Exam Preparation

Deposit Compliance Exam Preparation for Neobanks

Deposit compliance examinations evaluate your compliance with Regulation E, Regulation CC, Regulation DD, and related requirements. Canarie helps you maintain evidence of compliant deposit operations. Specifically tailored for the unique examination requirements facing neobanks.

More for Neobanks

Neobanks Exam Preparation Challenges

Meeting sponsor bank compliance requirements
Building compliance credibility
Scaling compliance with user growth
Preparing for potential direct regulation
Managing third-party risk

Examining Agencies

FDICOCCFederal ReserveNCUA

Exam Frequency

As part of consumer compliance examination

Preparation Steps for Neobanks

1
Review Reg E error resolution procedures
2
Compile funds availability documentation
3
Document truth in savings disclosures
4
Gather overdraft program evidence
5
Prepare electronic banking compliance
6
Document disclosure testing results
7
Compile training completion records

Evidence Examiners Expect

Reg E policies and procedures
Error resolution tracking
Funds availability policies
Truth in savings disclosures
Overdraft program documentation
Disclosure accuracy testing
Staff training records

Related Compliance Areas for Neobanks

BSA/AML programConsumer protectionData privacyThird-party risk managementSponsor bank requirements

Frequently Asked Questions

Transform Deposit Compliance Exam Preparation for Your Neobank

See how neobanks prepare for examinations in days, not weeks.