2018 Capital FDIC Lending 
Abrigo
JANUARY 29, 2020
Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending.
CFPB Monitor
AUGUST 13, 2018
McWilliams stated that the FDIC’s top priorities included: (1) reducing regulatory burden on community banks; (2) increasing the speed with which the FDIC reviews charter and deposit insurance applications; and (3) assisting banks to introduce new financial products that serve underserved communities.
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CFPB Monitor
MARCH 26, 2020
The CFPB, OCC, FDIC, Federal Reserve, and NCUA have issued a joint statement “to specifically encourage” banks, savings associations, and credit unions “to offer responsible small-dollar loans to both consumers and small businesses” in response to the COVID-19 outbreak. For example, what rates will the agencies view as “responsible”?
PYMNTS
AUGUST 14, 2019
In Australia, this blurred line between small business and consumer financial services became the focus of a recent SmartCompany report highlighting the challenge that small business owners face when seeking working capital. There is a “blurring in the line between lending to small business and personal credit,” she added.
Jeff For Banks
DECEMBER 10, 2023
Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Total return includes two components: capital appreciation and dividends.
PYMNTS
APRIL 6, 2020
But to do that, the bank may have to have its asset cap, placed there by law after a fake accounts scandal in 2018, lifted so it can do more to help, according to the Financial Times. But under the restrictions, the bank will only be doing 3 percent of the total aid for the country’s SMB owners.
PYMNTS
OCTOBER 11, 2017
Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. The CFPB final payday lending rule is an important step, Horowitz said, but there are many more steps to come. Banks need clear guidelines from a host of players.
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