PYMNTS

JANUARY 31, 2019

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 bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.

Community Bank 122

Community Bank Community FDIC Marketing 122

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. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

JUNE 24, 2010

of total assets at March 31, 2010 (see link below). dropped 24% from 2007 through the first quarter 2010. One regulator, on a panel at a banking conference, told a tale of a recent conversation he had with his regional director. Countless bank CEO''s, senior lenders, and bank directors tell me so. Are these more reliable?

Lending 65

Lending FDIC Regulation Regional 65

Jeff For Banks

SEPTEMBER 10, 2011

Neither supported this regional president''s opinion. They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. Bank of the Ozarks has historically been a very good performer as they grew and prior to their recent FDIC deal binge.

Arkansas 65

Arkansas South Carolina FDIC North Carolina 65