2024 FDIC Lending National 
South State Correspondent
APRIL 30, 2024
Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Banks are in the business of keeping loans, not making loans.
South State Correspondent
APRIL 30, 2024
Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Banks are in the business of keeping loans, not making loans.
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CFPB Monitor
MAY 22, 2020
The final rule applies to national banks and federal savings associations. Although the OCC’s proposed revisions were issued jointly with the FDIC, the FDIC did not join in the final rule. Banks subject to the small and intermediate bank performance standards must comply with the new CRA framework by January 1, 2024.
CFPB Monitor
JUNE 15, 2020
According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services.
PopularBank
DECEMBER 11, 2023
Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Effective January 1, 2024, Carlos Hernandez will be Division Manager for PAB. PAB has provided banking and lending services to community associations since 1994.
CFPB Monitor
JUNE 25, 2020
The final CRA rule is an effort by the OCC to provide objective measures to evaluate the CRA performance of national banks and savings associations supervised by the OCC (including federal and state-chartered savings associations and uninsured federal branches of foreign banks). Qualifying Activities.
CFPB Monitor
JANUARY 28, 2021
Specifically, large banks and wholesale and limited purpose banks must comply by January 1, 2023, and small and intermediate banks that choose to opt-in to the performance standards contained in the OCC’s final rule have until January 1, 2024 to comply.
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