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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.

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Powering-Up Tools: Your Membership Resources

Independent Banker

An interview with Paul McGuire, ICBA’s executive vice president, national solutions group. With a consultative approach, I ensure members’ needs are being met through our eight regional offices,” he says. A daily email newsletter that provides a comprehensive coverage of breaking industry news, including policy matters in Washington.

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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. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. . Bloomberg listed Casey G.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

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.

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. FSNB, National Association. Pioneer Trust Bank, National Association. AMG National Trust Bank. HNB National Bank. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. By William Atkinson.

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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Ed Perlmutter and Washington Rep. Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses. My bank cannot serve the regional utility provider because” it sells power to legal cannabis operations, he said. It’s a regulatory quagmire,” Deckard said.

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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

Two of the speakers at the hearing — Colorado Ed Perlmutter and Washington state Rep. Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses. My bank cannot serve the regional utility provider because” it sells power to legal cannabis operations, he said.

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