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Press Releases

May 22, 2009

Community Bankers Association of Georgia teams with Regulatory Compliance Service Provider

With regulatory pressures continuing to grow and more changes sure to come, it can be difficult to keep up with the demands of today's regulatory environment. Making sure your bank stays ahead of the game is critical in avoiding the penalties of non-compliance.

"Comments made by our members reflect the need for solutions to support the growing demand of regulatory compliance in their bank," said Jason Pruitt, VP of Member Services within CBA. "As a result, we saw the need to provide access to a best-in-class compliance service to meet our member's demands."

In an effort to assist Georgia community banks with the fulfillment of all rules and regulations, the CBA as teamed with Integrated Compliance Solutions (ICS), a leading provider of regulatory compliance consulting services to financial institutions.

ICS is a professional services firm that specializes in providing compliance consulting services to financial institutions. They bring together a unique breadth and depth of expertise to banks of all sizes and complexities. Their team of compliance professionals compiled of former examiners with the federal regulatory agencies and/or former compliance officers, deliver services tailored to support the individual needs of each client. They provide their services either by supplementing internal resources, or by providing complete, outsourced programs to alleviate compliance pressures on management.

John Palmer, Regional Director and Partner commented, "For over 12 years we have served the regulatory compliance needs of more than 500 financial institutions, most being community banks. We are very excited to enter into a relationship with the Community Bankers Association of Georgia and working closer with their member banks."

For more information about how your bank can stay in compliance with all regulations, contact August Perez at 404-281-1475 / aperez@icscompliance.com.

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