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Job-Specific BSA Training for Lenders

Nov 02 2:00 PM - Nov 02, 2022 3:30 PM
Nov 02, 2022 2:00 PM - 3:30 PM
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Can you name five important reasons BSA training must be provided for lenders? Can your program identify loan fraud? When are SARs required? This webinar will address those issues and more, plus provide the required BSA training lenders need.

Learning Objectives

  • Identify red flags for money laundering and lending risk factors
  • Use sample questions for due diligence during the loan application process
  • Understand the importance of BSA due diligence throughout the life of the loan, not just at application
  • Explain the beneficial ownership requirements to legal entities applying for loans
  • Distinguish between normal loan applicant activity and suspicious activity

BSA examiners are digging deeper and asking more questions about the lending function. Could an examiner find loan fraud that was missed by your due diligence process? Does your institution have a system for identifying false statements and identity theft attempts on loan applications? Do your lenders know such activities may require filing a suspicious activity report? Is your process for documenting beneficial ownership effective? Now is the time to ensure your lenders’ BSA training is up to par.



Susan Costonis, Compliance Training and Consulting for Financial Institutions

Susan Costonis is a compliance consultant and trainer who began her career in 1978. She specializes incompliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998,completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples. 




Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Lending & Collections
  • Compliance