Jeff For Banks

JANUARY 12, 2019

I will say there seems to be more PE, Investment Banker, Investment Management types on the Bottom 5 boards than on the Top 5. So, as was my take from September 2016, there is no discernable difference between number of board members, age, professions of board members in top performing financial institutions and bottom dwellers.

Community Bank 60

Community Bank Community FDIC Dallas 60

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. We get a lot of attention” from regulators, he says.

Community Bank 70

Community Bank Lending Community Regulation 70

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters.

social media 40

social media ATM Mobile Customer Experience 40

CFPB Monitor

MAY 19, 2016

” The other agencies are the OCC, Fed, FDIC, and NCUA. ” They further state that financial institutions are expected to “effectively manage their deposit reconciliation practices to comply with Regulation CC and other applicable laws or regulations and to prevent potential harm to their customers.”

Policies 60

Policies Regulation FDIC Compliance 60

Jeff For Banks

OCTOBER 29, 2016

I recently spoke at a Financial Managers' Society (FMS) breakfast meeting on this subject and thought I would share my comments with you. In 2016, the median sized financial institution is $1.1 billion, and the operating cost per business checking account is $710. We over-invest in under-performing branches.

Training 60

Training FDIC Community Resources 60

Jeff For Banks

DECEMBER 16, 2022

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. and Puerto Rico banking laws and regulations. I would call that stakeholder alignment. Well done! #3 Virgin Islands.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

SEPTEMBER 22, 2015

In June, five federal agencies (including FDIC, Office of the Comptroller of the Currency and the Federal Reserve) announced approval of a final rule that modifies regulations applying to loans secured by properties located in special flood hazard areas. Administration and management. Escrow obligations. Small-lender exception.

Regulation 70

Regulation Policies Community Bank Taxes 70

CFPB Monitor

APRIL 15, 2019

A memorandum issued by the Office of Management and Budget entitled “Guidance on Compliance with the Congressional Review Act” creates a new “speed bump” for final rules issued by the CFPB as well as other independent regulatory agencies such as the Federal Reserve, the FCC, the FDIC, the FTC, and the OCC.

Compliance 68

Compliance Analysis FDIC Report 68

PYMNTS

JULY 15, 2016

That best day – Prime Day 2016 and you all know the stats. But when it comes to a tactic that plays rope-a-dope with the facts about something, say as serious as whether or not China hacked into the FDIC, then it is not at all cool. Top as in the very top: the FDIC chairman, his chief of staff, and the General Counsel.

Retail 100

Retail FDIC Bitcoin Lending 100

CFPB Monitor

APRIL 15, 2019

A memorandum issued by the Office of Management and Budget entitled “Guidance on Compliance with the Congressional Review Act” imposes a new review process on final rules issued by the CFPB and other independent regulatory agencies such as the Federal Reserve, the FCC, the FDIC, the FTC, and the OCC.

Compliance 60

Compliance Analysis FDIC Report 60

Independent Banker

FEBRUARY 24, 2016

It’s Community Banking LIVE 2016 in New Orleans. Former Major League Baseball player and manager, chief baseball officer for the Arizona Diamondbacks. Regulators Luncheon*. For the most current information about Community Banking LIVE 2016. So we want our checking accounts to be FDIC insured. JohnStossel.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

PYMNTS

OCTOBER 29, 2018

I’ve often written about this topic over the last several years, well before the 2016 election dominated the headlines about Facebook’s future as a content platform. And that is a bank – one with FDIC insurance and safeguards that keep their money safe. Amazon isn’t the only big tech company that should find regulators terrifying.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

SEPTEMBER 21, 2020

The reality of the global financial system is that there will always be attempts to launder money and evade sanctions; the responsibility of banks is to build effective screening and monitoring systems, and we work closely with regulators and law enforcement to bring perpetrators to justice.”. In one example, reported on Monday (Sept.

Fraud 347

Fraud Report System FDIC 347

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. MOXY Bank, for example, aims to introduce corporate treasury management services, as well as offerings for small business (SMB) owners. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

CB Insights

DECEMBER 4, 2019

To compete, Amazon is investing in product including hiring product managers for devices solutions, which could see Alexa move from the home and office, and into brick-and-mortar or point-of-sale POS. With the card, parents can manage spending limits and allocate funds for their children through a mobile app. adults and 6.4M

Cards 101

Cards Lending Strategy US 101

PYMNTS

MAY 2, 2016

Venmo may have managed to get itself into some trouble with the FTC – though how much, what for exactly and how worried parent company PayPal should be worried are a bit up in the air. Venmo also finds itself in the company of digital and mobile-based financial services firms that caught the officially eye of regulators last week.

Software 100

Software Mobile Regulation FDIC 100