designed to test a sample of areas of compliance regulations to verify compliance.
Compliance Consulting
Compliance Consulting is designed to provide consulting services to work directly with and provide training for the bank’s Compliance Officer.
Compliance Management
The Compliance Management audit is designed to determine the effectiveness of policies and procedures in place to ensure compliance with laws, regulations, and rulings.
Compliance Risk Assessment
The Compliance Risk Assessment is designed to evaluate the banks internal system and to assign a level of regulatory risk. The assessment will assist the bank in establishing an appropriate audit program according to risk.
Community Reinvestment Act
The Community Reinvestment Act (CRA) audit is designed to ensure that the bank has appropriate policies and procedures in place to ensure compliance with the Community Reinvestment Act.
Directors Examination
The Directors Examination is designed to perform a Directors’ Examination in accordance with minimum agreed-upon procedures from Chapter 10 of the Oklahoma Banking Code, Sub Chapter 7, Section 85:10-7-1 through 85:10-7-3.
Information Security Program
The ISP audit is designed to assess the quantity of risk and the effectiveness of the institution’s risk management processes as they relate to the security measures instituted to ensure confidentiality, integrity, and availability of information and to instill accountability for actions taken on the institution’s systems. The objectives and procedures are divided into Tier 1 and Tier II: Tier I assesses an institution’s process for identifying and managing risks. Tier II provides additional verification where risk warrants it.
NDIP
The NDIP audit is designed to verify compliance with regulatory guidance and verify that proper internal controls are in place over the NDIP function.
Privacy
The Regulation P audit is designed to verify that the bank has appropriate procedures in place to ensure compliance with Regulation P and to verify compliance with the regulation.
Regulation CC
The Regulation CC annual audit is designed to determine the adequacy and accuracy of the compliance function as it relates to Expedited Funds Availability Act and Check Clearing for the 21st Century Act (Check 21).
Regulations DD, D & GG
The Regulation DD, D, and GG audit is designed to verify that (1) the bank has procedures in place to ensure compliance with all provisions of the regulations, (2) the bank provides all required deposit account disclosures to consumers on a timely basis and that the disclosures are accurate, (3) the method used to pay interest is permissible and calculations are correct, (4) advertisements are not misleading or inaccurate and include all required information.
Regulation E
The Electronic Funds Transfers (Regulation E) audit is designed to determine the adequacy and accuracy of the compliance function as it pertains to Electronic Funds Transfers.
Regulation V
The Regulation V audit is designed to determine whether the bank has appropriate policy and procedures for an adequate Identity Theft Prevention Program policy and procedures, and proper procedures for handling change of addresses and address discrepancies on credit reports.
Right to Financial Privacy Act
The Right to Financial Privacy audit is designed to verify compliance with the Right to Financial Privacy Act.
Security
The Security audit is designed to determine whether the bank has an adequate security policy, procedures, and devices to discourage robberies and other crimes, and to assist in the identification and apprehension of persons who commit such acts and to verify compliance with with applicable laws and regulations.
Social Networking
The Social Networking audit looks for regulatory compliance of Bank's social networking sites.
Vendor Management
The objectives of the Vendor Management audit are designed to assess the effectiveness of the institution's risk management process as it relates to the outsourcing of information systems and technology services; determine the effectiveness of policies and procedures in place related to third party vendors and to ensure compliance with laws, regulations, and rulings.
Website Compliance
The Website Compliance audit is designed to determine if the bank’s website is in compliance with applicable rules and regulations.