CFPB Monitor

AUGUST 20, 2020

FFIEC : On June 5, 2020, the members of the FFIEC (FDIC, OCC, Federal Reserve Board (“FRB”), CFPB, NCUA and the State Liaison Committee) issued an unprecedented statement on the importance of financial inclusion. This blog post contains a summary of those efforts. A link to our prior blog post about these developments is available here.

Regulation 78

Regulation FDIC Community Lending 78

Independent Banker

JULY 31, 2022

Featured offerings include commercial banking, commercial real estate lending for both owner-occupied and investment, SBA lending, and deposit and business treasury services. He began his career in the securities business and specializes in commercial banking, real estate lending and treasury. Filling a need.

Florida 91

Florida Community Bank Community FDIC 91

South State Correspondent

MARCH 13, 2023

On the liability side of SVB’s $173B in deposits at the end of 2022, approximately 97% were uninsured and above the $250k in FDIC protection threshold. The graph below shows loan repricing buckets for three asset-sized groups of banks: under $1B, $1B to $3B, and over $25B in assets.

Risk Management 221

Risk Management Management Community Bank Community 221

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. FDIC), the states and the courts. This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Regulation 349

Regulation National System Industry 349

PYMNTS

NOVEMBER 23, 2017

FDIC), the news report noted the new bank will begin with $100 million in capital. Carpenter currently serves as chairman of Pacific Mercantile Bancorp and as a consultant to the group through his Carpenter & Co. According to a Wednesday (Nov. Citing documents filed with the Federal Deposit Insurance Corp.

New York 100

New York National FDIC Lending 100

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

South State Correspondent

APRIL 30, 2022

While we have covered the impact of the Fed on lending ( HERE ), we want to focus on the liability side of the balance sheet. We examine the roughly four thousand FDIC-insured commercial banks and S&L associations over the last four decades. Historical Cost of Funds Analysis.

Community Bank 195

Community Bank Strategy Community FDIC 195

PYMNTS

OCTOBER 17, 2017

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

Industry 108

Industry Fintech FDIC Community Bank 108

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.”

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017.

Marketing 108

Marketing Community Community Bank Industry 108

Jeff For Banks

APRIL 25, 2015

I don't think de novo banks are key players to business startup capital formation. Sure, if you cite studies that say these banks' loan books are predominantly small, as the FDIC measures them. But that is because de novo's are limited to making a loan to one borrower of 15% of their capital position. How do I know this?

FDIC 60

FDIC Capital Community Bank Lending 60

American Banker

APRIL 16, 2021

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Virginia 39

Virginia FDIC Groups Community Bank 39

Jeff For Banks

DECEMBER 16, 2022

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. SVB Financial Group (Nasdaq: SIVB) Here is this year's list: #1. I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. MetroCity Bankshares, Inc.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

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

Jeff For Banks

OCTOBER 4, 2014

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. But wait, ING Direct grew to $92 billion in assets until ING Group divested it to Capital One. Lending Club funded $5 billion in loans since its founding in 2007. Was Vanguard a disruptor? Was ING Direct a disruptor?

Technology 105

Technology Cyber Security FDIC Strategy 105

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M. The 2017 FDIC National Survey of Unbanked and Underbanked Households shows: Approximately 6.5% Amazon Lending.

Cards 101

Cards Lending Strategy US 101

Banking 2020

MARCH 10, 2015

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1%

Community 40

Community Lending Capital Conference 40

CFPB Monitor

MARCH 26, 2020

The CFPB, OCC, FDIC, Federal Reserve, and NCUA have issued a joint statement “to specifically encourage” banks, savings associations, and credit unions “to offer responsible small-dollar loans to both consumers and small businesses” in response to the COVID-19 outbreak. For example, what rates will the agencies view as “responsible”?

FDIC 78

FDIC Lending National Examples 78

Filene

JULY 18, 2018

It’s one of the reasons multicultural consumer groups have accounted for 61 percent of credit union growth over the past five years. The FDIC says more than 45 percent of Hispanic households were unbanked or underbanked in 2015. This growth is only the tip of the iceberg.

Community 28

Community Study Resources Lending 28

MyBankTracker

MAY 20, 2020

Of dividend-paying stocks, a group of companies may try to provide reliable dividends year after year. Essentially, interest is a payment for lending your money to someone else. Since savings accounts are FDIC-insured , their interest rates are usually low. The other tax is called the capital gains tax. Interest income.

How To 52

How To Taxes Company FDIC 52

Ublocal

OCTOBER 2, 2023

Bond A bond is like lending money to a friend, but in this case, it’s to a company or government. Index Fund An index fund is like an ETF, but it tries to match a specific group of stocks or bonds, like the top 500 companies. If you buy a bike for $100 and sell it for $150, your capital gain is $50.

Taxes 98

Taxes Capital New Hampshire Marketing 98

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. Ag lending in the South: Relationships matter. It also indirectly benefits our lending business.

Community Bank 172

Community Bank Community National Philadelphia 172

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. Texas Capital Bancshares, Inc.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

CFPB Monitor

JUNE 17, 2019

The Fed, together with the OCC and FDIC, are the primary CRA regulators, and each agency has adopted regulations to implement the CRA. As a second channel, the Fed hosted 29 roundtables around the country that were attended by over 400 bankers and community group members. banking industry since the CRA’s enactment.

Report 60

Report Community Regulation Groups 60

CFPB Monitor

JUNE 25, 2020

Until the FDIC and Board of Governors of the Federal Reserve System take action, state nonmember banks and state member banks will continue to comply with the current rule, as codified in 12 CFR Part 228 and Part 345. Small and intermediate banks must comply with the rule by January 1, 2024. Qualifying Activities.

Community 97

Community Lending Meeting Retail 97

CB Insights

APRIL 4, 2019

valuation) CEO & Founder – Looking forward to hearing about Affirm’s tactics for finding growth, its rebranding & expansion into travel, and the challenges and opportunities in lending. Former FDIC Chair – Because who better to share insights on the US fiscal policy and the state of the economy than the former FDIC Chair?

Fintech 30

Fintech FDIC Trends Capital 30

Fintech Labs Insights

APRIL 17, 2017

Lending Home is open to accredited investors looking to fund real estate investment projects for a term of 12 months or less. Investor funds are held in an Investors Trust Account with City National Bank and in the event of default, the funds are FDIC insured up to $250,000. LendingHome. The minimum investment is $1,000.

Technology 19

Technology Montana Company Management 19

William Mills

SEPTEMBER 9, 2016

From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

Jeff For Banks

APRIL 14, 2022

Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L. Giannini: Banker of America 1994 Richard X. Bove Bove, Richard X. Guardians of Prosperity: Why America Needs Big Banks 2013 John F.

America 78

America National Denver United States 78