How does Aldrich & Bonnefin, P.L.C. interplay with BCG?
Aldrich & Bonnefin, P.L.C. act as legal counsel for BCG. Aldrich & Bonnefin is comprised of experienced lawyers from all fields of banking and general business practice. The firm has been serving the California financial community for over 25 years, offering a comprehensive range of services to banking and business clients.
What is the difference between BCG and BCGI?
BCG is an association of independent banks organized to receive group legal services. On the other hand, Bankers’ Compliance Group, Inc. (BCGI) is a subsidiary of Aldrich & Bonnefin, P.L.C. BCGI provides banking-related consulting services in the areas of HMDA and CRA compliance, including training, auditing, public file review and drafting and reviewing internal CRA programs and procedures.
Can a financial institution outside of California enjoy any of the services offered through BCG?
Yes. A non-member outside of California, as well as inside California, can purchase the entire set or any one of the 20-set manual in hard copy, the entire 20-set manuals in electronic format, and attendance at the all-day seminars at non-member rates. For a price list for these products, contact Chris Saia at (949) 553-0909.
Likewise, can a financial institution outside of California use the services of BCGI?
Yes. Unlike BCG, BCGI is corporation providing consulting services nationwide on various federal regulations. BCGI's analytical, consulting, mapping and geocoding services are provided on a nationwide basis. In fact, BCGI can geocode loan, deposit and branch data throughout the entire nation.
Is the price of the Compliance Companion® 20 Standard Procedures Manuals in electronic format different for a member than a non-member?
Definitely. As a member, a financial institution receives a cost savings of over $1,000 for the purchase of the Compliance Companion®.
When a financial institution purchases the Compliance Companion® 20 Standard Procedures Manuals in electronic format, what is it buying?
A financial institution is really purchasing an annual subscription to the manuals in electronic format. The subscription includes monthly updates to the manuals and a five-user license.
As a BCG member, if a financial institution orders the Compliance Companion® 20 Standard Procedures Manuals in electronic format, does it still receive the manuals in hard copy?
Yes. The Compliance Companion® is a separate and distinct product from the BCG membership. As a BCG member, a financial institution would still receive up to five hard copies of the manuals when employees of the institution attend the all-day seminars.
As a BCG member, how many employees can a financial institution send to the all-day seminars?
Through the BCG membership, a financial institution can send up to 20 employees to the all-day monthly seminars located at eight different locations throughout the state of California.
How many free legal telephone questions are included in the BCG membership?
The BCG membership includes, among many other things, three free legal telephone questions each month.