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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

The Office of the Comptroller of the Currency (OCC) has released 16 Community Reinvestment Act (CRA) performance evaluations. Capital One, National Association. Capital One Bank (USA). The First National Bank of Middle Tennessee. Community Development Bank FSB. On-site examinations are done every other year.

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Rebeca Romero Rainey: Community bankers take the high road

Independent Banker

Regulators have issued a proposed rule to reduce capital levels for global systemically important bank holding companies and their federally insured subsidiaries. Meanwhile, some members of Congress are asking the Federal Reserve to eliminate a capital surcharge on the megabanks. Where I’ll be this month.

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SmartFinancial to Buy Tennessee Branch from Atlantic Capital

American Banker

has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta. SmartFinancial in Knoxville, Tenn.,

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North Carolina investment group buying Tennessee bank

American Banker

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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Proposed Tennessee de novo's organizers hit capital-raising goal

American Banker

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010.

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Jack Henry Launches AR Financing For Banks

PYMNTS

“BusinessManager enables financial institutions to purchase small- and medium-sized businesses’ [SMBs’] accounts receivables at a discount, providing immediate access to working capital for the business and creating strong fee income opportunities for the institution.”. First Volunteer Bank has 24 branches through Tennessee and Georgia.

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Proposed Tennessee de novo gets conditional regulatory approval

American Banker

Organizers of Rockpoint Bank still need to raise $30 million before opening.