Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard.

Policies 186

Policies Capital Report FDIC 186

CFPB Monitor

OCTOBER 6, 2022

In March 2022, OppFi filed a complaint seeking to block the DFPI’s attempt to apply the CFL rate cap to loans made through its partnership with the Bank. Thus, there was no doubt in Jones that [a national bank] was the actual lender and that [the national bank] qualified for an exemption from the usury restrictions.

California 78

California FDIC Analysis Utah 78

CFPB Monitor

JULY 14, 2022

In March 2022, OppFi filed a complaint in a California state court seeking to block the DFPI’s attempt to apply the CFL rate cap to loans made through its partnership with the Bank.

California 78

California Innovation Utah Texas 78

CFPB Monitor

MARCH 15, 2022

A California federal district court judge recently rejected the California AG’s challenge (in which other states joined) to the FDIC’s rule and, in a separate lawsuit, also rejected a challenge by the California AG and other state AGs to the OCC’s Madden -fix rule codified at 12 C.F.R. Section 7.4001(e).

California 78

California Innovation Utah West Virginia 78

Abrigo

MAY 5, 2022

Ahead of the Curve: A Banker’s Podcast Bonus Episode – ThinkBIG 2022. Topics range from here-and-now issues, such as the latest mergers and acquisitions environment or competitive pressure from the Buy Now Pay Later industry to strategic topics related to handling member or customer data, recruiting, and banking cannabis.

Community 195

Community Lending Maine Resources 195

CFPB Monitor

NOVEMBER 8, 2022

On October 21, 2022, the Fifth Circuit denied en banc rehearing in Jarkesy v. On October 19, 2022, the Fifth Circuit held in Community Financial Services Association of America v. SEC , which (like Cochran ) challenged the use of the SEC’s ALJs, finding it unconstitutional.

Arizona 78

Arizona FDIC Community Texas 78

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests.

Capital 195

Capital Regulation Risk Management Community 195

Independent Banker

JUNE 30, 2022

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

NOVEMBER 29, 2021

You might also like this webinar: "Is inflation the big gift to your 2022 earnings?". To remain competitive, some of the nations’ largest banks have introduced new products. Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study.

Community Bank 195

Community Bank Community FDIC Trends 195

CFPB Monitor

DECEMBER 7, 2022

Lisa Rice, President and CEO, National Fair Housing Alliance; Mr. Marc H. Morial, President and CEO, National Urban League; The Honorable Byron Donalds (R-FL), United States House of Representatives; Mr. Devon Westhill, President and General Counsel, Center for Equal Opportunity; and Ms. The witnesses included: Ms.

Community 78

Community Compliance Industry National 78

CFPB Monitor

JUNE 15, 2021

The CFPB’s proposal would extend the effective date to January 29, 2022. In the agenda, the Bureau indicates that it expects to issue a final rule in January 2022. In April 2021, the Bureau issued an NRPM to amend Regulation X in various ways to address the COVID-19 national emergency. The comment period closed on May 19, 2021.

Regulation 78

Regulation FDIC Lending Data 78

CFPB Monitor

JUNE 20, 2022

Delivering the keynote address last week at the Consumer Federation of America’s 2022 Consumer Assembly, CFPB Deputy Director Zixta Martinez indicated that the CFPB “is taking a close look” at “’rent-a-bank’ schemes.”. Nonbank/bank partnerships are currently under siege from several directions.

FDIC 78

FDIC California Texas Fintech 78

Jeff For Banks

APRIL 14, 2022

21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 2022 Ben S. A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Bernanke Bernanke, Ben S. Essays on the Great Depression 2004 Ben S.

America 78

America National Denver United States 78