Community Bank Expense Practices (What to Do and What Not to Do) (MP4)

Community banks are well accustomed to operating subject to an ever-evolving set of standards imposed by their regulatory agencies. One area that has undergone significant changes is the expenses incurred by community banks. 

Discuss the regulatory expectation that all community bank expenses have a business purpose and be reasonable as well as the manner in which these standards are applied. Plus, practice tips to ensure your community bank and insiders are not criticized or subject to punitive measures based upon expense practices.

Learning Objectives:

• Learn about the regulatory expectation for community bank expenses.

• Learn tips that can be applied to your community bank’s expense practices.

• Learn how to avoid punitive measures.

Recorded July 27, 2023.