American Banker

MARCH 27, 2024

VersaBank in London, Ontario, agreed nearly two years ago to buy a small Minnesota bank. The buyer's CEO says he remains hopeful approval will come soon.

Minnesota 73

Minnesota Regulation Community Bank Community 73

American Banker

JULY 21, 2023

The Minnesota Bankers Association and Lake Central Bank jointly filed a lawsuit against the Federal Deposit Insurance Corp. over its nonsufficient funds fee rules' inclusion of "unfair or deceptive acts or practices" violations in its policy.

Minnesota 28

Minnesota FDIC Policies Compliance 28

PYMNTS

DECEMBER 27, 2019

percent: Proposed food and beverage sales tax to affect North Mankato, Minnesota in 2020. Data: 2018: Year of the Wayfair ruling, which limited retailers’ physical presence to tax-exempting states. 100: Minimum number of local tax codes in Alaska. percent: Tax rate imposed on online sellers in Illinois starting in 2020. $4M:

Taxes 131

Taxes Alaska Minnesota Compliance 131

American Banker

SEPTEMBER 20, 2023

The lawsuit takes issue with the agency's 2022 guidance on nonsufficient funds fees, a hot-button topic in the banking industry. The FDIC is asking a judge to dismiss the case, arguing that the plaintiffs lack standing to sue.

FDIC 36

FDIC Minnesota Industry Compliance 36

PYMNTS

DECEMBER 27, 2016

“Our overarching mission is to provide compliance services for small businesses, businesses that don’t have in-house attorneys or tech professionals, to provide the info that small businesses need to comply with employee management and tax reporting requirements,” said Susan Drenning, president of ComplyRight Inc.

Regulation 100

Regulation San Francisco Nebraska Trends 100

Independent Banker

OCTOBER 1, 2022

Regulators paying closer attention to cyber risks. Bank regulators have become keenly aware of how a cyber event could impact the financial stability of a bank, bank customers and also bank employees,” says Jared Gentile, assistant vice president, bond and specialty insurance at Travelers. Beth Mattson-Teig is a writer in Minnesota.

Montana 152

Montana Policies Resources FDIC 152

Independent Banker

DECEMBER 28, 2015

Outsized regulation shapes the business climate and decisions. Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. By Denise Logeland. Fearful of mistakes. And Center, N.D.,

North Dakota 70

North Dakota Community Bank Community Compliance 70