This training provides Devon Bank employees with information about regulatory compliance. It discusses the various federal regulations that Devon Bank must comply with, including regulations from the FDIC, OCC, FRB, and others. It also covers specific compliance responsibilities and regulations for the Human Resources department, such as the Americans with Disabilities Act, Bank Secrecy Act, and other employment laws. The goal of the training is to educate employees on compliance requirements so that Devon Bank can meet its legal and regulatory obligations.

1. Introduction
The banking industry is continuously under the watchful eye of
the government and the Federal Reserve. The government is in
charge of setting restrictions on the banking industry's borrowing
limits and the amount of deposits that banks hold in their vaults.
These restrictions have a tremendous impact on banking
profitability. It is a federal law that banks must stay complaint to
banking restrictions.

2. What is Compliance?
Compliance is the act of adhering to a standard or a regulation.
Compliance training is mandatory for all banking employees.
This training tutorial will provide every employee with a basic
knowledge about the compliance rules and regulations that
pertain to their departments.

3. Compliance Training Objective
This training is intended to provide participants
with a step-by-step guide for regulatory
management while following existing federal,
state and local regulatory laws corresponding to
the Banking branch departments.

4. In this training course you will learn:
What is regulatory compliance and it how it effects
Devon Bank.
Knowledge of Devon Bank departmental
responsibilities
Penalties for noncompliance and institutional risks.
How to Devon Bank employees avoid government
penalties and fines.
Why compliance is important.

5. Federal Regulations
It is Devon Bank’s responsibility to comply
with all federal rules and regulations in
every aspect of its business.
All employees are expected to comply with
Federal rules and regulations.

6. FDIC Compliance Guidelines
Compliance examinations are the primary
means the FDIC uses to determine
whether a financial institutions is meeting
its responsibility to comply with the
requirements and proscriptions of federal
consumer protection laws and regulations.

7. FDIC Continued
The FDIC conducts three annual reviews
to determine whether of not an institution
is compliant to Federal regulations. The
three supervisory activities are compliance
examinations, visitations and
investigations.

8. Who Regulates Devon Bank?
Office of Comptroller of the Currency
(OCC)
Federal Reserve Member Banks (FRB)
Federal Deposit Insurance Corporation
(FDIC)
Housing and Urban Development (HUD)

9. Compliance Examinations
Compliance examinations are primarily
done to assess the quality of an FDIC-
supervised institution's compliance
management system
To implement federal consumer protection
statutes and regulations
To review compliance with relevant laws
and regulations
To initiate effective supervisory action
when elements of an institution's
compliance management system are
deficient or a significant violation of the

10. Compliance Visitations
Compliance visitations are conducted by
the FDIC to review the compliance posture
of newly chartered institutions coming
under FDIC- supervision, or in the interval
between compliance examinations to
review an institution's progress on
corrective actions.

11. Compliance Investigations
Compliance investigations are conducted
primarily to follow-up on particular
consumer inquiries or complaints,
including fair lending complaints.

12. Institution Awareness
All employees of Devon Bank should
follow the rules and regulations when
performing job duties.
Devon Bank is responsible for promoting
awareness for violation of laws and
regulations.

13. Regulatory Compliance
Regulatory compliance is the goal that
financial institutions aspire to reach in the
efforts to ensure all personnel are
complaint with relevant laws and
regulations.
At Devon Bank, all employees are
required to conduct business in a legal
and ethical manner.

14. Things to Remember
Do not discriminate against a client or employee because of
race, gender, religion, national origin, color, age, disability,
sexual orientation or preference or veteran status
Commit to the highest standard of business and ethical
conduct in all activities while representing Devon Bank
Respect the rights of others
Avoid conflicts of interest and self dealing
Be award of laws, rules, regulations and policies that apply to
your job
Promote accuracy and truth in Devon Bank business
transactions
Maintain absolute confidentiality regarding client’s records
Report any perceived wrongdoing to your supervisor of the
Devon Bank Compliance Department
Do not destroy any records except in accordance to Devon
Bank policy

15. Now that you are aware of FDIC compliance
guidelines that govern Devon Bank, we will
next review responsibilites for the Human
Resource Department

16. Human Resouce
Responsibilities
The Human Resources Department goal is
to improve the performance of individuals
at Devon Bank. By increasing productivity
of the workforce as well as increasing
workplace performance.
Due to the organization depending greatly
on the expertise of the HR department, it
is extremely important for HR assoicates
to be knowledgeable on department
regulations.

17. Next we will review Federal Rules and
Regulations for the Devon Bank Human
Resource Department.

18. Devon Bank Human Resource
Department Regulations
American Disabilities Act:
The main aim of this disabilities act is to
stop any kind of discrimination in
employment, transportation, public
programs and services, telecommunications
services and public accommodation.

19. American Disabilities Act
The main aim of this disabilities act is to
stop any kind of discrimination in
employment, transportation, public
programs and services, telecommunications
services and public accommodation.

20. Bank Secrecy Act
This act requires financial institutions in the United
States to assist United States government
agencies to detect and prevent money
laundering.
Financial institutions are required to keep records
of cash purchases of negotiable instruments and
file reports of cash purchases of these
negotiable instruments of ten thousand dollars
or more.

21. Patriot Act
The function of the Patriot Act is to deter
and punish terrorist acts in the United
States and around the world.
The Patriot Act prevents, deters and helps
prosecute international money laundering
and financing of terrorism.

22. Anti-Money Laundering
Are procedures, regulations or laws created
to stop money launderers from making
money coming from illegal or unethical
sources look legitimate.

23. Community Reinvestment Act
Designed to encourage commercial banks
and savings associations to meet the
needs of borrowers in all segments of their
communities, including low-and moderate-
income neighborhood.

24. Diversity
Bank employees must understand the challenges
that come with diversity such as the aspect of
cultures having different standars for
communication and different beliefs.
By eliminating sterotypes and embracing diversity,
individuals will be able to work through those
difference in their workforce and maximixe the
productivity of the organization.

25. Elderly Abuse
Legislation is being passed across the
county due to many senior citizen being
the victims of financial exploitaion. Should
a bank fail to report suspicions of elder
financial abuse, they will be held liable.

26. Bank Bribery Act
Amends the federal bank bribery law.
Prohibits any employees, officers,
directors, agents and attorneys of financial
institutions form accepting anything of
value for or in connection with any
transaction/exchange.

27. Gramm-Leach-Bililey Act
Requires financial institutions that offer
customers financial services or products
like financial or investment advice. Loans
or insurance to explain their information
sharing practices to their customers as
well as to safeguard sensitive data.

28. Information Security
Bank employees must understand the
importance of protecting customer and
employee information, complying with the
laws and regulations that required due
diligence, following proper security policies
and procedures, as well as reporting
potential problems.

29. Physical Security
National Institute for Occupational Safety and Health
depicts workplace violence as any physical assault,
threatening behavior or verbal abuse occurring in
the work setting.
Devon Bank employees should be knowledgeable and
maintain awareness in regards to possible work
place violence.

30. Sexual Harassment
It is necessary for all employees to be
knowledgeable in what is and what is not
acceptable behavior at Devon Bank.
In order to minimize the banks sexual
harassment complaints, all employee
should keep a look out for inappropriate
conduct/language, speak up to prevent it
and report incidents with the HR.

31. ADEA
Protects individuals who are forty years of
age or older from employment
discrimination based on age. ADEA's
protection applys to both current
employees and job applicants.

32. COBRA
COBRA laws contain provisions giving
certain former employees, retirees,
spouses and children the right to
temporary continuation of health coverage
at group rates.
COBRA is only available when insurance
coverage is lost due to specific events.

33. Equal Pay Act
Prohibits pay differentials based on gender
for employees working in substantially
equal jobs, requiring equal skill, effort and
responsibility.

34. ERISA
Establishes minimum standards for pension
plans in private industry. ERISA provides
extensive rules on the federal income tax
effects of transactions associated with
employee benefit plans.

35. VESSA: The Victims Economic
Security and Safety Act
VESSA enables employees that are victims
of domestic or sexual violence take a
leave of absence up to a total of 12 work
weeks within a 12 month period.

36. Fair Labor Standards Act
The FLSA established a national minimum
wage, guaranteed “time-and-a-half” for
overtime, recordkeeping and youth
employees.

37. Family Medical Leave Act
Allows eligible employees to take off up to
12 work weeks within a 12 month period
for the birth or adoption of a child, to care
for a family member or to take care of their
own health condition.

38. HIPAA: Health Insurance Portability
and Accountability Act
Protects health insurance coverage for
workers and their families when they
change or lose their jobs.

39. OFCCP: Office of Federal
Contract Compliance Programs
OFCCP bans discrimination and requires
federal contractors/subcontractors to take
affirmative action to ensure that all
individuals have an equal opportunity for
employment.

40. OSHA: Occupational Safety
Health Administration
Ensures safe working conditions by
authorizing enforcement of the State to
ensure safe and healthful working
conditions.

41. Pregnancy Discrimination Act
Prohibits sex discrimination on the basis of
pregnancy.

42. Title VII: Civil Rights
Prohibited discrimination in public facilities,
government and employment invalidating
Jim Crow laws.
It became illegal to compel segregation of
the races in school, housing and hiring.

43. USEFFA:
Unifromed Services Employment and
Reemployment Rights Act
USEFFA prohibits employers from denying
any benefit of employment on the basis of
an individual's membership.

44. You have just completed the review of
Federal Rules and Regulations for the
Devon Bank Human Resources
Department
Next you will complete the practice
activities

45. Question #1
ADEA protects individuals who are over the age of:
a) 30
b) 40
c) 50
d) Both B and C

46. Question #2
The following act allows employees to take off up to
12 work weeks in any 12 month period for the birth
or adoption of a child:
a) Fair Labor Standards Act
b) Family Medical Leave Act
c) Pregnancy Discrimination Act
d) Rehabilitation Act of 1973

47. Question #3
The Hippa Act :
a) Provides health insurance to all working employees
b) Provides health insurance to workers who lose their jobs
c) Protects health insurance for employees families
d) All the Above

48. Congratulations you have completed the
Devon Bank Human Resource Department
Compliance Training!