FinCEN’s recently released statement on BSA Due Diligence for Independent ATM Owners and Operators make it abundantly clear that their primary concern is knowing the source of cash. While the…

For 40 years, the Sheshunoff Affiliation Program has helped bankers by offering a platform for the sharing of ideas, networking and opportunity development. The Fall 2022 Sheshunoff Chief Executive Officer Affiliation Program will…

With ever increasing focus from the regulators on how banks and credit unions are managing their various systems in place for detecting suspicious activity whether it’s within an anti-money laundering…

By Rick Elton, Managing Director of Sheshunoff & Co., Investment Banking A volatile 1st quarter of 2022 came to a disappointing end, with major stock indexes suffering their worst performance…

Flood violations can sneak up on financial institutions. Underlying risks are often not readily apparent until a triggering event occurs that makes everyone pay attention, like a change in flood…

An effective Compliance Management System, or CMS, is integral to the success of any financial institution’s compliance program.  As the financial landscape is ever-changing, it’s important to keep in mind…

Matthew Hovis, CAMS, CFE, CPP, Sheshunoff Risk Management‘s Director of BSA/AML Services, shares an update, as of March 30, 2022, on what your institution needs to know and do about…

For 40 years, the Sheshunoff Affiliation Program has helped community bankers by offering an educational platform enhanced by the sharing of ideas, networking and opportunity development. We are thrilled to announce a…

The financial services industry is constantly evolving and Chief Financial Officers face situations that call for an understanding of current regulatory, legislative and accounting procedures and practices. The importance of…

By: Matthew Hovis, CAMS, CFE, CPP, Director of BSA/AML Services On December 7, 2021, FinCEN issued a Notice of Proposed Rulemaking (“NPRM”), for the purpose of establishing beneficial ownership reporting…