article thumbnail

At home with HOA banking

Independent Banker

is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. We were looking at ways to increase our deposit base and impact the communities we serve,” says Tom Kientz, chief operating officer. Two bank charters (which doubles FDIC coverage). Name: Academy Bank. Assets: $2.3

article thumbnail

California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

CFPB Monitor

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The FDIC has not yet proposed a similar rule. If adopted, this rule also will almost certainly be challenged.

Utah 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Top Banking Podcasts You Should be Listening to

Abrigo

It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. It is a living-room-chat style podcast with other credit union executives, consultants, and business owners from Colorado and elsewhere around the world.

Community 195
article thumbnail

Republican lawmakers urge OCC to address Madden through rulemaking

CFPB Monitor

In their letter, the lawmakers indicate that they “appreciate the OCC’s and the FDIC’s expression of support for the ‘valid when made’ doctrine in the agencies’ recent amicus brief filed to the U.S. District Court of Colorado in Rent-Rite Super Kegs, Ltd. World Business Lenders, LLC.”

article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. Department of Agriculture. We are able to utilize relatively low cost deposits provided by our trust activities to fund additional loan growth.

Strategy 102
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Rowland with Greg Bynum, president and chief operating officer. Wrentham Co-operative Bank.

article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230