Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. Transactions not covered by Regulation Z are excluded from coverage under the rule. 3, 2016, compliance date.

Lending 70

Lending Compliance Regulation Virginia 70

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4011 – Temporary Lending Limit Waiver.

Regulation 122

Regulation United States Community Bank National 122

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. That love of community has defined his career.

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations. Banking, Eyed by the Fed.

United States 174

United States Regulation cryptocurrency Cleveland 174

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. February 2016.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

MAY 30, 2018

Financing of all sorts was on the downswing, and SMB owners began dipping into their own piggy banks before seeking a lending agreement. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

Lending 115

Lending Community Bank Survey Community 115

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Just about every community bank makes commercial real estate loans. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Responsible lending.

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

JANUARY 28, 2016

Anticipating safety and soundness exam issues in 2016. As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here?

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Several trends have arisen that are likely to continue shaping the commercial lending market. Here are five commercial lending trends from some of the industry’s top commercial lenders.

Trends 79

Trends Community Bank Lending Community 79

PYMNTS

FEBRUARY 19, 2019

Earlier this month, the Federal Reserve released new data that found the average merger review time for deals in the banking sector declined to 3.8 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said.

Marketing 108

Marketing Community Community Bank Industry 108

Independent Banker

DECEMBER 28, 2015

Happy New Year, fellow community bankers! I hope you enjoyed the holidays and are looking forward to a prosperous 2016. This upcoming year has a lot of good in store for our industry, because ICBA continues to pursue even more successes for community banks nationwide. For more, read this month’s Washington Watch column).

Community Bank 70

Community Bank Washington Community Ohio 70

Jeff For Banks

DECEMBER 16, 2022

In 2021, the bank expensed over $530 thousand to the ESOP to benefit employees. Twenty-six percent of the bank is owned by the Board, Executive Management, and the ESOP. Since 2016, over 50% of total deposits are non-interest bearing, driving superior cost of funds and net interest margin. billion of total assets, $36.7

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

JULY 29, 2016

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. Each certification course is designed to prepare bank professionals to handle essential tasks and responsibilities.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Independent Banker

DECEMBER 28, 2015

Outsized regulation shapes the business climate and decisions. Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. By Denise Logeland. And Center, N.D.,

North Dakota 70

North Dakota Community Bank Community Compliance 70

Independent Banker

DECEMBER 28, 2015

The Office of the Comptroller of the Currency published its supervisory priority objectives for midsize and community banks for 2016. But the potential risks and repercussions of banks’ introduction of new products and services are recurring chords throughout. By Tim Cook. Governance and oversight. Cyberthreats.

Community Bank 70

Community Bank Compliance Community Lending 70

Jeff For Banks

NOVEMBER 9, 2018

According to an appropriately snarky Gonzo Banker post by Scott Hodgins, Wells' blunders are epic: September 2016 - Disclosed that they created two million bogus accounts without customer consent to hit the bank's "eight is great" cross-sell targets. September 2016 - Wrongfully repossessed service members' cars. The stagecoach?

New Jersey 60

New Jersey Compliance Community Meeting 60

American Banker

DECEMBER 23, 2016

The similarities between the mortgage crisis and subprime auto lending in 2016 are all too obvious, with constrained cash flows, defaults and investor losses all likely.

Lending 28

Lending Community Bank Community Strategy 28

PYMNTS

APRIL 30, 2018

The FI said this statistic is two percentage points higher than last year’s report, and a whopping 25 percentage points up from 2016 levels. More than half of small firms also say their local economies are going to improve this year (56 percent), up from 50 percent in the spring of last year, and just 38 percent in 2016.

Taxes 144

Taxes America National Community 144

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Just how can your community bank do all of those things? What agency is our prudential federal regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

Independent Banker

SEPTEMBER 22, 2015

Avoiding potential lending hazards from regulatory flood-insurance requirements. Both of these laws pointedly changed the National Flood Insurance Program requirements over which of the banking agencies have jurisdiction. At first blush, this new general rule might provide for considerable fear among compliance and lending personnel.

Regulation 70

Regulation Policies Community Bank Taxes 70

Jeff For Banks

FEBRUARY 3, 2017

Third, the explosion in regulations over the past eight years has served to hinder businesses, especially new small business formation, and has drained valuable resources as compliance costs soared. He has promised the elimination of many regulations that are strangling businesses. and 2018 at 1.8% That is no better than the 2.3%

Marketing 60

Marketing Taxes Regulation US 60

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. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

American Banker

JUNE 27, 2016

Perhaps you read on vacation to escape the financial services grind, or perhaps you read to hone your business craft. Numerous titles on this year's list — recommended by American Banker readers, BankThink contributors, our staff and others — fall somewhere in between. Read about the lives of figures like Elon Musk or Barney Frank.

How To 44

How To Management Community Bank Regional 44

Gonzobanker

MAY 21, 2019

The framework to assess the acquired bank is based upon Bezos’ famous 2016 shareholder letter that outlines Amazon’s core business philosophy. The following memo outlines my assessment and recommendations concerning our purchase of Acme Bank, a $5 billion institution located in Metropolis, USA. To: Jeff Bezos – CEO.

Customer Experience 112

Customer Experience Analytics Management Operations 112

American Banker

DECEMBER 30, 2016

From Dimon's campaign against earnings guidance to the bottom-line implications of rising rates, here are more of our favorite stories of the year. See part I here.).

Community Bank 39

Community Bank Regional National Community 39

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . THE BANKING AWARDS. The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” GonzoBanker of the Year – Larry Richman, CEO of the PrivateBancorp Bank.

Utah 60

Utah System Community Marketing 60

American Banker

DECEMBER 23, 2016

From the election's policy implications for banking to deep analysis of the Wells Fargo scandal, here are some of our favorite stories of the year. Stay tuned for Part II.

Analysis 28

Analysis Policies Community Bank Regional 28

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . THE BANKING AWARDS. The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” GonzoBanker of the Year – Larry Richman, CEO of the PrivateBancorp Bank.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. Heavy-handed regulators. THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. FinTech threats and distractions.

Conference 101

Conference Industry Community Bank Community 101

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. Easy as a golf swing. Pedal to the Metal Award. is A’ight Award.

Fintech 105

Fintech Conference Innovation Community 105

Gonzobanker

DECEMBER 22, 2015

It’s been almost 20 years since the IPO but this team keeps delivering growth and outstanding financial performance while keeping the values of the hometown bank that started it all. Community bank marketing resources. New Bank Positions That Will Be Busy in 2016. Regulator Award. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

SEPTEMBER 14, 2016

We consult to the mid-size and community banking space. Like you, we make our livelihood from this industry and have deep respect for the banking business and the people in it. A literal blip in 2016 earnings, and arguably too little based on the extent of this behavior. We are writing to you with them in mind.

Management 60

Management Community Bank Community US 60

PYMNTS

JANUARY 20, 2020

Community banks are often the familiar faces of the financial services world, and when small businesses seek capital, their neighborhood financial institution can be a promising place to start. While they continue to play an important role in small business financing, the community banking market is drastically shrinking in the U.S.

Community Bank 111

Community Bank Community Lending Capital 111

Abrigo

AUGUST 30, 2016

According to Sageworks’ Bank Information resource there are nearly 12,000 community banks and credit unions across the United States. Last week Hillary Clinton released her plan to support community banks and credit unions.

Community Bank 150

Community Bank Community United States Policies 150

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. LendingFront’s lending platform leverages a cloud-based system that furnishes small businesses with capital using their cashflow data.

How To 12

How To Analytics Millennials Data 12

PYMNTS

MARCH 12, 2018

Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers. According to reports, the Senate is expected to pass the legislation this week.

Community Bank 110

Community Bank Community Regional Regulation 110

PYMNTS

APRIL 11, 2019

The Trump administration has promised — and, in some cases, has been executing on promises — to roll back at least some of the regulations contained in the Dodd-Frank tenets that took shape a decade ago. Others mentioned shadow banks, which are non-bank lenders. The CEO names are well-known. On Guns And Cryptos.

Lending 158

Lending America cryptocurrency System 158