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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Concerns about successors to today’s executive leadership teams dominated many presentations. The FDIC Approved This Ad How many times did we hear a speaker admonish the audience to “be sure and sign up for the FDIC notification list.” While the mood felt upbeat and optimistic (maybe it was the sunny and mid-70s weather?),

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. Earlier this month, separate reports revealed that MOXY Bank has been approved by the Federal Deposit Insurance Corporation (FDIC) to launch in Washington, D.C.,

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The Death of the Community Bank

Jeff For Banks

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. Eighteen percent of that group opened an account at a digital bank. Two percent opened an account at a community bank. It was a pretty alarming slide.

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Bankers: Are We Accountable?

Jeff For Banks

Twenty years ago there were 14,000 FDIC-insured financial institutions. Banking is an industry that is particularly susceptible to external forces such as interest rates, business and consumer confidence, and the economy (both local and national). Today that number is cut in half. The reasons are many. But I digress.

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More Gain, Less Pain

Independent Banker

He’s part of the FSSCC work group that created the Excel option.). These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. The Excel format would have shaved off 10 hours,” he says. FFIEC’s Cybersecurity Assessment Tool.

Tools 70
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More Gain, Less Pain

Independent Banker

He’s part of the FSSCC work group that created the Excel option.). These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. The Excel format would have shaved off 10 hours,” he says. FFIEC’s Cybersecurity Assessment Tool.

Tools 70
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Executive order on digital assets includes roles for CFPB, FTC, federal banking agencies

CFPB Monitor

The Order sets out the following national objectives with respect to digital assets: consumer and investor protection; protection of financial stability and mitigation of systemic risk; mitigation of illicit finance and national security risks; reinforcement of U.S.

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