Perficient

AUGUST 16, 2023

A rather small bank, as of the end of its first quarter, the bank reported $139 million in total assets and $130 million in total deposits in its FDIC Call Report. Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. He was promoted to President and CEO in 2008.

United States 221

United States Kansas FDIC Risk Management 221

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. The FDIC's quarterly Supervisory Insights for Summer 2011 had a list! What were disfavored industries?

Operations 78

Operations Lending FDIC Industry 78

Jeff For Banks

OCTOBER 5, 2020

ESB's President was a dominant official with significant control over bank operations and limited oversight by the Board of Directors (Board). When the TDB shut them down and the FDIC investigators came in, they had to occupy the church next door because of the smell from the fire. The FDIC issued this guidance in June 2011.

FDIC 78

FDIC Fort Worth Dallas Texas 78

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Proposed Rule. Commenters have until Nov.

Lending 195

Lending Data Regulation Community 195

Jeff For Banks

DECEMBER 26, 2012

For comparison purposes, here are last year''s top five, as measured during September, 2011: #1 BofI Holdings, Inc. #2 So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit. Hingham''s ROA from 2007-2011 was 0.63%, 0.81%, 0.93%, 1.05%, and 1.14% respectively.

Texas 78

Texas National FDIC Capital 78

PYMNTS

OCTOBER 13, 2016

I think it was a real advantage to us to start during an economic downturn,” says Kathryn Petralia, a co-founder and Head of Operations at Kabbage. “It The business made its first loans in May 2011, and now there are now about 335 employees in four locations including the U.K., which was added in 2013. “We

Regulation 100

Regulation Lending US FDIC 100

Jeff For Banks

MARCH 3, 2018

When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. They can be a strategic shift of your franchise, a new product line, or a new operating environment. Was I, gulp, a futurist? Today there are less than 5,700. A 26% decline. Was I a futurist?

Apple 65

Apple Millennials Massachusetts FDIC 65