CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. ” Click here to register.

FDIC 78

FDIC Regulation Community Retail 78

Jeff For Banks

DECEMBER 10, 2023

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.

Fresno 101

Fresno North Carolina Raleigh FDIC 101

PYMNTS

AUGUST 3, 2017

Chase in comparison has 5,567 branches as of July 18, according to FDIC figures. When you couple-in digital services, credit unions offer a financial ecosystem that is convenient, accessible and a positive force in communities.”. The CO-OP Shared Branch network announced Wednesday (Aug.

ATM 103

ATM FDIC Comparison America 103

Jeff For Banks

JUNE 2, 2023

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

DECEMBER 16, 2022

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2021: #1. The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. Silvergate Capital Corporation (NYSE: SI) #2. MetroCity Bankshares, Inc.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Jeff For Banks

AUGUST 1, 2016

The FDIC required the bank to raise $20 million in capital, a tidy sum back in the 1990’s when banks got started with less than half as much. Let’s say an investor group, tired of big banks making decisions about their communities hundreds of miles away, decide to explore starting a bank. In comes the math problem.

FDIC 60

FDIC New Hampshire Regulation Capital 60

Jeff For Banks

DECEMBER 26, 2012

For comparison purposes, here are last year''s top five, as measured during September, 2011: #1 BofI Holdings, Inc. #2 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. and Bank of the Ozarks, Inc.

Texas 78

Texas National FDIC Capital 78