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Another Maryland threat to bank partner model lending

CFPB Monitor

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. In addition, legal challenges to the OCC and FDIC “ Madden -fix” rules and the OCC’s “true lender” rule continue to create uncertainty for participants.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. 9) Brand Matters: SVB had one of the best brands in banking. Higher cash holdings will now be a demarcation of credit quality.

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Stupid Bank Names

Jeff For Banks

Are you going through a similar exercise? If your brand strives for assimilation, then go with it. Innovative Bank - Through the worst banking crisis since the Great Depression, only about 5% of FDIC-insured financial institutions failed. Ask somebody outside of the re-branding process.