A.  Here are the top 5 reasons why you need a review from Compliance Coach:

1. Get an independent, expert review of your web site to identify risk issues before the examiners, attorneys general or plaintiff attorneys get to it!
2. Benefit from a comprehensive review of all applicable laws and regulations, with a focus on UDAP. UDAP is the # 1 compliance risk issue for 2010! The FFIEC e-banking handbook & examination procedures require a financial institution to ensure their web site is in compliance at all times!
3. Receive a comprehensive, written report detailing all applicable laws and regulations reviewed, all of the findings & recommendations. Fix any problems right away! Also, provide it to your examiners when they come in. They will rely on it and it will reduce their examination time significantly!
4. Get recommendations for preventing problems from recurring. Fix root cause. Expert recommendations are based on extensive best practices based database!
5. Proactively mitigate risks for one low fee! The risks far outweigh this one low fee. Your website can cost you thousands of dollars in non-compliance penalties and harm your reputation permanently!

A.  The web site compliance review is comprehensive. It will check your entire web site for compliance with all applicable laws & regulations. It will cover laws & regulations such as BSA, TISA, Reg DD, Reg GG, ECOA, FHA, HMDA,TILA, RESPA, GLBA and most importantly UDAP. UDAP is the # 1 compliance risk issue for 2010. All of the banking agencies are focusing on UDAP this year, and your web site will be their focus because it is your largest Ad! Also they can review your web site right from their desk, before they come visit you! Every time we perform a review, we find significant risk issues!

A.  Here’s how it works:

1. You sign up & authorize us to perform the review.
2. One of our compliance experts performs the web site review within 7 days.
3. We provide a draft report for your review with the findings & recommendations.
4. If you have any questions, we discuss with you.
5. We issue a final report that you retain. You can now sleep at night!

A.  The cost is very low for the review. There is only one flat fee for each web site compliance review, based on your asset size. The following is the fee for each web site:

• $250M and below = Only $2,500
• $250M+ to $5B = Only $5,000
• $5B+ = Only $10,000

A.  Each review will cover your financial institution’s web site and any subsidiaries or affiliates web sites linked to your primary web site, so long as these sites are reasonable in length. If these sites are extensive, than an additional fee will apply and we will be happy to provide a quote for the additional fee.

Also, the review is focused on your financial institution’s web site. As such, it will not cover any web sites that are third party web sites linked to your site.