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E-Signature Approval

Independent Banker

She’s chief operating officer and vice president of the mortgage company, a division of Private Bank of Buckhead, in Atlanta. Webster says FDIC officials had “no issue” with the mortgage company’s use of electronic signatures during a recent exam of PrivatePlus Mortgage. Howard Schneider is a financial writer in California.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Home Bank of California. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

He compared the modern bitcoin boom to the California Gold Rush of yore — but a far less useful version, because bitcoin uses a lot of resources to produce something that’s not really all that useful at the end of the day and has no value at all except for the value an international pool of speculators have assigned to it.

Bitcoin 104
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Pro-Pot SAFE Banking Act Hits Roadblock In US Senate

PYMNTS

That results in cash dominating legal pot transactions, which then increases the chances of theft and tax evasion, at least according to supporters of the SAFE Banking Act (not all of whom are necessarily 100 percent behind the idea of legalized recreational marijuana). Take California as one example. billion by 2020.

Taxes 187
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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230
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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. Cash Dangers.

Oregon 115