Events Calendar

Webinar: Effective & Compliant Pre-Employment Background Checks
Thursday, August 27, 2020, 03:00pm - 04:30pm

Do you pull credit reports on job candidates? FCRA has a very specific set of protections and notifications for applicants – and significant penalties for noncompliance. Learn how to protect your financial institution while finding the right new team member.


  • Understand FCRA’s technical requirements
  • Assess the impact of security regulations
  • Appreciate the different types of credit reports
  • Comply with the requirements of timely adverse action notifications
  • Ensure fair evaluations


Financial institutions are under increasing pressure to ensure the right candidate is hired. But remember, the “right” candidate not only has the desired skills and personality, but also meets the applicable security and bondability requirements. In addition, there are significant legal risks surrounding the use of credit reports and other evaluation tools.

Pre-employment screening often involves using credit reports as an evaluation tool. Unfortunately, many institutions fail to follow the Fair Credit Reporting Act’s (FCRA) basic compliance requirements, which include a very specific set of protections and notifications for applicants and serious ramifications for violations. Are your internal policies and procedures up to the task? This webinar will reveal the tangled web of rules and regulations surrounding the seemingly simple process of using credit reports and other evaluation tools in the employment process.


This informative session is designed for senior executives, managers, compliance personnel, human resources staff, internal auditors, and anyone involved with hiring and recruitment.


  • FCRA policy
  • Sample pre-employment credit report checklist
  • Regulatory guidance
  • Employee training log
  • Interactive quiz

SPEAKER:  David A. Reed, Reed & Jolly , PLLC

Attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.

A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.