Vincere Technology, LLC offers bank consulting in Waco, Texas, and surrounding areas based on years of experience in the industry.
Fair Lending Risk Assessments
Our staff has over 20 years of bank experience focused on consumer compliance. We have worked directly with banks that have been referred by the FDIC to the Department of Justice for violations of ECOA and FHA. Our staff has experience in performing regression analysis, as well as developing a comprehensive Fair Lending Risk Assessment.
Bank Secrecy Act Annual Review
Our staff includes a former BSA Officer with over 15 years experience in developing and implementing successful BSA programs for both national and state banks. Our BSA Annual Review will provide your institution with the required independent review for the Board of Directors. The penalties of non-compliance with BSA are severe – don’t expose your staff and directors to costly CMPs.
Red Flags Risk Assessment
The Fair Credit Reporting Act requires an annual “red flags risk assessment” to ensure risks are mitigated within your institution. Our staff has developed proven policies and procedures that will keep your insitution out of regulatory danger.
Preparing for an regulatory examination is becoming increasingly burdensome. With the increasing use of questionnaires and document requests by the regulators, most of the exam is complete “off-site.” Our staff can review the examination information with you and assist in preparing the initial response. We can help ensure you have the necessary policies and procedures in place, as well as, understand the information being requested.