12 CFR Part 1005

Reg E Compliance Execution for Community Banks

Regulation E governs electronic fund transfers and provides consumer protections. Canarie helps you execute Reg E compliance through automated workflows for error resolution, disclosure management, and unauthorized transaction procedures. Specifically tailored for the compliance requirements of community banks.

More for Community Banks

Key Requirements

1
Error resolution procedures (10-45 day timelines)
2
Initial and change-in-terms disclosures
3
Periodic statement requirements
4
Unauthorized transfer liability limits
5
Preauthorized transfer rules
6
Remittance transfer requirements

Community Banks Compliance 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

How Canarie Helps Community Banks

Automated Workflows

Recurring Reg E Compliance Execution tasks are scheduled, assigned, and tracked automatically.

Evidence Capture

Evidence is captured automatically as compliance work is completed.

Audit Trails

Complete audit trails show who did what, when, with immutable records.

Examiner-Ready Export

Export organized evidence packages in formats examiners expect.

Non-Compliance Risks

Actual damages
Statutory damages $100-$1,000
Class action damages up to $500,000
Attorney fees and costs

Frequently Asked Questions

Automate Reg E Compliance Execution for Your Community Bank

See how community banks execute compliance with confidence.