CFPB Monitor

OCTOBER 18, 2018

On October 17, the Bureau released its Fall 2018 Rulemaking Agenda , but it included a surprise for those interested in fair lending. prevent the Bureau from applying any different standard for disparate impact retroactively upon a change in leadership at the agency. We blogged about the HUD rulemaking most recently here.

Leadership 74

Leadership Lending Regulation Community 74

Abrigo

OCTOBER 4, 2016

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution. For banks and credit unions that have a community focus, this is an effective way to get the word out about your offerings.

Resources 236

Resources Marketing Strategies Strategy Community 236

PYMNTS

MAY 12, 2016

Payday loans and the advertising of some lending products just got a lot less Google-friendly. Google announced that it has updated its AdWords policy to effectively ban advertisers from marketing a number of lending products starting July 13. credit cards).”

Google 100

Google Policies Lending Leadership 100

PopularBank

SEPTEMBER 23, 2020

Joseph Culotta Brings More Than 18 Years of Leadership and Wealth Management Expertise to Popular Bank. We are thrilled to welcome Joe to our Wealth Management leadership team to head our Popular Investments business,” said Ford. Find out more about Popular Bank’s commitment to community service at PopularBank.com/About-us/.

Management 52

Management Leadership New York New Jersey 52

FICO

APRIL 3, 2020

When it comes to the financial fallout, small businesses, including smaller community banks, will take the biggest hit. They’re scrambling to stay afloat – but with no end in sight, what will this mean for the economy and the credit and lending industry? Be Creative, Engaged Community Leaders. Encourage community networking.

Community Bank 52

Community Bank Community Lending social media 52

Ublocal

DECEMBER 22, 2021

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. My wife also works in Shelburne, managing The Terraces, a retirement community. Shelburne is a unique community.

Vermont 52

Vermont Community Charlotte Leadership 52

CFPB Monitor

OCTOBER 26, 2018

This treatment of card payments can only be ascribed to the hostility to high-rate lending characteristic of the former leadership of the Bureau. Earlier today, the Bureau of Consumer Financial Protection released a Public Statement Regarding Payday Rule Reconsideration and Delay of Compliance Date.

Texas 60

Texas Compliance Leadership Industry 60

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 181

Idaho Community Industry Strategy 181

PopularBank

MAY 27, 2020

Our communities and small businesses are facing an unprecedented time. Other resources available to small businesses include the SBA’s Economic Injury Disaster Loans and the Main Street Lending Program. The post Popular Bank’s COO Manuel Chinea Talks Small Business with Amigos de Univision appeared first on Blog Popular Bank.

Puerto Rico 52

Puerto Rico New Jersey Resources Maine 52

Jeff For Banks

JULY 28, 2012

I frequently hear lamentations about the gap between the performance expectations of community financial institution (FI) personnel and performance results. Community relations. Volunteer for a leadership position in at least one. business banker business lending Commercial Lender Jeff Marsico job description Kafafian'

Community 66

Community social media Strategy Lending 66

CFPB Monitor

MARCH 30, 2015

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. Zixta Martinez, Assistant Director of Community Affairs, CFPB. Michael Calhoun, President, Center for Responsible Lending. Steven Antonakes, Deputy Director, CFPB.

Virginia 60

Virginia Lending Regulation America 60

Social Assurance

MARCH 26, 2020

Even the way we communicate with customers and coworkers has had to change. But what we’ve learned the last couple of weeks is that our communities need us now more than ever. How can we find the right words to communicate our services while still being compassionate with others? Check Out Our Resources.

Marketing 15

Marketing Community Leadership social media 15

Jeff For Banks

APRIL 21, 2012

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted so far this year. JeffMarsico Credit Union CEO: "The differences between CUs & community banks are inflated by trade groups. Great asset qual, 2.

Community Bank 71

Community Bank Community Groups Lending 71

Jeff For Banks

MARCH 6, 2011

"He''s not ready" is the response I often hear when I ask why a sharp banker is not part of the FIs senior leadership team. For community FIs to remain relevant to customers and prospective customers, we must choose a strategy that delivers either a competitive advantage through differentiation or cost leadership.

Strategy 71

Strategy Leadership Training Industry 71

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. The proposed rule , unveiled Sept. They just weren’t coming very soon.

Lending 195

Lending Data Regulation Community 195

PopularBank

DECEMBER 11, 2023

Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 PAB has provided banking and lending services to community associations since 1994. PAB has an active lending platform in over 30 states. Billion in deposits.

Management 52

Management Florida Community Leadership 52

CFPB Monitor

FEBRUARY 1, 2021

Mr. Oejio shared his statement in a blog post published last week. Under the leadership of former Acting Director Mulvaney, the CFPB ended routine examinations for MLA compliance. Under former Director Kraninger’s leadership, the CFPB sent a proposal to Congress that would give it clear authority to conduct such examinations.

Policies 78

Policies Leadership Lending Compliance 78

Abrigo

OCTOBER 20, 2016

At the same time, early adopters of new technologies, like mega banks, are edging out community banks and credit unions in the fight for customers and creating a rapidly consolidating industry. For community banks and credit unions that want to continue to thrive, the way forward is growth.

Software 150

Software Lending Community Bank Taxes 150

PopularBank

SEPTEMBER 25, 2020

Invest: Insights is a virtual thought leadership series, featuring engaging one-on-one conversations with top-level level executives and industry leaders. We mobilized these actions within days of the health crisis’ initial impact to our communities. The post Key Insights Amid COVID-19 appeared first on Blog Popular Bank.

Florida 40

Florida Meeting Leadership Community 40

PopularBank

JUNE 17, 2020

The impact of COVID-19 has dramatically affected our small business community. Just a few short months of disruption have altered our area’s growth trajectory and economic outlook, causing concern among our residents and business and community leaders. Diverse Small Business Lending Activity Will Remain Robust for the Rest of 2020.

Florida 52

Florida Community Miami Lending 52

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association). credit cards).”.

Google 101

Google Data Policies Lending 101

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions.

Capital 78

Capital Texas Metro North Carolina 78

CFPB Monitor

NOVEMBER 22, 2021

At an industry fair lending conference last week, officials from the U.S. Department of Housing and Urban Development (“HUD”) outlined fair lending priorities for their agencies. She also noted that redlining settlements can ultimately benefit the health of institutions and their surrounding communities.

Conference 78

Conference Lending Industry Regulation 78

FICO

JANUARY 5, 2023

I suspect Yogi would be disappointed to know that after many years of writing a year-end public policy predictions blog post, I am no longer aware of my batting average. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. chevron_left Blog Home. Four 2023 U.S. FICO Admin. by Daniel Nestel.

Policies 52

Policies Company Regulation Risk Management 52

CFPB Monitor

MARCH 7, 2019

Mulvaney’s tenure, including the actions identified by this legislation to ensure that the agency is fully complying with its statutory purpose, objectives, and functions to protect all consumers, including communities of color and vulnerable populations.”. Place limitations on political appointees who serve as CFPB employees.

Leadership 101

Leadership Washington Policies Lending 101