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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

This bill of “personal financial data rights” is similar to the California Privacy Protection Act that is already in force for banks doing business in CA. The difference is that 1033 is more product-focused and pertains to just certain types of information, such as transaction and balance data.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Retail Bank, Citibank, New York, NY.

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Banc of California, Dogged by Fraud Allegations, Delays Filing 10-Q

American Banker

Banc of California in Irvine has delayed filing its third-quarter 10-Q as it continues to probe purported improper transactions that may have involved directors and senior executives.

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California Bankers Association Names Board Chair

American Banker

Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year — chair of the California Bankers Association.

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A Lending Boom at Banc of California

American Banker

Banc of California's second-quarter profits soared on stronger lending and credit quality. billion-asset company increased net income 66% from a year earlier to $26.5 million, it said in a news release Thursday.

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Banc of California May Allow Activist to Nominate Directors

American Banker

Banc of California in Irvine and PL Capital have reached an apparent truce, as the bank agreed to consider letting the activist investor group submit two nominees to next year's board election.