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FDIC examiners may need higher pay, freer voice to bolster supervision

American Banker

The FDIC's New York regional office faced staffing shortages throughout its supervision of now-failed Signature Bank. Experts say more competitive wages, culture shifts and whistleblower protections could help regulators attract and retain talent and improve oversight.

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First Republic plunges on expectation of seizure by FDIC

BankInovation

First Republic Bank shares fell as much as 54% in extended New York trading on speculation that it would be seized by regulators, as regional US lenders are pressured by deposit drains and weakening investments.

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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., and offer clients FDIC-insured accounts. It was the latest example of the bank-FinTech collaboration trend expanding across borders to help FinTechs enter new geographic markets and comply with local regulations.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Walden Mutual aims to serve New England’s food community

Independent Banker

If it opens its doors as planned in January 2022, Walden Mutual Bank will be the first new mutual bank charter in New Hampshire in a century and the country’s first new mutual charter in five decades. Cummings says Walden Mutual’s mission is to support New England’s emergence as a leader in sustainable and local food.

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Small Banks Vow To Protect Regulations Keeping Retailers And Tech Giants Off Their Turf

PYMNTS

The proposal by the OCC was made at a banking conference in New York. If Walmart wants to be a bank that’s fine, as long as they make the appropriate investments to protect the parts of the banking system that are so critical,” said Kelly King, chief executive at regional lender BB&T Corp.

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Welcome to New Orleans

Independent Banker

Tech entrepreneur and New York Times bestselling author on business creativity, innovation and reinvention. State/Regional Partners Reception*. State/Regional Affiliate Associations & Exhibitor Receptions*. Linkner is a featured general session speaker at Community Banking Live 2016 in New Orleans. jjhartings.