Exercises, FDIC and National - Community Banking Brief

How to Choose a Hedge Provider as a Bank

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies.

How To

How To Community Bank Community FDIC

Plaintiffs in lawsuit challenging OCC Madden-fix rule move for summary judgment

CFPB Monitor

DECEMBER 18, 2020

The Attorneys General of California, Illinois, and New York have filed a motion for summary judgment in their lawsuit filed against the Office of the Comptroller of the Currency (OCC) to enjoin the OCC’s final rule purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations.

FDIC

FDIC District of Columbia North Carolina New Jersey

State AGs file opposition to OCC’s summary judgment motion

CFPB Monitor

FEBRUARY 19, 2021

The Attorneys General of California, Illinois, and New York have filed their opposition to the OCC’s cross-motion for summary judgment in their lawsuit to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations.

FDIC

FDIC National Illinois Exercises

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

OCC adopts final rule to resolve uncertainty created by Madden

CFPB Monitor

JUNE 1, 2020

In that decision, the Second Circuit held that a nonbank that purchased charged-off loans from a national bank could not charge the same rate of interest on the loan that Section 85 of the National Bank Act allowed the national bank to charge. Midland Funding. 85] [12 U.S.C 85] [12 U.S.C

FDIC

FDIC National Lending Analysis

Conference of State Bank Supervisors files new lawsuit to block OCC approval of Figure Technologies charter application

CFPB Monitor

JANUARY 5, 2021

federal district court to block the OCC from granting a national bank charter to Figure Technologies Inc. federal district court challenging the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies. The Conference of State Bank Supervisors (CSBS) has filed a lawsuit in D.C.

Conference

Conference Technology District of Columbia FDIC

The Current Banking Crisis – 10 Not So Apparent Lessons

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

social media FDIC Branding Management

OCC files to motion to dismiss CSBS lawsuit seeking to block OCC approval of Figure Technologies charter application

CFPB Monitor

MAY 4, 2021

federal district court seeking to block the OCC from granting a national bank charter to Figure Technologies Inc. The lawsuit represents CSBS’s third challenge to the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies. The first two lawsuits were dismissed on ripeness grounds.

Technology

Technology National Regulation FDIC

OCC issues proposed “true lender” rule

CFPB Monitor

JULY 22, 2020

Less than two months after issuing its final “ Madden fix” rule , the OCC has now issued a proposed rule to address when a national bank or federal savings association should be considered the “true lender” in the context of a third party relationship. Presumably, we will soon see a proposed “true lender” rule from the FDIC.

National

National Lending Exercises FDIC

Potential regulatory and legislative implications of blue wave on consumer financial services highlighted in Ballard Spahr webinar

CFPB Monitor

OCTOBER 19, 2020

Key takeaways regarding the implications of a blue wave scenario include the following: Chris Willis commented that the CFPB’s approach to the exercise of its authorities is likely to reflect criticism by Democrats that the CFPB has been lax in its approach to industry under Director Kraninger’s leadership. (In

Leadership

Leadership FDIC Exercises Lending

Guidance on TDRs Eases Coronavirus Workout Pressures

Abrigo

MARCH 25, 2020

The FDIC chairman had earlier asked FASB to exclude coronavirus-related modifications from being labeled a concession when determining a TDR, saying that while regulators encouraged working with borrowers, institutions worried modifications would trigger a TDR classification. “The Modifications not automatically TDRs.

FDIC

FDIC Regulation Exercises Community

California court rejects OppFi’s attempt to block DFPI’s “true lender” challenge to loans made through bank partnership

CFPB Monitor

OCTOBER 6, 2022

Thus, there was no doubt in Jones that [a national bank] was the actual lender and that [the national bank] qualified for an exemption from the usury restrictions. The FDIC’s view at that time was that state law controls when a loan is made by a state bank and the FDIC could not preempt state law on this issue.

California

California FDIC Analysis Utah

OCC issues final “true lender” rule

CFPB Monitor

OCTOBER 29, 2020

The OCC has issued a final rule to address when a national bank or federal savings association should be considered the “true lender” in the context of a partnership with a third party. The “true lender” rule interprets the provisions of the National Bank Act (NBA), the Federal Reserve Act, and the Home Owners’ Loan Act (HOLA) (12 U.S.C.

National

National Lending Exercises FDIC

Dear Mr./Ms. Bank Regulator

Jeff For Banks

AUGUST 2, 2014

Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap"). Warm Regards, Schmidlap National Bank. You opined they lacked analytic rigor. That, Mr. Whatshisname, is the definition of tyranny.

Regulation

Regulation DC FDIC Analytics

NY federal district court deals blow to OCC fintech charter

CFPB Monitor

MAY 6, 2019

In doing so, the court found that the term “business of banking” as used in the National Bank Act (NBA) “unambiguously requires receiving deposits as an aspect of the business.”. National Resources Defense Council, Inc. The court’s textual analysis started with a review of the powers of national banks under the NBA.

Fintech

Fintech New York National Regulation

Consumer Banking Predictions 2019: Four Trends to Watch

FICO

DECEMBER 20, 2018

The annual exercise of staring into our crystal balls and making predictions for the coming year has begun. Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. small-dollar lending market.

Trends

Trends Lending Fraud Exercises

Stupid Bank Names

Jeff For Banks

FEBRUARY 1, 2015

In the mid to late 1990''s, my employer, First National Bank of Maryland based in Baltimore, bought Harrisburg, Pennsylvania based Dauphin Deposit Bank. Are you going through a similar exercise? Innovative Bank - Through the worst banking crisis since the Great Depression, only about 5% of FDIC-insured financial institutions failed.

Pennsylvania

Pennsylvania Baltimore Branding Indiana

Consumer Lending Compliance: Hot-Button Issues to Monitor

Abrigo

NOVEMBER 22, 2021

Numerous regulatory resources go into detail, including fair lending videos from the FDIC and examination procedures published on the Consumer Financial Protection Bureau’s website. However, according to the FDIC , they can be deemed as such based on their information sharing practices.

Compliance

Compliance Lending Risk Management Regulation

How the 2022 Stress Test Scenarios Can Help Small Banks & Credit Unions

Abrigo

MARCH 17, 2022

The Federal Reserve Board, OCC, and FDIC provided two hypothetical scenarios: baseline and severely adverse. The stress test scenarios present hypothetical levels on common national level economic factors. Baseline & Severely Adverse. What's in the 2022 stress test scenarios. financial institutions.

Capital

Capital Regulation Risk Management Community

Community Banking Brief

How to Choose a Hedge Provider as a Bank

Plaintiffs in lawsuit challenging OCC Madden-fix rule move for summary judgment

Webinars

Trending Sources

State AGs file opposition to OCC’s summary judgment motion

Webinars

OCC adopts final rule to resolve uncertainty created by Madden

Conference of State Bank Supervisors files new lawsuit to block OCC approval of Figure Technologies charter application

The Current Banking Crisis – 10 Not So Apparent Lessons

OCC files to motion to dismiss CSBS lawsuit seeking to block OCC approval of Figure Technologies charter application

OCC issues proposed “true lender” rule

Potential regulatory and legislative implications of blue wave on consumer financial services highlighted in Ballard Spahr webinar

Guidance on TDRs Eases Coronavirus Workout Pressures

California court rejects OppFi’s attempt to block DFPI’s “true lender” challenge to loans made through bank partnership

OCC issues final “true lender” rule

Dear Mr./Ms. Bank Regulator

NY federal district court deals blow to OCC fintech charter

Consumer Banking Predictions 2019: Four Trends to Watch

Stupid Bank Names

Consumer Lending Compliance: Hot-Button Issues to Monitor

How the 2022 Stress Test Scenarios Can Help Small Banks & Credit Unions

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