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Acquisition and integration considerations for banks in 2024

Abrigo

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape."

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Understanding U.S. Regulator’s Proposed Extended Comment Period

Perficient

Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions.

DC 221
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Decoding SVB’s Failure & FDIC’s Special Assessment

Perficient

In various press releases, the Federal Deposit Insurance Corporation (FDIC) has highlighted that an estimated $16.3 Commencing with the first quarterly assessment period of 2024 (i.e., January 1 through March 31, 2024), larger banks will be expected to remit payments by June 28, 2024.

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OCC Highlights, AML & CRA Risks

Perficient

YOU MAY ENJOY: Regulatory Reporting in Financial Services Modernizing CRA Regulations Managing compliance risk frameworks in alignment with existing risk profiles is crucial as customer needs evolve. The effective date of the new rule is April 1, 2024, with key provisions taking effect on January 1, 2026, and January 1, 2027. Banks

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5 regulatory issues to watch in banking this year

American Banker

How the FDIC, the Federal Reserve and other regulators are working to keep banks in compliance through 2024.

FDIC 83
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OCC, Federal Reserve, and FDIC issue final Community Reinvestment Act rule

CFPB Monitor

Although the final rule is effective April 1, 2024, the compliance date for the majority of the rule’s provisions is January 1, 2026. . Continue Reading

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

The FDIC Approved This Ad How many times did we hear a speaker admonish the audience to “be sure and sign up for the FDIC notification list.” M&A Dynamics Last year, we left AOBA noting that most bankers were optimistic about deals picking up later in 2023 and that the chances of a raging 2024 were strong. Five Hundred? (Oh