Auditing Services
What We Do
We offer accurate, professional, and cost-effective consulting. In addition to an array of audits, we offer the following services:
Quarterly newsletter about regulation changes and what the institution should do to stay in compliance.
We prioritize education and are dedicated to providing resources and research for questions at no additional cost to our clients.
Training for staff, audit/supervisory committee members, and Board of Directors. We will provide training on any area the credit union desires, including annual required BSA training.
Creating an annual risk assessment and corresponding audit plan with institution management and audit/supervisory committees.
Monthly Compliance Consulting. If consulting only is desired, we provide cost effective options for unlimited assistance.
Daily Monitoring
- Audit Link Reports
- BSA Monitoring (daily, weekly and monthly)
- Deposit Disclosure Annual Review
Deposit Regulations
- Garnishment of Accounts Containing Federal Benefit Payments
- Reg CC – Expedited Funds Availability
- Reg D – Reserve Requirements
- Reg DD – Truth in Savings Act
- Reg E – Electronic Funds Transfer Act
Internal Audits
- Accounting and Finance Department
- Accounts Payable
- Allowance for Loan Loss
- Audit/Supervisory Committee Assessment
- Board of Directors Assessment
- Board of Directors Loans/Overdraft Reviews
- Cash Counts
- Cash Disbursement Purchase and Accounts Payable
- CU*Answers AuditLink Reports
- Deposit Operations Audit
- Due from Bank (Correspondent Accounts)
- Employee Account Reviews
- Gift Cards, Travelers Checks
- HR and Payroll
- Investment Securities
- Loan Concentration
- Loan Operations Audit
- Management Assessments
- Night Depository
- Non-Interest Income Review
- Official Checks (Certified, Cashier’s, Money Orders)
- Various Policies & Procedures
Lending Regulations
- Consumer Protections in Sales of Insurance
- Fair Housing Act
- Fair Lending
- FCRA / FACTA
- Flood Disaster Protection Act
- Homeownership Counseling
- HUD Counseling Notice & Requirements
- Quality Control Audits
- Reg B – Equal Credit Opportunity Act
- Reg C – Home Mortgage Disclosure Act
- Reg G – S.A.F.E. Mortgage Licensing Act
- Reg X – Real Estate Settlement Procedures Act (RESPA)
- Reg Z – Truth in Lending Direct/Indirect
- SCRA/MLA – Service Member Civil Relief Act/Military Lending Act<
Miscellaneous Regulations
- ACH – Automated Clearing House
- Agreed Upon Procedures
- Advertising & Website Audit (Including ADA)
- BSA / AML /CIP/ SAR/ CTR/ OFAC / Wire Transfers
- Reg GG – Internet Gambling
- Reg P – Privacy of Consumer Financial Information
- Right to Financial Privacy Act
- UDAAP – Unfair, Deceptive, or Abuse Acts or Practices
System Experience
- CU*Answers, including add on products and systems
- Encompass
- Fiserv
- Flex
- Symitar
- Verafin
Contact us for a no-cost consultation to find out how BCA can assist in your risk management and compliance oversight.