Community Bankers of Iowa Monthly Banker Update February 2014 | Page 11

Risk Management
The CBC Program is a proven method to reduce the risk of
regulatory actions against your bank for reasons such as failure
to establish a valid compliance management program, failure
to establish compliance policies, failure to provide adequate
compliance training, and failure to monitor internal compliance.
In addition, with each change in regulatory compliance
regulations, there is an increased risk of inadvertent
compliance errors. The CBC Program reduces the possibility
that these errors will occur because your employees will have a
greater understanding of the regulatory requirements.

This Community Bankers for Compliance Program is
presented by Young & Associates, Inc., a nationally
recognized compliance consulting firm specializing in
community banks. In total, the consultants at Young &
Associates have published more than 30 books and several
hundred articles on banking.They provide training to more
than 2,000 bankers each year and are speakers at several
state and national conferences.

Seminar Presenter

Bill Elliott, CRCM, Sr. Consultant and
Manager of Compliance, Young & Associates, Inc.
Participant Interaction
The CBC Program is designed to assist members in getting
timely answers to their questions as well as testing techniques
before implementation in the bank. The program provides a
forum where each bank can be an active participant by asking
questions and bringing concerns and compliance techniques
for review by the group. This peer evaluation and two-way
flow of information increases understanding and improves the
bank’s effort toward a viable compliance program.
For more information about CBIs Community Bankers for
Compliance Program, visit our website at: www.cbiaonline.com.

With over 30 years of banking experience, Bill Elliott leads
the compliance department at Young & Associates, Inc.
where he conducts compliance reviews, leads compliance
seminars, conducts in-house training, and writes compliance
articles and training materials. During his career as a
banker, Bill spent 15 years as a compliance officer in a large
community bank. He has also been a lender for consumer,
commercial, and mortgage loans, and has managed
a variety of bank departments including loan review,
consumer/commercial loan processing, mortgage loan
processing, loan and credit administration, collections, and
commercial loan workout.

2014 Community Bankers for Compliance Program

Included in the program membership is: Attendance at the 2 (two-day) live regulatory seminars;
detailed manual for both live seminars and webcasts; monthly Compliance Update newsletter issued
electronically; and on-li