Remove Compliance Remove FDIC Remove Online Remove Workshop
article thumbnail

3 Ways Financial Institutions Can Step Up for Underserved Communities

Perficient

Institutions must also prioritize regulatory compliance and be vigilant about carrying out consequences when their employees breach these expectations. To offer another example of a bank consciously aimed at supporting the underserved, Forbes just recognized Quontic as the number one “best overall online bank.” Education and advocacy.

Community 275
article thumbnail

Pulling Off Inside Jobs

Independent Banker

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. 73% for compliance audits.