Elliott Davis Community Banking Advisor Newsletter Summer 2010

Mortgage fraud is among the fastest growing white-collar crimes in the United States, but a recent federal report outlines best practices for preventing fraud and red flags for detecting it. And community banks can spot distressed borrowers if they are able to identify certain weaknesses.

We are pleased to present the Summer 2010 issue of Community Banking Advisor. In it, we discuss those and other topics related to meeting the management and regulatory challenges faced by community banks. Specifically, we discuss the benefits of a document management system and how to implement one. In addition, we offer a new feature that offers news briefs regarding topics important to community banks. In this issue, we discuss overdraft fees; the FDIC’s TAG program; funding and liquidity risks; overtime pay; and modernization of the Uniform Bank Performance Report.

Please contact us with your questions or comments about the topics discussed or others related to effective bank management and regulatory compliance.