CFPB Monitor

DECEMBER 28, 2020

The FDIC has issued a final rule setting forth the conditions it will impose and the commitments it will require to approve a deposit insurance application from an industrial bank or industrial loan company (collectively, ILC) whose parent company is not subject to consolidated supervision by the Federal Reserve Board (FRB).

FDIC 78

FDIC Industry Policies Company 78

PYMNTS

MARCH 6, 2019

“Time and time again we hear from small businesses that access to capital is the biggest obstacle to growth,” Company.com Chief Operating Officer David Kramer said in the announcement. Yet the FDIC said in previous analysis that the actual volume of traditional bank loans to small businesses in the U.S.

FDIC 116

FDIC Lending Capital Analysis 116

PYMNTS

AUGUST 14, 2019

In Australia, this blurred line between small business and consumer financial services became the focus of a recent SmartCompany report highlighting the challenge that small business owners face when seeking working capital. There is a “blurring in the line between lending to small business and personal credit,” she added.

Lending 122

Lending Cards FDIC Capital 122

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. These caps were 100% of capital for construction loans, and 300% for all investor CRE. That 13% represented 80% of the losses to the FDIC insurance fund.

Risk Management 150

Risk Management Management Capital Lending 150

Jeff For Banks

AUGUST 2, 2014

Although our Tier 1 leverage ratio is greater than 10%, you criticized us for our stress scenarios contained in our capital plan. Aside from the clear lack of analytic rigor you exercised to come to this conclusion, it is important to remind you that estimating future negative events that impact our capital is guesswork. We get that.

Regulation 93

Regulation DC FDIC Analytics 93

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard.

Policies 186

Policies Capital Report FDIC 186

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. Our focus has always been on user experience and for them to get capital in less than ten minutes. The goal of all that money is, of course, to lend to small business owners. To date, the business has provided over $2.5

Regulation 100

Regulation Lending US FDIC 100