Superior Consulting, LLC

Testimonials

Brian L. Layman
Internal Auditor- Bank of Crocker
Crocker, MO
The Bank of Crocker is going into its’ seventh year utilizing the services offered by Superior Consulting. We utilize their Information Technology Services, Bank Secrecy Act Reviews, Bank Secrecy Act Training, Loan Reviews, and Compliance Reviews. The staff of Superior has proven themselves to be knowledgeable of the laws and regulations that Bank’s have to contend with it. Mary Boyd brings to Superior the knowledge obtained from her employment as an Examiner with the FDIC. It is also reassuring to know that if you have a question, you may call any member of the Superior team and they will assist you.

Heidi Douglass
Compliance Officer/IA Manager - First Western Bank
Rogers, AR
We have found Superior Consulting's Information Technology and BSA audits to be extremely thorough and useful. Their detailed recommendations and helpful resources are a great combination. We are very pleased with the level of service and timely feedback that we have received from Superior.”

Michael Allen
Midwest Bancorporation
Poplar Bluff, MO
We started using Superior Consulting over three years ago to conduct independent compliance reviews including BSA. They have also conducted BSA training sessions when requested. They are quick to respond, helpful in providing recommendations of change and very attentive to customer needs. We have been very satisfied with Superior and look forward to our continued rapport.

Bill Marshall
President - Phelps County Bank
Rolla, MO
We have used Superior Consulting for the past 6 years for our IT Reviews, External Loan Reviews and Compliance Reviews. Mary Boyd and her team have not only been a vendor of choice, but more importantly a great partner. The reviews are thorough, detailed and very honest in their results. I believe our staff has grown in their knowledge base, thanks to Superior. We also know as each day goes by that we can pick up the phone and call Superior for day to day questions or to review ideas, thoughts or concerns that we may have.

John Everett
CEO - Legacy Bank and Trust
Rogersville, MO
Legacy Bank and Trust has benefited greatly from its relationship with Superior Consulting. Their staff is experienced and well qualified. We have found that once we have completed an audit from Superior, we are more than ready for an examination from our regulators. Superior has helped us identify and correct weaknesses in our systems and policies before an examination. Our examinations have been cleaner and quicker over the years since we have been their client and we anticipate using them for years to come.

Grace Eisenhour
Operations, Compliance - First National Bank
Hays, KS
Year after year, Superior Consulting, LLC continues to guide us in enhancing and strengthening our BSA and IT programs in the ever changing world of banking. They provide in-depth reviews with excellence recommendations which aide us in all of our regulatory compliance obligations. Superior’s knowledgeable consultants are always willing and available to answer any questions we might have even after reviews are completed.

	Superior Consulting exists to serve the needs of the Community Bank. While all banks face the challenges of the economy, government regulations, and increased competition, the Community Bank must meet these challenges with limited resources. In many areas, access to qualified personnel may be limited or bank earnings may be insufficient to support the payroll costs of those specialists. Superior Consulting understands the needs and concerns of the Community Bank. We have personnel skilled in Information Technology, Consumer Compliance, Loan Review, Audit, etc. and can provide those specialized, technical services at affordable costs. Our personnel also can assist you in developing responses to your regulatory examinations and administering related corrective programs. Superior Consulting can provide you with the critical information you need to make informed decisions and fulfill your responsibilities to your shareholders and regulators.

	As a founder of Superior Consulting LLC in 2003, I have always been sensitive to the demands placed on community banks. As community bank specialists, we are very familiar with the unique challenges you face in serving your communities and the limited resources available to many of you. Our community bank focus affords us the knowledge and flexibility to tailor our services and solutions to your situation, and to keep the costs of those services affordable. Moreover, our size allows you to communicate directly with our management, and enables us to provide you with prompt feedback and results. Our staff is highly trained and qualified to assist you, and my 13 years as a federal bank examiner uniquely qualifies me to provide you with effective guidance on regulatory matters. At Superior Consulting, integrity is foremost. We are all committed to providing quality services and frank, honest assessments. We will earn your respect and confidence.

News

Consultants Wanted
Superior Consulting is currently accepting applications
01.05.2012 | Author: Jennifer Pierce

Could Automated Overdraft Programs be Re-defined as Credit Cards?
The Regulation Z changes effective October 1, 2011 include additional examples of what is a credit card which need to be carefully reviewed if you have an automated overdraft program and customers who opted in to the July 2010 Regulation E provision that prohibit financial institutions from charging consumers fees for paying overdrafts on ATM and one-time debit card transactions unless a consumer consents, or opts in, to be charged a fee for those types of transactions. This article explains the changes, how they could impact you and provides options to help mitigate your risks.
07.18.2011 | Author: Terisa Heiman

No Credit Scores Does Not Equal No Risk Based Pricing!
The KC Regional FDIC office recently shared with us and a Bank in the KC region that during exams, if they see a credit report in a loan file, and do not see evidence to support that a Risk Based Pricing notice was provided, they will look at the loan trial balance and if they see a variety of different rates, there may be a problem. This article provide solutions to minimize potential non compliance risk if you do not receive the scores and are not currently providing any type of risk based pricing notice to consumer loan customers.
07.18.2011 | Author: Terisa Heiman

Resources

Compliance Risk Management
The following article, which appeared in the Directors Supplement of the Missouri Independent Bankers Association's July 2011 Newsletter provides a discussion of product and service compliance risks. This article is written as guidance primarily for bank directors; however, it provides useful information regarding compliance risk management for all bank personnel.
06.24.2011

Mortgage Originator Compensation Rules
The following article provides a discussion of the recent amendments to Section 36 of Regulation Z regarding mortgage loan officer compensation and anti-steering rules. The article also provides brief commentary on future changes to these areas resulting from Title XIV of the Dodd-Frank Act.
03.29.2011

Unfair and Abusive Compensation Practices Rule Gap Analysis
The attached information can be used to identify gaps in your institutions compensations practices and then develop action plans to address the gaps by the effective date of the Unfair and Abusive Compensation Practices rule which is April 1st, 2011.
12.30.2010