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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times.

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times.

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OCC, Federal Reserve, and FDIC issue final Community Reinvestment Act rule

CFPB Monitor

On October 24, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued a final rule amending their regulations implementing the Community Reinvestment Act. Continue Reading

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OCC issues final CRA rule (but FDIC takes a pass)

CFPB Monitor

The OCC has issued a final rule revising its regulation implementing the Community Reinvestment Act (CRA). Although the OCC’s proposed revisions were issued jointly with the FDIC, the FDIC did not join in the final rule. The final rule applies to national banks and federal savings associations.

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The OCC’s final CRA rule: what changed from the agency’s proposed rule?

CFPB Monitor

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. of Community Development Fund Advisors. Thomas, Ph.D., Click here for more information and to register.

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Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

PopularBank

In addition to Molly’s impressive track record leading PAB, she has been actively involved in community work, serving on the board of United Community Options of South Florida, an organization that helps developmentally challenged individuals reach their full potential through educational workshops and activities. “We

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The OCC’s CRA final rule: changes and highlights

CFPB Monitor

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Small and intermediate banks must comply with the rule by January 1, 2024. This is the second in a series of five blog posts about the final rule. Qualifying Activities.