CFPB Monitor

JULY 9, 2020

Over the past six weeks, opposition to the OCC’s Community Reinvestment Act (“CRA”) final rule has hardened on two fronts. The plaintiffs also argue that the new rule would dilute bank investment in low- and moderate-income communities in ways that are “contrary to the letter and spirit” of the CRA. Maxine Waters (D-CA) and Rep.

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Groups Community FDIC California 140

PYMNTS

MARCH 16, 2016

Adam Schiff (D-CA) and Steve Stivers (R-OH) and included the signatures of 329 lawmakers. “Credit unions and community banks do not pose any systemic risk, yet the CFPB continues to issue rules that disproportionately hurt those community financial institutions,” Stivers said in a statement.

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Community Bank Community CA Regulation 100

South State Correspondent

SEPTEMBER 20, 2022

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. The top part of this range seems to be around 10.5%. Bank Marketing Lesson 7: Multicultural Marketing.

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Conference Marketing social media Data 195

Abrigo

AUGUST 3, 2017

For perspective, a mere 4 banks have opened since 2011, and two of those were in 2017 alone: both International Bank of Commerce of Oklahoma City, OK, and Blue Gate Bank of Costa Mesa, CA, opened in January 2017. For bankers considering starting a new bank, some of the hurdles you can expect include: 1.

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Oklahoma City FDIC Handbook Oklahoma 150

American Banker

NOVEMBER 1, 2016

Cathay General Bancorp in Los Angeles has agreed to a community reinvestment plan tied to its deal to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

Los Angeles 28

Los Angeles Community CA Community Bank 28

American Banker

JULY 21, 2016

Banc of California's second-quarter profits soared on stronger lending and credit quality. billion-asset company increased net income 66% from a year earlier to $26.5 million, it said in a news release Thursday.

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California Lending Company CA 28

American Banker

NOVEMBER 3, 2016

which reported a third-quarter loss tied to credit issues, has elevated two lending officers to executive-level posts. Opus Bank in Irvine, Calif.,

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Lending Report CA Community Bank 28

American Banker

OCTOBER 24, 2016

Opus Bank in Irvine, Calif., reported a larger-than-forecast quarterly loss after deciding to set aside more reserves than it predicted it would a week earlier.

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Report Lending CA Community Bank 28

American Banker

JULY 25, 2016

which said it will pull back on tech lending even though that had become one of its most important niches. Problem technology credits drove down quarterly profits at Opus Bank in Irvine, Calif.,

Lending 28

Lending Technology CA Community Bank 28

American Banker

AUGUST 23, 2016

The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they are safer.

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Lending CA Community Bank Regional 28

American Banker

OCTOBER 13, 2016

California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.

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Training California Lending CA 28

American Banker

OCTOBER 17, 2016

million in chargeoffs tied to eight loans in its technology, commercial and specialty lending divisions. Opus Bank in Irvine, Calif., said Monday that it expects to report a third-quarter loss of 5 cents a share, reflecting $38.8

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Lending Technology Report CA 28

American Banker

MARCH 29, 2016

has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group. Opus Bank in Irvine, Calif.,

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Groups Lending CA Community Bank 28

American Banker

MAY 11, 2016

But whether they are exploring out-of-market opportunities, staying local or employing robo-advisers, banks all have the same goals: to generate more fee income at a time when margins from lending continue to shrink.

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Lending Strategy Marketing CA 28

American Banker

DECEMBER 23, 2016

Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.

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California CA Community Bank Capital 28

American Banker

MAY 23, 2016

Nonperforming commercial-and-industrial loans are soaring, and loans to farmers and construction firms — not just oil and gas companies — are a big reason.

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Industry Company CA Community Bank 31

American Banker

SEPTEMBER 28, 2016

Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.

Fresno 28

Fresno CA Community Bank Community 28

American Banker

AUGUST 31, 2016

Plenty of banks have ended their federal loss-share deals early, but despite the incentives to wind them down, plenty more still have these crisis-era arrangements in place. It may be due to varying deadlines, mistakes calculating loan values or worries that they still might need the coverage for home equity lines.

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FDIC CA Community Bank Regional 28

American Banker

MAY 5, 2016

Banc of California bulked up quickly in the aftermath of the financial crisis, first through acquisitions and now with organic growth. CEO Steven Sugarman discusses how his bank manages its exposure while preparing to cross an important regulatory threshold.

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Management California CA Community Bank 28

American Banker

MAY 5, 2016

Banc of California bulked up quickly in the aftermath of the financial crisis, first through acquisitions and now with organic growth. CEO Steven Sugarman discusses how his bank manages its exposure while preparing to cross an important regulatory threshold.

California 28

California Management CA Community Bank 28

American Banker

APRIL 7, 2016

BofI Holding is looking to make more acquisitions and its leader doesn’t think accusations from a former employee are unlikely to hold up a deal, even though they’ve dragged down the stock price.

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CA Community Bank Community Strategy 28

American Banker

NOVEMBER 29, 2016

Opus Bank in Irvine, Calif., has hired a veteran risk manager to structure senior debt for commercial and specialty banking.

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Risk Management Management CA Community Bank 28

PYMNTS

APRIL 11, 2019

“I am concerned that several of these institutions are simply too big to manage their own operations, too big to serve our communities and too big to care about the harm they have caused,” said Representative Maxine Waters (D-CA), chair of the committee. Others mentioned shadow banks, which are non-bank lenders.

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Lending America cryptocurrency System 158

PYMNTS

APRIL 11, 2019

“I am concerned that several of these institutions are simply too big to manage their own operations, too big to serve our communities and too big to care about the harm they have caused,” said Representative Maxine Waters (D-CA), chair of the committee. Others mentioned shadow banks, which are non-bank lenders.

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Lending America System CA 100