Pub. 5 2024 Issue 6

Online & Live Bank Training Webinars for December 2024 and January 2025

Congratulations to the banks celebrating December anniversaries as chartered institutions!

Artificial intelligence has become the buzzword for financial services, but it’s moved beyond just hype. Today, community bankers and their partners are experimenting with AI‑like tools in the predictive and generative space to support business objectives, including chatbots to offer 24/7 customer support, monitoring transaction data to spot suspicious activity, underwriting loans and more. Therein

Over the past year, we have seen at least 27 Bank Secrecy Act (BSA) enforcement actions from an array of financial institution supervisory agencies. Banks of all sizes, including community banks, continue to be hit with cease and desist (C&D) orders, formal agreements, consent orders and even civil money penalties (CMP).

ICBA LIVE – Nashville – March 11-14, 2025

Recently, financial institutions are facing large losses as a result of a growing fraud scheme. It is important for institutions to understand this fraud scheme and know how to protect themselves from potential losses.

n today’s constantly evolving regulatory environment, staying informed is crucial. The CBC Program keeps your bank ahead of the curve with up-to-date insights on ever-changing regulations and offers expert guidance for structuring and maintaining a robust in-bank compliance program.

Well, it finally happened. After increasing short-term policy rates at the fastest pace in modern history and holding them there for more than a year, the Federal Reserve reduced the federal funds rate by 50 basis points (0.50%) in September to kick off an eagerly anticipated rate-cut cycle.

Please consider making a contribution to CB PAC to protect the future of community banking in Kansas.