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Nancy Eff Presnell
Member
Louisville, KY
Member
Louisville, KY
Nancy has over 22 years of experience working in-house with a number of financial institutions. Her practice is focused on regulatory compliance matters in the financial services industry. Nancy often works with financial service providers with consumer compliance matters, Bank Secrecy Act (BSA) compliance and Community Reinvestment Act programs.
Served as the SVP, Managing Director of Compliance and CRA (Community Reinvestment Act) at Republic Bank & Trust Company, 2008-2019.
Managed consumer compliance, BSA and CRA for a $5 billion institution with a 5-state footprint and fintech product offerings.
Served as VP of Compliance at Irwin Financial Corporation, 2005-2008.
Managed consumer compliance, BSA and CRA across five lines of business including two banks, a franchise lending company and a home equity lender.
Served as Compliance Manager at JPMorgan Chase.
Partnered with retail and support units to develop and implement new products and resulting new policies and procedures, 1997-2005.
Developed a Compliance Management System, a Consumer Complaint Monitoring System, Consumer Compliance Risk Assessments, BSA Risk Assessments, CRA Assessments and various Training Programs.
Lead contact for Consumer Compliance Examinations, BSA Examinations and CRA Examinations with the Office of the Comptroller of the Currency (OCC), the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC).
University of Louisville, Louis D. Brandeis School of Law, J.D., 1993
Six Sigma Green Belt, 2001
CRCM, Certified Regulatory Compliance Manager
University of Louisville College of Business, B.S., Economics, 1985
February 8, 2022 | Blogs
Another tax year, another change. The annual Form 1099-K issuance (Payment Card [1] and Third-Party ...
January 26, 2022 | Publications
On January 21, the Federal Financial Institutions Examination Council (FFIEC) issued a statement ann...
January 24, 2022 | Blogs
The Federal Reserve recently released a publication discussing the potential of a central bank digit...
March 15, 2021 | Coronavirus Response Team
The COVID-19 pandemic continues to impact the banking industry in both expected and unexpected ways....
January 28, 2021 | Blogs
A new requirement has been imposed upon businesses within the massive National Defense Authorization...
January 15, 2021 | Publications
All banks should note the important guidance covering the consumer reporting data transmissions cont...
October 29, 2020 | Publications
Organizations looking for opportunities to serve America’s disadvantaged minority communities more...
October 12, 2020 | Blogs
At a recent industry conference, Financial Crimes Enforcement Network (FinCEN) director Kenneth Blan...
October 2, 2020 | Publications
For the first time, many credit unions, trust companies and other institutions will soon find themse...
August 31, 2020 | Blogs
On August 20, 2020, the Consumer Financial Protection Bureau (CFPB) and TD Bank, N.A. (“TD Bank”...
August 17, 2020 | Coronavirus Response Team
The Office of the Comptroller of the Currency (OCC) Community Reinvestment Act (CRA) final rule (“...
August 4, 2020 | Publications
On August 19, 2020, the comment period related to the fair lending request for information discussed...
July 16, 2020 | Blogs
Holders of unclaimed or abandoned property should familiarize themselves with their state’s proced...
July 8, 2020 | Coronavirus Response Team
The Consumer Financial Protection Bureau (CFPB) issued a Consumer Reporting FAQs Related to the CARE...
July 1, 2020 | Coronavirus Response Team
The Office of the Comptroller of the Currency’s (“OCC”) Community Reinvestment Act (“CRA”)...
June 8, 2020 | Blogs
The Office of the Comptroller of the Currency (“OCC”) issued a Community Reinvestment Act (“CR...
May 27, 2020 | Publications
The Office of the Comptroller of the Currency (OCC) adopted a Final Rule[i] on May 20, 2020, with th...
April 20, 2020 | Coronavirus Response Team
The deadline of May 1, 2020, for insurance companies1 to report unclaimed property to the Kentucky S...
April 16, 2020 | Blogs
Much discussion has been had during the past weeks with regards to assisting mortgage borrowers by a...
April 14, 2020 | Blogs
A Joint Statement[1], “Supervisory and Enforcement Practices Regarding the Mortgage Servicing ...
March 11, 2020 | Blogs
Yesterday, March 10, Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious...