Exam Preparation

State Examination Preparation for Neobanks

State examinations vary by jurisdiction but typically focus on licensing compliance, consumer protection, and operational requirements. Canarie helps you maintain evidence of state-specific compliance alongside federal requirements. 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

State banking departmentsState financial regulatorsNMLS

Exam Frequency

Varies by state and license type

Preparation Steps for Neobanks

1
Review state-specific requirements
2
Compile licensing compliance evidence
3
Document consumer complaint handling
4
Gather state disclosure compliance
5
Prepare operational compliance evidence
6
Document surety bond and capital compliance
7
Compile annual report filings

Evidence Examiners Expect

License maintenance documentation
State-specific policy compliance
Consumer complaint logs
State disclosure requirements
Surety bond and capital documentation
Annual report filings
State-specific training records

Related Compliance Areas for Neobanks

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

Frequently Asked Questions

Transform State Examination Preparation for Your Neobank

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