2006 Capital FDIC Operations 
Abrigo
DECEMBER 2, 2014
To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Another bright spot: less than seven percent of community banks were unprofitable – the lowest since the second quarter of 2006. They performed better than a year ago and also outperformed the industry as a whole.
PYMNTS
OCTOBER 17, 2017
An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Before this year, the last time that happened was in 2006, when Walmart made a move on an ILC.
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Jeff For Banks
OCTOBER 29, 2016
In 2006, when the median asset size within my firm's profitability outsourcing service was $696 million, the operating cost per business checking account was $586 per year. billion, and the operating cost per business checking account is $710. We merge, citing economies of scale, but fail to realize them.
Jeff For Banks
AUGUST 2, 2021
2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. 8/ @Schornack It is a niche that has only grown over time and one that has shown very little net losses since we started making these loans around the U of M in 2005-2006.
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. The Rundown on the Run-up to the Decisions. lending marketplace.
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