PYMNTS

MARCH 4, 2019

Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. As Tente noted, the state of Massachusetts already has a ban on cashless businesses, and the law has been on the books since the late 1970s.

Retail 129

Retail New York City New York New Jersey 129

South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. 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.

social media 195

social media FDIC Branding Management 195

Abrigo

FEBRUARY 16, 2015

One of the topics continually making headlines in banking today is the cost of regulation. A popular opinion, brought to the forefront last week by a Harvard University report , is that these regulations are imposing a significant burden on small financial institutions such as community banks and credit unions.

Community Bank 150

Community Bank Community Regulation Lending 150