Abrigo
SEPTEMBER 16, 2019
Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. The survey for the inaugural index included 512 FDIC banks responding from early in the second quarter through July 5.
CFPB Monitor
OCTOBER 9, 2018
The FDIC has issued a request for information that seeks comment on how the FDIC can make its communications with insured depository institutions (IDIs) “more effective, streamlined, and clear.” The RFI contains specific questions on which the FDIC seeks input that address three topics: efficiency, ease of access, and content.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CFPB Monitor
AUGUST 13, 2018
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.
Independent Banker
JULY 31, 2022
Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. Name: Locality Bank. Keith Costello, Locality Bank. “We
American Banker
MARCH 2, 2020
From 2010 to 2018 the South Carolina bank was on the FDIC's problem bank list, but in the last two years it has been profitable. Dominik Mjartan, the bank's president and CEO, explains how technology upgrades and relationship building helped it get back on track.
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 months in the first half of 2018, from 5.6 He pointed to the Community Reinvestment Act, which encourages banks to loan to small businesses. months in the first half of 2017.
Gonzobanker
MAY 4, 2020
Here are a few of the recent deals (in no order) that caught my attention: MVB Financial/Paladin: MVB, a mid-size bank with a stated focus on serving fintechs, acquired Paladin, a specialty fraud prevention company with a suite for merchants, credit agencies, fintechs and vendors. SoFi/Galileo: This $1.2 The transaction has not yet closed.
Expert insights. Personalized for you.
150 
Let's personalize your content