Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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Training lenders on BSA/AML can be tricky. Many training programs go too deep into technical details that don’t apply to lending staff, while others barely scratch the surface — leaving lenders without a clear understanding of the rules that do affect them. Lenders don’t need to become BSA officers, but they do need to understand how BSA regulations connect to their daily responsibilities, from identifying suspicious activity to gathering proper documentation.
That’s why this program was created. BSA Training for Lenders is designed to be short, sweet, and to the point — yet comprehensive enough to ensure your lending staff truly grasp the BSA requirements that apply to them. It’s focused, practical, and built around real-world lending scenarios, so participants walk away knowing what to look for, what’s required, and why it matters.
This training is ideal for institutions that want their lenders to take a deeper dive into the BSA rules specific to lending. It goes beyond surface-level awareness and provides meaningful insight into how these requirements apply in day-to-day loan operations.
And it’s not just for lenders. The program is relevant for your entire loan department — including loan processors, loan support staff, and management — ensuring everyone involved in the lending process understands their role in maintaining BSA/AML compliance.
Participants will learn about the origins and key requirements of the Bank Secrecy Act, risk assessment basics, customer identification, due diligence and enhanced due diligence, currency transaction reporting (CTRs), suspicious activity reporting (SARs), and OFAC compliance. The training also explores common red flags and provides examples of fraud schemes and how they apply to a lender’s BSA responsibilities.
Best of all, the program delivers comprehensive, lender-focused BSA training in under an hour (45 minutes) and includes two flexible delivery options:
Private Portal Option: Access the training anytime through a custom page on our website.
Download Option: Download the video and share it with your team on your schedule.
An optional quiz (with answer key) is also included to document participation and understanding — helping your institution meet examiner expectations with ease.
This program is a practical, time-efficient way to strengthen your loan department’s understanding of BSA/AML — without wasting time on irrelevant details.
Special Offer: Purchase our BSA Training for Lenders and get the BSA Training for Front Line & Operations for 50% off. To enroll, email members@compliancecohort.com and include the number of branches, and we'll send your invoice.
*Have 30 or more branches? Contact us for pricing.
Our BSA Training for Lenders program is a seminar-style training for your entire lending team (processors, lenders, etc) that provides quick but in‑depth and practical explanations of the BSA/AML regulations that apply to those in lending. This 45-minute program delivers everything you would want your lending team to understand and know about BSA/AML, as it applies to their role within your organization, and does so in an easy-to-follow format.
One of the biggest benefits our training program offers is that it will save trainers and managers significant amounts of time. As BSA/AML regulations can be difficult to understand and even explain, our BSA Training for Lenders simply explains everything a member of a lending team needs to know about BSA/AML. Using layman’s terms and easy-to-understand language, our straightforward training video is accompanied by a comprehensive, but uncomplicated, training manual.
As training lenders can often be a logistical challenge due to scheduling and the spread-out nature of branch locations, our BSA Training for Lenders provides flexibility in how you want to use it to deliver the training your team needs. We understand that effectively training all of your lending team could be a huge undertaking for some. Therefore, we have done our best to make things as easy as possible for you. Specifically, our program offers the following:
A Downloadable Training Video. To make things as easy as possible in training all of your lenders who work in different branches, our training video comes with a download option. Instead of trying to cram all of your lenders into a single conference room at mid-day time which makes it impossible to have everyone involved, our program allows you to use the downloaded training video as you see fit. For example, some may choose to distribute the video to all branch managers so they can conduct the training at a time that is convenient for them and their team (such as a team meeting), while others may choose to have the video on a shared drive and require all lenders to watch the training video on their own. Whatever method is used, having a downloadable training video provides the flexibility needed to ensure that BSA/AML training for lenders is as efficient as possible.
A Private Portal for Video Viewing (Optional). As an alternative to downloading our training video, we can set your team up with a private portal that can be used to deliver the training video to your team. This option comes with an easy-to-access URL and a simple password that can be used by everyone on your team to view the training video. This is an optional delivery method, so just contact us to set up a private portal for you at no additional cost.
Downloadable Manual. This program comes with a downloadable training manual that outlines (in great detail) everything covered in the training video. While this manual isn’t necessary for those watching the video, it provides one additional method for attendees to learn - plus it can be used as a reference tool for years to come.
Optional Test. While some financial institutions may choose to utilize an attendance sheet to document that training was received by all employees, some may choose to allow their team to access the training video at a time that is convenient for them. For this reason, we have included an optional test that your financial institution may require attendees to complete as part of the training program. This ten-question test can help with comprehension as well as provide evidence of attendance.
While the logistics needed to conduct training for all lenders in your financial institution are challenging enough, conducting training that lenders understand - and actually retain - is typically the biggest challenge when conducting BSA/AML training. The truth is that BSA/AML rules are very complex. This means that creating effective, comprehensible training can take significant amounts of time, but in the end may still not be easy to understand due to the complex nature of the rule.
For this reason, many financial institutions look to outside experts for training assistance as experienced compliance professionals can often deliver BSA/AML training quicker and in easier-to-understand terms than what it would be worth to create internally. For example, your financial institution could hire a consultant to come on-site to conduct your compliance training. From our experience, this on-site training would ultimately cost around a couple of thousand dollars (at least) after you add in the cost of travel, not to mention figuring out how to get your consultant in front of all of your lenders during a single day.
Our BSA Training for Lenders provides the benefits of consultant-led education while providing the flexibility you need to easily deliver effective BSA/AML training to your lending staff.
As this training is designed for all of your lenders/lending team, of which the number of employees trained will vary from one financial institution to another, we have priced this program in tiers based on the number of branches you have:
1-5 Regular Price $449
6-15 Regular Price $599
16+ Regular Price $749*
*Have 30 or more branches? Contact us for pricing.
The program runs 45 minutes and provides a high-level overview of:
Money Laundering
BSA Laws
BSA Policy and BSA Officer
The 5 Pillars of a BSA/AML program
Key Elements of BSA Program that apply to lending:
Customer Identification Program (CIP)
Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
Currency Transaction Reporting
Suspicious Activity Reporting (including lending-related examples)
OFAC
The class includes the following:
A comprehensive manual/reference guide
A “virtual classroom” instructional video
This video can be downloaded so you can distribute it as you see fit
The video is 45 minutes
An optional test (for attendance and comprehension proof)
60-day online access to the class
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allows students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep. You can also download the video for this program .
We believe in our training products so much that we are offering a 100% money-back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
