Jane Trapp, Assistant Vice President, Compliance Officer and Community Reinvestment Act Officer at American Perspective Bank, was recently awarded the Certified Regulatory Compliance Manager (CRCM) designation from the Institute of Certified Bankers (ICB), a subsidiary of the American Bankers Association, in Washington, DC.
Trapp joined American Perspective Bank in 2011, where her primary responsibility is to ensure that the bank is compliant with all banking regulations, and her CRCM designation showcases her level of expertise and experience in that role. Trapp has worked in the local banking industry for over 20 years, most recently at Santa Barbara Bank and Trust.
She also is an active member of The Rotary Club of Santa Maria and volunteers with Court Appointed Special Advocates (CASA) of Santa Barbara County. Trapp is a native of Pennsylvania where she attended Bloomsburg State University and studied business administration. She and her husband Craig have lived in Santa Maria for the past 15 years.
The CRCM designation is awarded to individuals who demonstrate excellence in the field of bank regulatory compliance. To qualify for the CRCM certification, individuals must have certain levels of experience and education in the compliance profession, pass an exam and agree to abide by a code of ethics. The CRCM exam covers regulatory requirements as they relate to credit, deposits/securities, safety and soundness, information reporting and corporate responsibility.
Financial services professionals, working through the Institute of Certified Bankers, initiated the CRCM designation and eight others in order to establish meaningful standards of knowledge in specialty areas of the financial services industry. ICB certifications formally recognize those who meet these standards and meet professional continuing education and development requirements.
The ICB, with 8,000 certified members, provides financial services professionals with confidence, credibility and recognition through its certifications. As a subsidiary of the American Bankers Association, ICB promotes the highest standards of performance in the financial services industry by validating individuals’ knowledge and expertise.
For more information about the Institute of Certified Bankers and its professional certifications, call (202) 663-5092 or visit www.aba.com/icb.
About American Perspective Bank
Since 2007, American Perspective Bank has served commercial enterprises, professionals, real estate investors, family business entities and residents in San Luis Obispo and Santa Barbara counties. For more information, visit www.AmericanPerspectiveBank.com, or call (805) 226-5300.