For a copy of Mr. Cooney's CV click here

Gene Cooney has over 35 years of banking experience as a line manager and consultant. As a manager he has had responsibility for all aspects of deposit operations; many aspects of loan administration and the operations associated with cash management products. As a consultant he has been involved in the detail associated with deposits, loan administration and cash management. Previous clients have included but are not limited to banks, savings and loans, credit unions and other financial services organizations to include pension, annuity, investment management and insurance companies.

Gene has served as an expert in state and federal cases addressing the needs of clients from North America, South America and the Bahamas. The clients have been both plaintiffs and defendants involved in civil and criminal actions. These actions involved amounts at issue ranging from $100,000 to $130 million and were associated with financial institutions having assets ranging from $140 million to $1.3 trillion.

His cases have run the gamut of traditional issues to include but not limited to checks and check processing, deposit accounts (checking, savings, CDs etc.) the illegal movement of funds, loan administration; electronic funds transfer (ATMs, ACH, Wires); return items; violation of check processing, teller, deposit and cash management procedures and standard practices; violation of banking regulations; disaster recovery, a Ponzi scheme, bank fraud and embezzlement.

Gene has also been involved with many contemporary issues both as a consultant and an expert to include various forms of aiding and abetting money laundering by depositing embezzled or fraudulently obtained funds into bank accounts or using the funds as collateral for loans; identity theft; Check 21 replacement documents; point of sale (POS); and no-envelope ATMs.

• Deposit and Operating Issues:
• Bank Operations
• Check Processing, Check 21, Check Procedures
• Deposits and Deposit Procedures
• Adjustments, Return Items/NSF Checks
• Deposit and Subsidiary Application System Software
• Electronic Banking Transactions:
• Debit Cards
• Wire Transfers
• Automated Clearing House (ACH)
• Automated Teller Machines (ATMs)
• Point of Sale (POS).
• Money Market Accounts
• Remote Deposit Capture
• Savings Instruments:
• Certificates of Deposit
• Individual Retirement Accounts (IRAs)
• Statement Savings

• Other Banking Issues:
• Anti-Money Laundering
• Bank Fraud
• Bank Policies & Procedures
• Bank Secrecy Act
• Embezzlement
• Forgery
• Identity Theft
• Industry Standards
• Regulatory Compliance
• Standards of Care

• Cash Management/Treasury Management Products:
• Account Reconcilement
• Controlled Disbursements
• Funds Concentration
• Payment Processing - Retail & Wholesale Lockbox
• Positive Pay (including Payee)
• Sweep Accounts
• Zero Balance Accounts
• Other Payables & Receivables Products

• Loan Issues
• Loan Operations and Administration
• Loan Application System Software

We have developed an approach to many deposit account issues using Bank Secrecy Act/Anti-Money Laundering regulations and legislation that has proven to be very successful with many fraud and embezzlement issues where the illegally obtained funds are deposited to bank accounts.

For additional information on Mr. Cooney's background click here.

 

Services   Selected Cases

 

Both attorneys and their clients need an extremely reliable, knowledgeable partner to provide banking and regulatory information, analysis of data and an understanding of current bank processes, policies, procedures, regulations and technology. Mr. Cooney has over 30 years of hands-on financial services experience with banks and other financial services organizations. His experience includes virtually all aspects of financial services accounts, paper and electronic transactions and exceptions plus the software that supports these services and General Ledger and system accounting and control techniques supporting these applications.