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Today is: December 15, 2018  
 

Bankers' Compliance Group® (BCG) is an organization of dozens of independent banks, savings associations, credit unions and other financial institutions who have associated for the purpose of retaining and sharing legal counsel for group legal services.

BCG, celebrating over 35 years of service, shares the cost of legal fees on a pro rata basis for monthly briefings, newsletters, all-day seminars, Standard Procedures Manuals, telephone access to legal counsel, and special projects that are of common interest to members of BCG.

The law firm of Aldrich & Bonnefin, PLC acts as legal counsel for BCG and provides expertise in all areas of banking operations, consumer, mortgage and commercial lending, regulatory compliance, corporate governance, negotiable instruments, legal processes and new account documentation.

"BCG is a valuable resource for Logix Federal Credit Union. As a 10 year member, Logix continues to benefit from the tremendous value offered in BCG training seminars and reference resources (the Standard Procedures Manuals and online Compliance Companion®). The BCG crew not only provides great service, several of their attorneys have volunteered their time providing training to the Credit Union Compliance Professionals Group. Thank you!."

Patricia Batka, Logix Federal Credit Union, Burbank, CA

"Bankers’ Compliance Group® is truly a valuable resource for change management and maintaining an overall sound “Culture of Compliance.” In this ever-changing regulatory environment, it is impossible to read and comprehend the many laws and regulatory mandates needed to avoid compliance deficiencies and shortcomings that could lead to possible regulatory and/or civil enforcement actions. Here at FNBSC, we know we can rely on the knowledge and expertise of the BCG Staff, along with the tools provided through our membership, to answer our questions and enhance our compliance knowledge. We cannot fully express the many benefits we have gained and realized through our membership in the Bankers’ Compliance Group.®"

Evelyn Witt, First National Bank Southern California, Riverside, CA


Congress Extends NFIP Until December 21st

As BCG previously reported, the National Flood Insurance Program (NFIP) was set to expire on December 7, 2018. On that expiration date, President Trump signed Joint Resolution H.J. 143, extending NFIP funding through December 21, 2018. The law firm will continue to monitor and report on the status of the NFIP program. Read more.

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