Rebekah is a sought-after compliance expert, the VP Director of Compliance for $6 billion community bank in Montana, and the owner of Elucidate LLC.
Elucidate means to "make clear, explain, throw light upon", and describes Rebekah's desire to illuminate the complexities of compliance with passion and fun. She's created and produced a TRID music video parody and several Compliance Breakout escape rooms, which she frequently provides at state banking compliance conferences. She is an accomplished speaker and regularly provides webinars through Compliance Resource, LLC.
Rebekah is currently serving as the VP Director of Compliance for a $6 Billion community bank in Montana. She began her career in 1995 at a private lending company, but soon settled into banking, where she's covered nearly all of it - customer service and teller work, loan processing and review, and security and business continuity. She now oversees CRA, BSA and all aspects of compliance as a senior leader. She has successfully navigated numerous FDIC Compliance, CRA, and BSA Exams.
Rebekah has a bachelor's degree in Organizational Leadership from Chapman University (Magna cum Laude), attended the American Bankers Association National Compliance School in 2003, and has held her Certified Regulatory Compliance Manager designation since 2006.
06/09/2023
On escrow account statements where the borrower has a shortage, we’d like to add a blurb below the shortage amount, telling the borrower that they may optionally pay a lump sum to their escrow account to avoid higher monthly payments. We’d make it clear that such action is voluntary and not required. May we do so?
05/28/2023
I am a loan officer who goes the extra mile in our community bank. I have customers who come to me with all sorts of banking questions beyond loans, because they know I’m willing to help and they trust me. I pride myself on providing such relationship-banking, but sometimes I feel less than confident answering their non-lending questions (like FDIC Insurance). Where can I easily learn more about the other banking rules? I don’t want to say the wrong thing!
05/21/2023
I’ve been in banking for a little while now and have found I really enjoy it. What I thought would be a short-term job is looking more and more like a viable long-term career choice. There are so many options though – banking covers so many topics! Is there anywhere I can find more general information, to see what interests me the most?
05/14/2023
Can you recommend a good bank compliance overview course? We would like to give new hires a summary of the overall rules they will face as bank employees.
05/14/2023
I’m trying to use the official APR Calculator to confirm that the rate on our HELOC disclosure is correct. I’m so confused! Nothing seems to work, can you give me direction?
05/07/2023
Banking is weird sometimes. In my banking job I’m told I need to know about both the Bank Secrecy Act (BSA) and the Community Reinvestment Act (CRA). I don’t understand what those two topics possibly have in common, and why I need to know them. Please explain it simply.
05/07/2023
I’m an HR Professional desperately in need of “Banking for Dummies”!
05/07/2023
My deposit account software is telling me the APY on our 15 month CD (interest paid at maturity) is LESS than the interest rate. What?!
04/30/2023
We have noticed that the APY is wrong on some of our Truth in Savings disclosures, but only by .03%. The APY is calculated by our document software vendor, and they told us not to worry about it, because Reg DD has a +/- .05% tolerance allowance. Is this true?
04/23/2023
I recently accepted a new position at my bank in the lending department. I came from operations and wanted a change, but now my head is spinning! There are so many rules on the lending side, and I am struggling. How can I get on top of it all?