What is a Peer Bank?

What is a peer bank?  A seemingly simple question that has become anything but simple to answer.  Peer banks are a hugely important item that can vastly affect the portrayal of your institution, and thus it is paramount that when you define an institution as a “Peer Bank,” you are identifying the correct organization.  There […]

Redlining: A Compliance Officer’s Primer

In today’s regulatory environment, most compliance officers are keenly aware of the fact that redlining is one of three 2017 foci for the CFPB and probably for the prudential regulators as well.  The purpose of this article is to highlight the key elements in any redlining analysis and thereby make it easier for compliance officers […]

How Model Risk Management Can Play a Leading Role in Compliance

By Arthur R. Preiss, PhD., and Stephen E. Sudhoff, CFA  Models help us think about our world in a structured way.  As credit products have become more complex and computing power has become cheaper and more accessible, analysis of more complex relationships has become easier.  And, as our world has become more complex, our need […]