August
2007
BLC Community Bank: Compliance Training Program

All employees are given a schedule of what compliance course(s) need to be completed during each month. The same topic is covered by all employees in order to answer questions and hold discussions at weekly staff meetings. Study Guides for each course are printed and handed out just before a new course is scheduled to begin. In order to keep compliance training fun and interesting, some months a little surprise post-it note is placed into the pages of the Study Guides which simply says “If you find this note, bring it to me and redeem it for a prize.” When redeemed, he/she receives a small gift of cash, candy, etc. and kudos for the commitment they demonstrated by using the Study Guides and completing the course so early in the month.

Example of Schedule:

Bank Bribery Act

Compliance

03/31/06

Electronic Funds Transfer Act (Reg E)

Compliance

03/31/06

Consumer Privacy (Reg P)

Compliance

04/28/06

Bank Protection Act

Compliance

05/26/06

Bank Robbery

Security

06/30/06

Branch Security

Security

06/30/06

CRA for Small Banks

Compliance

08/31/06

Fair & Accurate Credit Transactions Act (FACT Act)

Compliance

08/31/06

Bank Secrecy for Tellers

BSA

09/29/06

Office of Foreign Assets Control

BSA

09/29/06

Suspicious Activity Reporting

BSA

09/29/06

Customer Identification Program

BSA

10/27/06

USA PATRIOT Act

BSA

10/27/06

Expedited Funds Availability Act (Reg CC)

Compliance

11/30/06

Truth in Savings Act - TISA (Reg DD)

Compliance

11/30/06

Note: the schedule does not require any courses in July or December –peak vacation months

Next Issue: September 1, 2007

If there are any topics that you'd like to see covered in our upcoming issues,
please send your ideas to us at feedbacktrc01@trcinteractive.com.
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