Kristen J. Ferwerda, CRCM
Director, Wipfli Advisory LLC
Kristen Ferwerda is a director in Wipfli’s financial services practice, where she works with clients to assess the effectiveness of compliance and Bank Secrecy Act/Countering the Financing of Terrorism (BSA/CFT) policies, procedures and practices for financial institutions and non-bank financial institutions. With over 25 years of banking experience, she leverages her deep knowledge of BSA and regulatory compliance to provide clients with the necessary tools to be successful in their banking operations.
Credentials
- Certified Regulatory Compliance Manager
Professional memberships and activities
- Phi Theta Kappa - Member
Areas of Focus
- Managing large BSA lookbacks and other custom BSA projects
- Assisting with post-examination remediation and enforcement action resolution
- Facilitating BSA speaking engagements
Education
Upper Iowa University- Bachelor of science degree in accounting - Graduated cum laude
Recent Insights
Articles
Streamlining BOI verification with FinCEN exceptive relief
Mar 19, 2026
Managing FinCEN’s new Section 2313a prohibitions
Aug 06, 2025
High-risk customer monitoring: Getting it right
Feb 28, 2025
BSA requirements for investment advisors
Jun 04, 2024
FinCEN releases updates to the beneficial ownership FAQ
Oct 02, 2023
Breaking down the joint statement on crypto-asset risks to financial institutions
Feb 06, 2023
Risk-based approach to independent ATM owners or operators
Sep 20, 2022
Spotlight on credit union risk
Mar 23, 2022
Interagency statement clarifies model validation expectations
Sep 07, 2021
How financial institutions can assess risks of nonprofits
Mar 02, 2021
Bank Secrecy Act training expectations and best practices
Jun 22, 2020
To file or not to file, that is the question
Dec 17, 2019
Suspicious activity monitoring and human trafficking
Dec 17, 2019
How to minimize risks with accounts opened online
Aug 29, 2019
Banking a Marijuana Business
Dec 18, 2018
Beneficial Ownership Burning Questions (and Answers)!
Aug 27, 2018
Videos And Webcasts
Risk Roundtable: Combat fraud and operational risk
Mar 18, 2026
Navigating AML/CFT risk assessments
Jan 21, 2025
