Linda Westfall is Excecutive Vice President of McCormack and Associates, inc., a company offering management solutions for the financial service industry.
Linda has 33 years of banking experience, and degrees in accounting and computer science. She worked in community banks for nine years and has been a consultant with MAI for 24 years. Her banking experience includes:
Linda received the Certified Bank Auditor designation in 1991 and the Certified Regulatory Compliance Manager designation in 1994.
You may contact Linda at: linda@mccorm.com or visit their Web site at http://www.mccorm.com
05/07/2001
Under the new Regulation P, does a bank have to have a written request signed by the consumer, from a title company for a payoff of a loan; if the title company is an affiliate of the bank; if the title company is not an affiliate of the bank?
05/07/2001
Can sole proprietors be treated like corporations as it relates to privacy notices?
05/07/2001
What should the system for monitoring transactions of exempt persons consist of (when there is no automated system)? Is reviewing account statements annually ok and, if so, how many months of statements should be reviewed?
03/19/2001
Our bank is negotiating to purchase another bank. This would be our first acquisition. Are there some common mistakes we should try to avoid?
03/19/2001
Our bank is preparing an Incentive Compensation Program for each of their Departments. From an operational standpoint, what types of items should be included in the Incentive Compensation Program for the employees in the Operations Department?
03/19/2001
Is a national bank required to furnish upon request a list of shareholders of the institution to any shareholder?
03/19/2001
From time to time, we have clients who ask about cashing checks payable to corporations and partnerships.
03/19/2001
Reg. DD ---Is there any part in this reg. (or any other reg.) that requires an annual statement to be sent to CD holders?
03/19/2001
Does Regulation Z apply to a loan to purchase rental property?
03/19/2001
Is it necessary to send an adverse action notice for withdrawn applications and incomplete applications?