Financial Institution MRB Related Solutions

 

Value Proposition:  Achieve 2015 strategic imperatives, and exceed 2015 budget projections

  • Reduce Cost of Funds:  Tap the hydrant of non-interest bearing sticky core deposits
  • Exceed Fee Income budget figures (the current environment will allow almost ANY fees)
  • Increase ROA, branch, and employee utilization
    • Turn Compliance & BSA departments into revenue producers
  • Meet the financial needs of small businesses in your communities (CRA)
    • Selectively include the entire supply chain into the program to gain efficiency and transparency
  • We have knowledge of nationwide trends, bank & electronic payment pricing, due diligence requirements and great industry specific knowledge

Unique Solutions only offered by GreenAML:  We will provide and license our patented methods required to bank the entire Legal Marijuana Ecosystem and Industry:

  • Full development of a program for banking Marijuana Related Businesses utilizing our patent pending / copyrighted examples as a starting point including:
  • Situation analysis and best practices for all Governance Risk & Compliance
  • MRB Product Risk Assessment [above and beyond BSA/AML, including strategic risks,  credit risk, strategic partner assessments, market risk, regulatory risks (including details by state), transaction/operational risk (including staffing these highly cash intensive businesses), legal/compliance risk, and reputation risk]
  • Bank Secrecy Act Program Updates
    • MMJ Product Risk Assessment & Profitability Analysis
    • Enterprise BSA/AML/CIP/OFAC Risk Assessments
    • BSA/AML Policy
    • Customer Due Diligence / Enhanced Due Diligence customer on-boarding procedures
    • Ongoing monitoring procedures and analysis, including specialized ongoing SAR reporting requirements
    • Training for all employees related to these new higher risk cash intensive customers
  • Co-sourced Quarterly Monitoring & required SAR preparation support & QC reviews
  • Outsourced high risk customer site visits to Marijuana Related Businesses
  • Guaranteed Regulatory Examination support and coaching
  • 24-7 On-Call expertise and management consulting