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FDIC Chair’s recent interview gives insight into FDIC’s agenda

CFPB Monitor

McWilliams stated that the FDIC’s top priorities included: (1) reducing regulatory burden on community banks; (2) increasing the speed with which the FDIC reviews charter and deposit insurance applications; and (3) assisting banks to introduce new financial products that serve underserved communities.

FDIC 68
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In Banking, The Line Between SMB And Consumer Can Blur

PYMNTS

In Australia, this blurred line between small business and consumer financial services became the focus of a recent SmartCompany report highlighting the challenge that small business owners face when seeking working capital. There is a “blurring in the line between lending to small business and personal credit,” she added.

Lending 122
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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Total return includes two components: capital appreciation and dividends.

Fresno 103
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Wells Fargo Says Lift Asset Cap To Helps SMBs

PYMNTS

But to do that, the bank may have to have its asset cap, placed there by law after a fake accounts scandal in 2018, lifted so it can do more to help, according to the Financial Times. But under the restrictions, the bank will only be doing 3 percent of the total aid for the country’s SMB owners.

DC 132
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U.S. Farming Has A Banking Problem

PYMNTS

percent: the growth rate of FDIC-insured bank loans to farm borrowers as of March 2019. percent, reports said, noting FDIC insured banks account for about half of all farm loans. Between December 2015 and March 2019, banks pulled back their farm lending by $3.9 Capital One Finance Corp. Capital One Finance Corp.

FDIC 142
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New Community Bank Sentiment Index Shows Bankers Largely Positive

Abrigo

Bankers’ attitudes reflect conditions in capital markets and conditions in the economy, primarily the local economy served by each bank,” Dunkelberg and Scott wrote. How do you expect your bank’s capital expenditures on facilities or operations to change over the next 12 months? Asset/Liability. Credit Risk. Learn More. Learn More.

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A digital-first bank for south Florida

Independent Banker

Featured offerings include commercial banking, commercial real estate lending for both owner-occupied and investment, SBA lending, and deposit and business treasury services. from 2016 until its sale in 2018. He began his career in the securities business and specializes in commercial banking, real estate lending and treasury.

Florida 91