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FOS Blog

These blog articles will be straight from FOS professionals and will discuss any current hot issues and their views on them. These articles cover a wide variety of topics impacting our clients and friends.

06 Jul
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FFIEC releases Cybersecurity Assessment Tool

Unfortunately, cybersecurity risk continues to become a more and more relevant threat to all financial institutions, regardless of asset size.  As a result of increasing industry concern and actual events, the Federal Financial Institutions Examination Council (FFIEC) has been working for …

30 Jun
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How to Get your SAR noticed by Law Enforcement?

In the first quarter of 2015 SARs submitted for depository institutions totaled 213,280.  In 2014, the total number was 886,927.  The submissions have gradually increased since the introduction of the electronic SAR form in 2012.   With those large numbers you …

05 Jun
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What does your website say about your Bank?

In many institutions, website information is a static place to advertise your core banking services, interest rates, and act as a portal to online banking services.  The periodic process of ensuring these pages are both accurate and relevant becomes even …