TOPIC: Contingency

Free January Webinar - Top 10 Things to Consider for an Effective BCP Plan

Person at a Company (USA)

Good morning bankers! You're invited to our January webinar on setting up your BCP plan for 2018. Register for free and if you're not able to make it to the live event, we will send you the recording afterwards.

How’s your financial institution’s business continuity plan? Are you certain it’s current and comprehensive? Or did someone compile it back in 2013 and it has remained in binders ever since? Given the rough past few months of weather and fire calamities, now’s a good time to go back to basics in considering the state of your BCP plan. We’ll explore the fundamental steps necessary to ensure that you’re structuring your BCP program in the most effective format, addressing such issues as:

  1. Gather/Organize the Right Information
  2. Recovery Strategies
  3. Third Parties
  4. People
  5. Call Trees
  6. Resources
  7. Locations
  8. Teams
  9. Documents
  10. Required Functions

Even if your organization has a full-fledged BCP program, it’s always useful to have reminders on these foundational best practices so your financial institution can remain operational amidst a catastrophic event.

Register Today

    Free Webinar - Revelations from the FDIC'S OIG Report

    Person at a Company (USA)

    Hi everyone. We'd like to invite you to Ncontracts' March webinar: Vendor Management State of Disrepair - Revelations from the FDIC's OIG Report

    Join us as we dig into the OIG’s analysis to address deficiencies in third-party risk management, discuss how to mitigate them, and provide a first-hand look at the steps the FDIC may take to rectify these problems.

    Register for this free webinar at https://ncs.bz/2mfcxCJ

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      Contingency Funding Plan Sources and Uses

      CEO at a bank ($38MUSA)

      This worksheet looks at the banks funds available to meet liquidty needs in various scenarios. The worksheet looks at scenarios of increases in loan demand, decrease in uninsured deposits, decrease of insured deposits, and losses of short term funding sources. OCC and FDIC examiners have commented positively on the worksheet. I have shared it with some of my collegues prior to their exams. They indicated that the worksheet met the examiners approval (state & FDIC). We were formerly an OCC bank and they liked the worksheet as well.