Exam Preparation

Trust Exam Preparation for Community Banks

Trust examinations evaluate your fiduciary practices, account administration, and investment management. Canarie helps you maintain evidence of compliant trust operations throughout the examination cycle. Specifically tailored for the unique examination requirements facing community banks.

More for Community Banks

Community Banks Exam Preparation Challenges

Lean compliance teams wearing multiple hats
Same regulatory scrutiny as larger banks
Limited budget for compliance technology
Managing multiple examiner relationships
Keeping up with regulatory changes

Examining Agencies

OCCFDICState banking regulators

Exam Frequency

Annual or every 18 months

Preparation Steps for Community Banks

1
Review trust policies and procedures
2
Compile account administration evidence
3
Document investment review activities
4
Gather fee disclosure documentation
5
Prepare conflict of interest reviews
6
Document fiduciary decision-making
7
Compile trust committee minutes

Evidence Examiners Expect

Trust policies and procedures
Account acceptance documentation
Investment review records
Fee calculation and disclosure
Conflict of interest documentation
Trust committee meeting minutes
Exception and override tracking

Related Compliance Areas for Community Banks

Safety and soundnessBSA/AMLConsumer complianceFair lendingCRA

Frequently Asked Questions

Transform Trust Exam Preparation for Your Community Bank

See how community banks prepare for examinations in days, not weeks.