Discover the secret to transforming branch operations, as two credit union leaders share how they empower their tellers and branch staff to connect with members, not just count cash.
The purpose of this article is to briefly review some of the key points of the Private Flood Insurance Rules.
On April 1, 2020, the CFPB issued its Statement on Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation V in Light of the CARES Act.
With all the recent flooding incidents in the country, it may be useful to review some of the steps to determine the amount of flood insurance for each collateral improved piece of real estate located in a special flood hazard area (INCLUDING ABUNDANCE OF CAUTION OR INCIDENTAL COLLATERAL) or for a LOAN SECURED BY A MOBILE HOME located in a special flood hazard area (whether or not loan is secured by the real estate).
COVID or not, things continue to roll along in the financial services industry. As a result, perhaps a review of some of the most common lending area compliance questions or potential pitfalls is in order. The goal of this article is to focus on just a few on the consumer side of lending.
With so much focus on Consumer Compliance documentation, on occasion it can be useful to step back and take a look at some of the most common commercial compliance documentation questions/potential pitfalls. Here are just a few documentation items for consideration.
Mark your calendars: all remaining financial institutions will adopt CECL, and they will reserve day-one exposure on January 1, 2023.
Join NXTsoft and Skyway Capital to discuss the top five considerations for a credit union to purchase a bank. Register for the free webinar!
NXTsoft, the leading provider of data & image migrations to the financial industry, released its quarterly review of industry merger & acquisition data for Q1 of 2020.
For financial services leaders in the know, e-signatures offer many advantages, convenience, and security among them. But as the coronavirus pandemic rages unabated, e-signatures now ensure business flows smoothly when branch visits and the like are an impossibility. Michael “Mike” Ball, VP of Markets & Strategy for IMM, explains how even as COVID-19 exacts an economic toll, the e-signature has assumed a positive role.
NXTsoft is proud to announce that Peter Inge, Vice President of Finance, is being recognized as a Birmingham Business Journal ‘Rising Star in Money!’
NXTsoft is offering our Compliance Education courses – perfect for financial institutions. The training library includes video-based compliance courses that are animated to maximize retention.
We hope that you, your family and your employees are safe and healthy during this COVID-19 Pandemic. At NXTsoft we are doing our part to flatten the curve and fully transitioned our workforce to work from home since March 16th.
