IBA - Illinois Bankers Association

Legal & Compliance

Compliance Division Benefits

Your bank is a valued member of the Illinois Bankers Association. Did you know that, as an IBA member, everyone in your organization who deals with compliance issues — or who runs into questions on banking laws — can join our Compliance Division for free? From interest rates to lending limits to BSA/AML issues to public funds to . . . the list of issues is endless, and we can help! Below is a sampling of IBA Compliance Division benefits.

Toll-Free Compliance Help Desk Members Only

The IBA provides your very own toll-free Help Desk. Have a compliance question? Call 1-800-GO-TO-IBA. Your call goes directly to our nationally recognized IBA Law Department, where you will receive personalized attention!

IBA Compliance Connection® Website (www.gotoiba.com) Members Only

An Exclusive Benefit for IBA Member Banks and Savings Banks!

IBA Compliance Connection® is a free website for IBA member banks and savings banks that will quickly become your “go to” source for Illinois banking compliance information, guidance and support — each and every day!

IBA Compliance Connection
features a wealth of topics pages covering a broad range of compliance subjects, banking processes and functions, and state and federal laws and regulations. Other features include an online Compliance Forum, a Compliance Calendar, a Legal Resource Library, Compliance News, and daily updates from the IBA compliance staff. If you can’t find what you’re looking for, hit “GOT COMPLIANCE?” and ask us a question!

To sign up for an account, Request Access »

IBA Compliance Connection® Telephone Briefings Members Only

An Exclusive Benefit for IBA Member Banks and Savings Banks!

IBA Compliance Connection® Telephone Briefings are designed to facilitate peer-to-peer discussions on the latest regulatory changes and other current issues. The telephone briefings are held throughout the year as hot topics emerge, and they also include open discussions, so that participants can raise and discuss any compliance issues on their minds.

Regulatory University – Free Online Compliance Training Members Only

Powered by FIS Compliance Solutions, formerly Compliance Coach

An Exclusive Benefit for IBA Member Banks and Thrifts

All of your employees can enroll in free online course work to stay informed of those always changing laws and regulations! IBA member banks and savings banks that enroll in this complimentary training have access to nearly 100 interactive courses in key regulatory areas. Your inhouse program administrator has the ability to enroll employees, assign customized course programs, and run sophisticated management reports to monitor each employee’s progress, while enabling your organization to determine additional training needs.

By participating in this program, you can demonstrate to examiners that your organization has a thorough and ongoing company-wide training program! Regulatory University is the only online training solution that ALL industry regulators use today. Most recently, the Consumer Financial Protection Bureau has taken up training their examiners and consumer response team through Regulatory University! Learn More / Enroll Now / Begin Coursework »

IBA Compliance Newsbytes and Other IBA Publications Members Only

Need information on late-breaking Illinois and federal compliance issues? As a member of our Compliance Division, you will receive IBA Compliance Newsbytes to alert you about the matters that you most need to know today.

As a member of our Compliance Division, you also will receive the IBA’s acclaimed Week in Review, which covers major state and federal legislative actions of the past week during legislative sessions, and our bi-monthly publication, Illinois Banker magazine.

Networking and Professional Education Members Only

The IBA’s Compliance Events include many regularly scheduled conferences, meetings and educational events throughout the year, a sampling of which are described below.

The annual IBA Compliance Conference is our premier compliance event, held every year in late spring in Oak Brook, Illinois. Whether you are a full-time compliance officer or an internal auditor, or if compliance is one of your many hats, this conference will help you identify and manage cutting edge issues that are central to a successful compliance or audit program.

Our annual IBA Bank Counsel Conference is Illinois’ premier year-end review of state and federal banking law developments in legislation, regulation and court decisions, always with a senior regulators’ roundtable examining their latest hot button issues, and nationally recognized speakers highlighting trends and offering cutting edge tips and strategies.

Network with your peers at our regularly scheduled Regional Compliance Division Meetings throughout the state. These popular luncheons are held in Fairview Heights, Springfield, Oak Brook and Chicago on a revolving basis and feature speakers on topics of immediate interest, such as BSA/AML compliance, enterprise-wide risk analysis, evolving data breach laws, the CFPB, and recently adopted rules and legislation.

View more IBA Compliance Events »

Regulatory Feedback Initiative (RFI)

The RFI is a nationwide long-term initiative created by the Alliance of State Bankers Association. It is an online survey that every bank and savings bank should take immediately after each examination. The data collected is a powerful resource for the entire industry and helps identify ongoing supervisory issues, enabling the IBA to work with the regulatory agencies and advocate needed changes in their exam processes. Take the Survey and Let Us Know About Your Exam Experience »

Custom Reports — Survey participants can obtain customized RFI reports on Safety & Soundness and Compliance exams for your institution’s region. We encourage you to participate in the RFI and request these reports, which can be used by your organization as a valuable benchmarking tool! Request a Custom Report »