Abrigo

MARCH 25, 2020

Regulators also announced other guidance tied to reporting and risk-based capital rules. The distinction is important because labeling modifications as TDRs triggers additional accounting and reporting requirements for most financial institutions. Past-due reporting under deferral programs.

FDIC 150

FDIC Regulation Exercises Community 150

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.

Regulation 78

Regulation FDIC Community Lending 78

PYMNTS

JULY 15, 2019

reports on jobs figures, the data excludes professions in the farming and agriculture industry. Analysts note that today, the percentage of professionals working in the agricultural sector remains so low that including them in national jobs calculations would not have a statistically relevant effect on overall analysis. “As

FDIC 142

FDIC Analysis Lending Data 142

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. Reports said Powell noted that looser community bank regulations may help keep branches open. .

Marketing 108

Marketing Community Community Bank Industry 108

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

Abrigo

APRIL 23, 2015

OCC guidance on Community Bank Supervision states all national banks must receive a full-scope, on-site exam at least annually. Bankers that participate in the survey will receive a comprehensive report detailing advice from their peers this summer. The bill, spearheaded by Senator Joe Donnelly, D-Ind., and Senator Pat Toomey, R-PA.,

Community Bank 150

Community Bank Community Survey FDIC 150

CFPB Monitor

NOVEMBER 29, 2021

These pronouncements come closely on the heels of a Report on Stablecoins issued earlier in November by the Agencies and the U.S. The Joint Statement also notes that the Agencies will evaluate bank capital and liquidity standards for crypto assets for activities involving U.S. Federal banking regulators have been busy in this space.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

PYMNTS

JANUARY 9, 2018

According to FIS’s “Performance Against Customer Expectations (PACE)” report, released last July, SMBs are becoming increasingly unhappy with the options they’re offered at large FIs, and it’s causing them to consider switching providers. But small business lending is only one part of the banking puzzle. percent.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

DECEMBER 14, 2018

Among those agencies, alphabetically speaking: the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the Financial Crimes Enforcement Network (FinCEN) and the National Credit Union Administration.

Compliance 148

Compliance Innovation FDIC Examples 148

Jeff For Banks

AUGUST 2, 2014

Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap"). Although our Tier 1 leverage ratio is greater than 10%, you criticized us for our stress scenarios contained in our capital plan. We get that.

Regulation 93

Regulation DC FDIC Analytics 93

Jeff For Banks

DECEMBER 26, 2012

capital appreciation and dividends. 5 German American Bancorp This year''s list is in the table below: The two report A-listers are BofI Holdings, Inc., This has led to $863 million of covered loans (loss share arrangements with FDIC), and a yield on such loans of 8.69%, according to its latest investor presentation. You decide.

Texas 79

Texas National FDIC Capital 79

Jeff For Banks

MAY 20, 2017

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports. See the chart below from the OCC report for net charge-offs during the Great Recession. Maybe sub out an economist or two.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. The Presidential State of the Union address was supposed to report to Congress the Administration's view of the condition and performance of our country. Because the nation's balance sheet and income statement is not improving. Where are we and where have we been?

Taxes 60

Taxes Regional Industry Trends 60

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says.

Compliance 101

Compliance Regulation Community Bank Community 101

South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

social media 195

social media FDIC Branding Management 195

FICO

DECEMBER 13, 2019

In India, online lending companies raised a record $909 million in venture capital last year (the third-biggest market behind the U.S. Less than a year later the company announced a new deposit product , this time insured by the FDIC. and China). And here’s the crazy part — that’s exactly what happened!

Regulation 52

Regulation Fintech Lending Branding 52

Independent Banker

DECEMBER 13, 2015

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. Community bankers nationwide reported “from tens to hundreds of hours” to complete the tool, says Jeremy Dalpiaz, ICBA’s assistant vice president, cybersecurity and data security policy.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. Community bankers nationwide reported “from tens to hundreds of hours” to complete the tool, says Jeremy Dalpiaz, ICBA’s assistant vice president, cybersecurity and data security policy.

Tools 70

Tools Community Community Bank Security 70

CB Insights

DECEMBER 4, 2019

This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech. And while the company is famously secretive about reporting customer growth and business metrics, it reported that Amazon Pay had 300M customers in 170 countries through Q1’17. adults and 6.4M

Cards 101

Cards Lending Strategy US 101

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

Independent Banker

JUNE 30, 2022

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. By Ed Avis. Methodology. Ag Lender Score. Mason City.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

MARCH 17, 2022

Takeaway 3 Using stress testing scenarios helps banks and credit unions determine whether estimated loss rates will push projected capital levels below regulatory thresholds. Banks and credit unions must be able to adjust when necessary to ensure viability of the institution and the ability to supply capital to their local economy.

Capital 195

Capital Regulation Risk Management Community 195

Independent Banker

JULY 29, 2016

With congressional candidates and incumbents across the nation in full campaign mode this summer, this is an excellent opportunity to share how ICBA is affecting what is already a dramatic election season. 812) and the Community Bank Access to Capital Act (H.R. FDIC Assessment Rules. Call report simplification.

Community Bank 70

Community Bank Community Washington FDIC 70

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Texas Capital Bancshares, Inc. In preparation for meetings, I frequently read 10k''s.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

Fintech Labs Insights

APRIL 17, 2017

Investors receive quarterly distributions along with performance reports. 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. Users invest in mortgage-dependent promissory notes issued by PeerStreet. Realty Mogul ( FS 2014 demo ).

Technology 19

Technology Montana Company Management 19

CFPB Monitor

JUNE 25, 2020

The final CRA rule is an effort by the OCC to provide objective measures to evaluate the CRA performance of national banks and savings associations supervised by the OCC (including federal and state-chartered savings associations and uninsured federal branches of foreign banks). Data Collection and Retention.

Community 97

Community Lending Meeting Retail 97

PYMNTS

MARCH 2, 2018

For those not used to thinking about electricity by the gigawatt, the estimates mean this: Even at the low end, bitcoin mining uses as much power as a nation state. The debate is whether that nation state is small (Lithuania-sized), medium (Morocco-sized) or medium-large (Israel-sized). Use of power is not very evenly distributed.

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104

William Mills

SEPTEMBER 9, 2016

Built the platform for networking, data management and analytics and reporting. With reporting, can get rid of excel. Companies such as Adidas, Carrefour, Cisco Systems, Danone, Fujitsu, Lufthansa Flight Training, Siemens, Société Générale and the United Nations use Liferay. 31 years sent excel was released.

social media 40

social media ATM Mobile Customer Experience 40

CFPB Monitor

DECEMBER 8, 2022

the SEC for registered brokers or dealers) or, if Section 2 does not assign a “primary financial regulatory agency,” the FDIC. The ILCs subject to this FDIC authority would include ILCs approved for deposit insurance on or before September 23, 2021. 5301) (e.g.

FDIC 78

FDIC Company Industry Regulation 78

Jeff For Banks

APRIL 14, 2022

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L.

America 78

America National Denver United States 78

CFPB Monitor

MAY 16, 2019

1606) (TILA) to establish a “national consumer credit usury rate” that would limit the APR “applicable to any extension of credit” to the lesser of “15 percent on unpaid balances, inclusive of all finance charges” or “the maximum rate permitted by the laws of the State in which the consumer resides” (Sanders Bill). First of Omaha Corp.,

Pennsylvania 87

Pennsylvania Lending Omaha National 87

CFPB Monitor

JANUARY 9, 2017

We previously reported that Paul Atkins would be on the landing team for the CFPB as well as the landing teams for the FDIC and OCC. Mr. Jordan is currently President and CEO of a government relations firm that specializes in strategic business development and President of the National Black Republican Leadership Council.

Leadership 60

Leadership FDIC Policies Compliance 60

PYMNTS

OCTOBER 11, 2017

Advance America’s Fulmer also explained that contrary to popular news reporting on the subject, the short-term lending industry is not hostile to regulation or more legislation; in fact, regulation to clarify the segment would be helpful and welcome in a marketplace where rules swing so widely from jurisdiction to jurisdiction.

Lending 109

Lending Regulation Guidelines FDIC 109

FICO

JULY 17, 2017

Adding to these legislative initiatives are such must-do items as flood insurance, appropriations funding, the FAA Authorization Act, the National Defense Authorization Act and, of course, the lifting of the debt ceiling. There are even rumblings of serious work on housing finance reform. And now there is even more on Congress’s plate.

US 40

US Leadership Regulation Policies 40