CCBCO case studies
CCBCO · Put your knowledge to work in context.
The Certified Community Bank Compliance Officer (CCBCO) is a professional credential for compliance staff at community banks - people who often carry the entire compliance function rather than one slice of it. It suits compliance officers, compliance analysts, internal auditors with a compliance portfolio, and operations or lending managers who own regulatory responsibilities alongside their line duties. The CCBCO case studies are 6 cases and about 5,883 words.
1The CCO Who Reports to the CFO
Riverbend Community Bank ($1.4 billion in assets, 14 branches across two states) hired its first dedicated chief compliance officer fourteen months ago. The CCO reports to the CFO, who also chairs the pricing committee and owns the lending P&L.
1,013 words, about 5 min2The 380 Open Alerts and the Friday Cash Deposits
Harborline Bank ( 800 million in assets, nine branches in a metro with a large cash-intensive business base) files roughly 60 SARs a year; its peer group median is over 100. The BSA team is one manager and four analysts.
929 words, about 5 min3The Assessment Area That Stops at the Interstate
Northgate Bank ($2.1 billion in assets) operates in a three-county MSA. County C is 44 percent minority and 38 percent low- and moderate-income.
924 words, about 5 min4Meridian's Eleven-Day Notification
Summit Ridge Bank ($3.4 billion in assets) white-labels a mobile demand deposit and debit card product for a fintech, Meridian, which handles onboarding, KYC, customer service, and marketing. Under the arrangement, Meridian's affiliate sells customer data-derived marketing segments to two retail partners.
988 words, about 5 min5Budgeted Revenue and the $12.99 Subscription
Fairview Savings ( 1.6 billion in assets) charges 34 per NSF item and 30 per overdraft, and assesses a new NSF fee each time a returned item is re-presented; the core system permits up to four re-presentments. In the third quarter, 1,900 accounts incurred three or more NSF fees within 30 days, and 210 incurred six or more.
1,024 words, about 5 min6The Third Quarter Is Clean Because the Sample Was Small
Cedar Point Bank ($950 million in assets) completed its compliance risk assessment in January and rated fair lending and BSA monitoring as moderate, deposit regulations as low, and third-party risk as low. The methodology scores inherent risk on a five-point scale and multiplies by control effectiveness, but control effectiveness is scored by the business line manager who owns the process, and no one has ever tested the controls being scored.
1,005 words, about 5 min