Excellence Through Education
New Community Bankers for Compliance Program a Success Susan Poling OBL Communications Manager
Not joined this valuable program? Become a member by May 17 As a provider of top-quality education programs, it is no surprise that the nationally-recognized Community Bankers for Compliance Program – the most successful and longest running compliance training program in the country – kicked off the 2010 training calendar with a bang. More than 60 bankers attended the first quarter seminar on Fair Lending & The SAFE Act at the OBL Training Center on Feb. 19, presented by Young & Associates, Inc. – and all returned to their bank armed with a detailed and highly-coveted 220-page reference manual. These bankers will return to Columbus on Tuesday, May 18 for an intensive program on Regulation E and Open-End Regulation Z. “These CBC quarterly seminars are just one of the many benefits of CBC Program membership, but the face-to-face training is one of the most common reasons banks join,” explained Julie Kiplinger, OBL manager of professional seminars and in-bank training. “Members may also take advantage of a detailed monthly online newsletter that provides regulatory updates and a compliance calendar, as well as access to a tollfree Compliance Hotline and a CBC members-only Web page.” Dawn Kincaid, compliance officer at The Ohio State Bank, found the entire program to be “excellent” and found the best feature to be the “great manual and the useful application examples from the presenter.” Most all participants agreed with Kincaid and note the manual as a tool that will be put to use again and again. “The CBC Program is designed to assist members in getting timely answers to their questions, as well as testing techniques before they are implemented in the bank,” said presenter Bill Elliott, senior consultant and manager of compliance, Young & Associates, Inc. “In addition, each program features regulatory updates that our participants find invaluable – and that the regulators approve not only for its comprehensiveness, but also for its practicality.”
Who Should Participate? In today’s times, it is essential that your bank’s compliance officer participate in this program; however, since regulatory compliance is approached from a team perspective, it is beneficial to send additional employees from the customer service, lending or operations departments to sessions on topics that relate directly to their positions in the bank.
Pro-Rated Program Membership: April – December 2010 “We know this program is one from which every one of our member banks will benefit. But since it was new in 2010 and had an early start date – we have decided to extend an opportunity for others to join at a pro-rated CBC Program membership
24
Ohio Record spring 2010