2019 FDIC Community Bankers Workshop
2019 FDIC Community Bankers Workshop
San Francisco State University - Downtown Campus • San Francisco, CA
November 7, 2019
The 2019 Community Bankers Workshop is an interactive seminar designed to help bank executive and mid-level officers, both new and experienced, stay abreast of the ever-changing business, economic, and regulatory environment. The workshop will be led by seasoned risk management and compliance field examiners and supervisors from the San Francisco Region (Region).
|Thursday, November 7|
|8:00 a.m. – 2:15 p.m.||Registration Open|
|8:00 a.m. – 8:45 a.m.||Continental Breakfast|
|8:45 a.m. – 9:00 a.m.||Introductory Remarks|
|9:00 a.m. – 10:00 a.m.||Liquidity|
|10:00 a.m. – 10:15 a.m.||Break|
|10:15 a.m. – 11:30 a.m.||Community Reinvestment Act – Breakout Room X|
|Managing Concentrations of Credit – Breakout Room Y|
|11:30 a.m. – 12:45 p.m.||Lunch and Economics Presentation|
|12:45 p.m. – 2:00 p.m.||Cyber Security/Vendor Management – Breakout Room X|
|Consumer Compliance Hot Topics – Breakout Room Y|
|2:00 p.m. – 2:15 p.m.||Closing Remarks|
This year, the workshop is very much tailored to the particular location and anticipated audience size. We consulted local field supervisors and bankers regarding topics of interest in their geographical area. As such, topics will vary from location to location. The workshop will also include a local economic update presented by the FDIC’s Division of Insurance and Research. Furthermore, in locations with anticipated high attendance, we plan to hold breakout sessions to allow for additional localized topics. Below, you will find a description of topics that we will hold throughout the Region. Please refer to the specific agenda for topics being held in your area. Also, please note that the workshop start-times vary depending on location.
While the Bank Secrecy Act (BSA) has been around for almost 50 years, it continues to provide challenges to a number of banks in the Region. As such, we intend to highlight a couple of important areas – BSA software/adjustments to rulesets and BSA staffing – as well as provide an overview of the new beneficial ownership requirements. Finally, given that many of the states in the Region have legalized marijuana to some extent, we will discuss regulatory expectations that flow from FINCEN guidance.
The Financial Accounting Standards Board’s CECL changes will begin phasing in during 2020. As banks begin the phase-in process, examiners will focus time and attention to the topic during our bank examinations. The Workshop will discuss expectations for community banks in adopting CECL, including examples of support scenarios.
Maintaining a healthy CRA record and performance has become increasingly challenging for banks in some markets. This presentation provides transparency into the CRA evaluation process and the content that examiners review in assigning ratings. We will cover the different types of CRA evaluations, the processes examiners follow, qualifying community development activities and best practices, CRA self-assessments, and CRA hot topics.
A strong compliance management system (CMS) is essential to minimize the potential risk of consumer harm in a bank’s operations. We will explore the current hot topics in the compliance arena to assist you in maintaining a strong CMS. What are the regulators hearing? What is applicable for you in your bank as you work to ensure a strong compliance program? We will answer these questions and more.
The banking industry continues to serve as a target of cyber criminals. We will discuss regulatory expectations regarding cyber incident preparedness as well as how to respond if your bank is attacked. Furthermore, because we receive many questions regarding vendor management, instructors will detail the regulatory guidance of this important area.
Many bankers in the Region are experiencing significant competition for core deposits and find themselves relying more and more on non-core funding to meet liquidity needs as their bank grows in this robust economy. This presentation will explore a 2-rated liquidity rating versus a 3-rated liquidity rating. We will highlight considerations for bank cash flow analysis, liquidity stress testing, and contingency funding plans, all of which serve as strong risk management techniques.
Commercial real estate lending continues as a business model focus for many banks in the Region. While some banks fall under enhanced procedures outlined in 2006 regulatory guidance, many banks have concentrations below those levels. In either case, concentration management is an important element of overall bank safety and soundness. Of course, examinations at concentrated banks include an in depth review of risk management practices in this area. We will discuss regulatory guidelines for banks with concentrations in commercial real estate. The presentation will highlight stress testing examples.
|Pricing For||Through 10/10/2019||After 10/10/2019|
Substitutions are allowed, at no additional cost. Written notice is required for all substitutions/cancellations. Registration fees less a $75 processing fee per registrant will be refunded if cancellation is received by Thursday, October 24, 2019. No refund if cancellations are received after Thursday, October 24, 2019.
Nearby Parking Garages
Fifth & Mission/Yerba Buena Parking Garage
833 Mission Street
San Francisco, CA 94103
Mason O’Farrell Parking Garage
123 O’Farrell Street
San Francisco, CA 94102
Union Square Garage
333 Post Street
San Francisco, CA 94108
Executive and mid-level bank officers. In particular, CFOs, BSA, Compliance, and IT officers may be interested in the various breakout sessions. Community bank directors may wish to attend if they are interested in detailed information on the instruction topics. Again, please consult the agenda for specific topics offered at the local workshop.