While compliance in advertising is not a new concept, it is critical that your financial institution integrates the new FDIC rule and CFPB exam manual updates into your materials and process. In this Compliance “Quick Bite”, Rhonda Coggins, CRCM, our National Compliance Services Director, reviews the recent updates and shares some advertising best practices.
Ms. Coggins has 38 years of experience in the banking industry, serving in a variety of capacities. Serving nearly 22 years as a consultant, Rhonda currently manages SCS’ Online Compliance Consulting services practice, providing compliance advice and guidance to banks and credit unions all over the country. Prior to joining the consulting sector, Rhonda worked with a variety of institutions and spent the majority of that time with Bank of America, where she served as Compliance Officer and Vice President. As a consultant for Biltmore Management Group and then SCS, Rhonda has delivered and managed professional compliance audit and administration services for banks from de novo to multi-billion dollars in assets on a national basis.