American Banker

MAY 20, 2016

government is prosecuting a former agency employee over a 2012 breach. As the Federal Deposit Insurance Corp. grapples with a series of newly revealed cybersecurity incidents, the U.S.

FDIC 31

FDIC Cyber Security Security Regulation 31

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. 10/ @Schornack For perspective, the net interest income + non-interest income (Revenues for 2012) were a total of $4.2 million in 2012 to $12.2 million in 2020.

Community Bank 78

Community Bank Community Minnesota Metro 78

CFPB Monitor

NOVEMBER 24, 2020

The proposal’s background discussion references “Operation Choke Point, ” a federal initiative launched in 2012 involving the FDIC and other federal agencies.

Operations 78

Operations Industry Analysis Policies 78

CFPB Monitor

SEPTEMBER 27, 2016

The federal agencies covered by the bill include the CFPB, Federal Reserve, FDIC, NCUA, OCC, FTC, and HUD. In November 2012, the CFPB launched “Project Catalyst,” an initiative for facilitating innovation in consumer-friendly financial products and services.

Fintech 60

Fintech Innovation Compliance Policies 60

PYMNTS

SEPTEMBER 25, 2017

In truth, SoFi’s odds were probably never incredibly strong – the FDIC has turned down this type of application multiple times in the past. “So, The FDIC won’t act in a vacuum,” an unnamed source told Reuters. For most regulators, management is the single most important issue.”. Now, they become almost impossible,” Levitt noted.

FDIC 108

FDIC Data Policies Report 108

Independent Banker

SEPTEMBER 22, 2015

Recently Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012, followed by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). Model language has been provided in Appendix A of the regulation. Additionally, it implements a Biggert-Waters mandate related to the force placement of flood insurance.

Regulation 70

Regulation Policies Community Bank Taxes 70

Jeff For Banks

OCTOBER 29, 2016

In my firm's most recent podcast , we discussed the recently released FDIC Summary of Deposits data that showed, with all of the negative price surrounding large financial institutions, FDIC-insured banks with >$10 billion in assets moved from an 80.6% deposit market share in 2012 to a 80.7%

Training 60

Training FDIC Community Resources 60

American Banker

MAY 27, 2016

The Federal Reserve has been conducting annual stress tests on the biggest banks' liquidity since 2012 — tests the banks largely support. But as the Fed advances new liquidity rules, they're starting to question why more rules are necessary.

FDIC 36

FDIC Regulation 36

Jeff For Banks

MARCH 29, 2014

Since the fourth quarter, 2012, we have expanded to serve the small business community by offering loans guaranteed by the Small Business Administration as well as the U.S. During the one year period from December 31, 2012 to December 31, 2013, the Company’s commercial and industrial loans increased from $771.1 million to $1.28

Strategy 100

Strategy Texas San Antonio Fort Worth 100

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. lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135