PYMNTS

AUGUST 26, 2016

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. The bank has $18 billion in assets, is based in Omaha, NE, and is a unit of First National of Nebraska Inc. The CFPB has ordered the bank to pay out $27.75

Omaha 100

Omaha Cards Nebraska National 100

PYMNTS

JUNE 21, 2019

Seventy-one percent of respondents said credit cards were imperative when deciding the FIs with which they want to do business, for example. percent of all CU members — currently offer some sort of credit card. billion in credit card debt as of March 2019, according to the U.S. percent of credit card debt held by banks.

Cards 102

Cards Omaha Minneapolis National 102

American Banker

AUGUST 25, 2016

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received.

Omaha 28

Omaha National Regulation Cards 28

CFPB Monitor

AUGUST 29, 2016

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84

Cards Omaha Policies Compliance 84

PYMNTS

MARCH 5, 2018

This week saw three very big names in retail and payments weigh in on the debate over gun control in an attempt to push the market toward regulating itself with or without government intervention. Additionally, the First National Bank of Omaha announced it will stop issuing an NRA-branded Visa card.

Regulation 108

Regulation Data Regional America 108

PYMNTS

OCTOBER 8, 2018

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s

Payments 192

Payments Innovation Regulation San Francisco 192

CFPB Monitor

SEPTEMBER 9, 2020

93a, the OCC is generally “authorized to prescribe rules and regulations to carry out the responsibilities of the office.” First of Omaha Service Corp., The OCC clearly has the authority to adopt the Proposed Rule. Under 12 U.S.C. § 12 U.S.C. § 1 (emphasis added). 251, 256-257 (1995) (citations and internal quotation marks omitted).

FDIC 78

FDIC National South Dakota Lending 78