Frequently Asked Questions |
The following is a list of questions that are the most frequently asked regarding BCG. If you are seeking an answer that is not displayed on this page, please do not hesitate to contact us with your query. We appreciate your questions, and comments.
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| FAQs |
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| 1 | How does Aldrich & Bonnefin, PLC interplay with BCG?
Aldrich & Bonnefin, PLC act as legal counsel for BCG. Aldrich & Bonnefin is comprised of experienced lawyers from all fields of banking and general business practice. The firm has been serving the California financial community for over 40 years, offering a comprehensive range of services to banking and business clients. |
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| 2 |
Can a financial institution outside of California enjoy any of the services offered through BCG?
Yes. A U.S. financial institution, whether located in California or another state, may join BCG, recognizing that BCG publications address
only federal and California laws and regulations. Upon joining BCG these “out-of-state” financial institutions will enjoy all of the BCG
benefits, including the monthly Newsletter, Monthly Telephone Briefings, and BCG Monthly Seminars. Additionally, these institutions, even
if they don’t join BCG, may purchase an annual subscription to Compliance Companion®, an online library that provides
access to all 19 BCG Standard Procedures Manuals.
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| 3 |
Is the price of Compliance Companion®, the online version of all 19 Standard Procedures Manuals, different for a member than a non-member?
Definitely. BCG members enjoy a five-concurrent user subscription to Compliance Companion®, at no additional cost.
Non-members pay $5,995 for an annual Compliance Companion® subscription that includes a five-concurrent user license. Compliance
Companion® subscribers may purchase additional licenses in bundles of five for an additional fee.
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| 4 |
When a financial institution purchases Compliance Companion® subscription, what is it buying?
A financial institution is really purchasing an annual subscription with a five-concurrent user license to the online set of 19 BCG Standard
Procedures Manuals. This online Compliance Library, which is accessible through a unique user password, is easy to use, is fully searchable,
and allows bookmarking and adding user notes. |
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| 5 |
As a BCG member, how many employees can a financial institution send to the BCG Monthly Seminars?
Currently BCG Members attend BCG Monthly Seminars by viewing what we refer to as “Recording Playbacks” of a Monthly Seminar. That is, we
record the seminar presentation and then hold 4-5 “Playbacks” of the video during the month. Each Playback includes several live Q&A
sessions. Through its BCG membership, a Member may register up to 20 employees for these Seminar Recording Playbacks. (Note, however, that
it is up to each Member as to how many employees it allows to view each Playback.) We also plan to hold in-person Monthly Seminars once a
quarter during 2023 for which there will be a per-person registration fee. These in-person Seminars will be held in 2-3 California locations.
The 20-employee registration limit does not apply to these in-person Seminars. |
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| 6 |
How many free compliance questions are included in BCG membership?
BCG Membership includes a total of three free compliance questions each month that are of a routine nature (generally limited to 24
minutes or less), which can be submitted by telephone or email. Note that only a BCG Member’s “Authorized Agents” (as designated by the
Member) are allowed to make these inquiries. |
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