Compliance

Compliance Events

Performing Your ACH Audit

Wednesday, July 9, 2025 

Live-Streamed

All financial institutions must conduct an annual ACH audit. This session focuses on the Nacha Operating Rules audit requirements and guidelines that are specific to Receiving Depository Financial Institutions (RDFIs) as well as Originating Depository Financial Institutions (ODFIs).

Sign Me Up

Compliance Peer Group

Friday, July 11, 2025

IBA Center for Banking Excellence, Springfield, IL, or Live-Streamed

The Compliance Peer Groups provide an opportunity for bankers to join together and examine pressing issues constructively, exchange ideas, and share solutions among colleagues in a comfortable and professional environment. We will provide timely updates on various topics for you to take back to your bank.

Sign Me Up

Regulatory Compliance Series

September 15-19, 2025

IBA Center for Banking Excellence, Springfield, IL, or Live-Streamed

This comprehensive series provides an overall deep understanding of the complexities of regulatory compliance and how they apply to everyday situations. New and seasoned team members will diminish the complex nature of regulatory compliance after attending this program.

Sign Me Up

IBA Compliance Connection

Illinois bankers are constantly challenged with new laws, regulations, enforcement trends, and other pressing compliance concerns. The IBA is here to help! Your IBA membership includes access to members-only compliance resources, guidance on compliance inquiries, outstanding educational events and networking opportunities, a weekly compliance newsletter, and more!

Daily Coffee

OCC Affirms Support for Federal Preemption. Acting Comptroller Hood has issued a letter confirming that the OCC will “continue to vigorously support and defend federal preemption” of certain state laws for national banks and federal savings associations. The letter states that the agency will not rescind its preemption regulations, which are consistent with the Dodd–Frank Act and U.S. Supreme Court precedent, and that federal preemption is the “cornerstone of the dual banking system.” Read the announcement and letter. 

    June 10, 2025

    Illinois Secretary of State Proposes Conforming Changes to Banks’ Apportionment of Investment Income. The Illinois Secretary of State has proposed amending its administrative rules under the Illinois Income Tax Act to reflect recent changes to the apportionment method for financial organizations’ investment income. The amendments would apply to tax years ending on or after December 31, 2024. View the notice of proposed amendments (starting on printed page 7503).

    June 6, 2025

    More Compliance News

    Compliance Q&A

    If we deny a loan application on the day we receive it, must we still send the applicant an appraisal notice?

    Find Out the Answer!

    IBA Compliance Connection – A Valuable Resource for IBA Members

    4000+

    Original IBA Q&As, together with relevant articles, court decisions, and more!

    200+

    Topic pages covering a broad spectrum of compliance matters, indexed by bank process and function, together with all relevant Illinois laws and federal regulations

    1100+

    IBA members have an exciting resource to help them — IBA Compliance Connection at GoToIBA.com — a free website for all employees of IBA member banks that will quickly become your “go to” source for Illinois banking compliance information, guidance and support — each and every day! Request access today!

    Compliance Feed