Perficient

JULY 7, 2021

The Office of the Comptroller of the Currency (OCC) has released 16 Community Reinvestment Act (CRA) performance evaluations. A compliance rating of either “Outstanding,” “Satisfactory,” “Needs to Improve,” and “Substantial Noncompliance” is awarded at the end of the on-site review.

National 309

National Texas Tennessee CA 309

CFPB Monitor

FEBRUARY 23, 2021

The New York Department of Financial Services (DFS) recently announced that it has entered into an agreement with Hunt Mortgage , a licensed mortgage banker, to address the DFS’s findings that there was a “demonstrable lack of lending to minorities and in majority-minority neighborhoods in Western and Central New York by Hunt Mortgage.”

New York 78

New York Lending Report Policies 78

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

FEBRUARY 1, 2021

Manhasset, New York-headquartered Apple Bank For Savings will have to pay a $12.5 The bank was recently fined in a separate charge that it failed to comply with a 2015 request by the FDIC to improve its AML compliance. Apple Bank is chartered in New York and has locations across the state.

Apple 150

Apple FDIC New York Compliance 150

PYMNTS

JUNE 4, 2019

“We are really good at regulatory compliance,” Lyric Co-Founder and Chief Executive Officer Andrew Kitchell said in an interview with Bloomberg. It is also on the verge of opening its first location in America’s biggest city, New York. The startup is fully compliant in all 13 cities it operates in, he said. “We

Compliance 109

Compliance Innovation New York San Francisco 109

ABA Community Banking

FEBRUARY 12, 2020

billion in assets, HAB Bank isn't big -- but it's a community bank with global reach. The New York-based institution provides correspondent banking services for 140 banks in 20 countries, primarily in South Asia and East Asia. Community Bank appeared first on ABA Banking Journal.

Community Bank 76

Community Bank Community New York Risk Management 76

American Banker

APRIL 17, 2024

The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.

Compliance 36

Compliance New York Community Bank Community 36

American Banker

MAY 24, 2024

There were significant red flags that regulators overlooked when allowing New York Community Bank to acquire Signature Bank. Those include the fact that the company was still integrating the Flagstar Bank transaction.

New York 53

New York Community Bank Community Regulation 53

American Banker

APRIL 11, 2024

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

New York 74

New York Regional Community Meeting 74

CFPB Monitor

APRIL 15, 2022

Three credit unions have filed a federal class action lawsuit in the Southern District of New York seeking to halt the enforcement or implementation of New York’s recently passed S.B. The class the credit unions seek to represent consists of similarly situated New York holders of unsatisfied consumer debt judgments.

New York 147

New York United States Policies Compliance 147

American Banker

MARCH 19, 2023

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New York 64

New York Community cryptocurrency Compliance 64

American Banker

MAY 24, 2024

New York Community Bank's acquisition of the failed Signature Bank helped with its liquidity. But there were other considerations that decisionmakers overlooked in allowing the transaction to take place.

Regulation 36

Regulation New York Community Bank Community 36

American Banker

JANUARY 24, 2022

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New York 73

New York Community Compliance Regulation 73

American Banker

APRIL 27, 2022

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New York 69

New York Strategy Community Compliance 69

American Banker

DECEMBER 15, 2023

New York Gov. Kathy Hochul signs a law banning medical debt on credit reports; PayPal's former CEO Dan Schulman will exit the board; community banks boost small-business loan approvals; and more in the weekly banking news roundup.

New York 66

New York Community Bank Community Report 66

American Banker

MARCH 6, 2024

However, he likely will avoid the topic of financial-sector stability, even amid a private-sector rescue of New York Community Bancorp. President Joe Biden is expected to lean in on banking issues such as credit card late fees and overdraft fees Thursday evening in his annual address to Congress.

New York 59

New York Community Cards Policies 59

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. trillion by 2022. Paul, Minn.-based based Sunrise Banks, a $1.1

Cards 128

Cards Community Bank Community New York 128

American Banker

OCTOBER 28, 2022

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New York 68

New York Community Compliance Regulation 68

Independent Banker

APRIL 30, 2022

Community bankers are embracing innovation like never before—with impressive results. Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines. By Charles Potts, ICBA. ICBA sees things differently.

Innovation 91

Innovation Community Bank New York City Community 91

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

American Banker

FEBRUARY 14, 2024

Federal Reserve Vice Chair for Supervision Michael Barr Wednesday downplayed the significance of recent turmoil at New York Community Bank, noting that liquidity and stability in the banking system is in "much better shape than it was last spring."

New York 50

New York Community Bank Community System 50

American Banker

APRIL 16, 2024

detailed how New York Community Bank grew to exceed the $100 billion threshold that triggers tougher bank requirements and set the bank on a path to market turmoil via a series of deals that were approved, in part, by the Office of the Comptroller of the Currency. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn.,

New York 41

New York Community Bank Community Marketing 41

PopularBank

JUNE 10, 2021

New York, NY – June 9, 2021 – Popular Bank, a subsidiary of Popular, Inc. Receiving a superior rating by BauerFinancial is a testament to Popular Bank’s financial strength and commitment to our customers and the communities we serve. Find out more about Popular Bank’s commitment to community service at PopularBank.com/About-us/.

New Jersey 98

New Jersey New York Florida Community 98

PYMNTS

DECEMBER 23, 2019

” As a regulatory initiative aimed at combatting financial crime, KYC requirements are growing ever-more complex, leading corporates and their banks to demand new technologies and services that can address their compliance challenges. .” The Federal Trade Commission (FTC) refunded $2.6

Fraud 131

Fraud Maryland Payments New York 131

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. And in New Albany, Miss., By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

MAY 7, 2020

As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. We believe those local communities that have separate timelines should be afforded the capacity to advance those timelines. For example, the Bay Area.

Retail 141

Retail Texas Guidelines New York 141

PYMNTS

FEBRUARY 13, 2019

The move targets one of the largest pain points of Know Your Customer (KYC) compliance for businesses and their financial institutions (FIs): the complexity linked to corporations that use multiple banks across multiple jurisdictions. law enforcement led to 13 arrests in New York in 2017. ” .” ”

Compliance 160

Compliance Regulation Charlotte Data 160

PYMNTS

APRIL 8, 2019

Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He Murphy has served on the group’s board of trustees since 2015.

National 122

National New York City New York Leadership 122

PYMNTS

JUNE 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. And it all must be done in compliance with the law. Communities government purchasing co-op.

New York City 145

New York City New York Nevada Payments 145

South State Correspondent

JANUARY 4, 2023

Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023. Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite.

Community Bank 195

Community Bank Capital Lending Training 195

ABA Community Banking

DECEMBER 3, 2015

It comes down to reality Management Duties Compliance Blogs AML & Fraud BSA/AML.

New York 40

New York Fraud Compliance Management 40

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski.

Community Bank 70

Community Bank New York Community Taxes 70

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Retail Bank, Citibank, New York, NY. Lisa Servon, Professor, The New School, New York University, New York, NY.

San Antonio 60

San Antonio Kansas City Groups CA 60

PopularBank

MARCH 11, 2020

New York, NY – February 27, 2020 – Popular Bank, a subsidiary of Popular, Inc. This recognition not only speaks to the strength of our organization across many areas, it also signals our long-standing financial performance and commitment to providing the highest level of service to our customers, communities, and partners.”

New Jersey 59

New Jersey New York Florida Lending 59

Independent Banker

SEPTEMBER 21, 2015

Tips on how to keep up with never-ending Bank Secrecy Act compliance. Compliance experts say that by planning ahead, reviewing current compliance status and risks, using technology when needed, and staying up-to-date with training, community banks can indeed weather the storm of regulatory exams and come out fine on the other end.

Training 70

Training Compliance Community Bank Community 70

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. By Vanessa Drucker.

Community Bank 70

Community Bank Compliance Risk Management Community 70

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down.

Risk Management 186

Risk Management Management Lending Resources 186