News Updates
Credit Cards: A Strategic Product Suite Enhancement
Dec. 15, 2025 Adding a bank branded credit card to your consumer and business product suite can be a strategic enhancement to deepen customer relationships and increase non-interest income. A credit card product can expand services per household and create cross-selling opportunities for deposit accounts, loans or other services. Turnkey credit card programs allow your ...
Compliance Corner – Suspicious Activity Reports (SAR)
Author: Beth Seals On an annual basis the Financial Crimes Enforcement Network (FinCEN) publishes SAR statistics from the prior year. [1] The report is in excel and can be downloaded for review. There are nine tabs with specific information on each tab. The first tab is the number of SARs filed by month and year ...
Selecting the Right Credit Card Program for Your Bank
Oct. 10, 2025 Is it time to evaluate your bank’s credit card program? If you have been considering adding or re-evaluating a bank credit card program, you may be researching the type of program that will best fit your bank’s strategic goals — a bank-owned program or an agent model. Both options provide advantages depending ...
Compliance Corner: Compliance Regulation Reminders for 2025
FDIC Logo Federal Deposit Insurance Corporation (FDIC) adopted a final rule to amend Part 328, which governs the FDIC logo. The amended rule has modernized the sign for digital channels. The new digital sign must be on bank websites, mobile apps, and ATMs. The rule requires banks to place the new digital sign “clearly and ...
Compliance Corner: OFAC Clearing
Much of Compliance involves navigating rules while still serving your customers in a beneficial and efficient manner. When it comes to OFAC, there’s not much room for error. Missteps can have serious consequences. As of 10/17/2024 there have been five civil money penalties totaling $32,590,943.00¹. When we have a new system or are trying something ...