Remove Community Bank Remove Regional Remove Regulation Remove Washington
article thumbnail

Washington Watch

Independent Banker

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Needless to say, the advocacy process with the CFPB has moved at the speed of Washington.

article thumbnail

Washington Watch

Independent Banker

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Needless to say, the advocacy process with the CFPB has moved at the speed of Washington.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dimon, Shareholders Split On Possible JPMC Breakup Review

PYMNTS

In his annual letter to shareholders, Dimon went on, at some length, to say that the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. “In

article thumbnail

First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

article thumbnail

Everything Looks Good in FDIC Report Card, Except.

American Banker

Yet there was one statistic that is likely to fuel more calls for help from Washington. s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income.

FDIC 28
article thumbnail

The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 9) Brand Matters: SVB had one of the best brands in banking. Watching the banking crisis unfold, thousands of customers came to the bank’s defense.

article thumbnail

The Wit And Wisdom Of Investor Letters

PYMNTS

Dimon went on to discuss, at some length, the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. But JPMC and its OnDeck partnership indicates the bank’s interest in keeping their frenemies close. On that point, however, the jury is out.