Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Bankers and industry observers have several recommendations for how community banks can come up with risk ratings and rankings that foster safe growth in a volatile economic climate.

Management 103

Management Community Bank Community Regulation 103

Abrigo

DECEMBER 20, 2021

Whether that is the case or not, the reprieve is now over. On December 16, 2021, FinCEN announced an $8 million civil money penalty against CommunityBank of Texas (CBOT) for willful Bank Secrecy Act (BSA) violations and failing to maintain an effective anti-money laundering (AML) program. CommunityBank of Texas' citations.

Resources 195

Resources Texas Analysis System 195

CFPB Monitor

AUGUST 5, 2019

Supreme Court ruling in Texas Department of Housing and Community Affairs v Inclusive Communities Project, Inc. Initially filed in 2013, the plaintiffs filed an amended complaint following Inclusive Communities to allege that the Rule was inconsistent with that opinion.

Community 68

Community Policies Compliance Regulation 68

PYMNTS

AUGUST 19, 2019

As noted last week, the draft order, which was seen and reported by CNN , would place the Federal Communications Commission (FCC) in charge of how marquee names such as Facebook and Twitter show what is on their sites. Neither party requests the court to lift the stay of litigation or the stay of the compliance date at this time,” wrote U.S.

social media 128

social media Regulation Lending Compliance 128

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Community Bankers Chosen as CFPB Advisors.

Washington 70

Washington Fort Worth Regulation Community Bank 70

Independent Banker

OCTOBER 14, 2014

According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. It is apparent everywhere you turn that social media is one of the hottest new communications tools in our society.

social media 88

social media Risk Management Compliance Community Bank 88

CFPB Monitor

OCTOBER 27, 2022

It is worth noting that the Chamber filed its case in a Texas federal district court, so any eventual appeal of that case would go to the Fifth Circuit, which held last week that the CFPB’s funding mechanism is unconstitutional in Community Financial Services Association of America v. Consumer Financial Protection Bureau.

Groups 78

Groups Exercises Lending Policies 78

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Like how does that play into our communities?

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

JUNE 13, 2018

A Texas court ruled on Tuesday (June 12) against delaying the compliance date for the Consumer Financial Protection Bureau ’s rule on payday loans. The restrictions are scheduled to take effect next year, but lenders — along with the CFPB — sued to have that deadline delayed while the agency takes a closer look at the regulations.

Texas 112

Texas Lending Austin Regulation 112

American Banker

JANUARY 25, 2022

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Texas 36

Texas Community Bank Community Compliance 36

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Fintech Labs Insights

DECEMBER 10, 2015

Other investors include Texas Independent Bancshares, Mike Maples, and Adams Street Partners. CBANC launched its network as a platform where financial industry professionals can ask, answer, and share industry-related intelligence, specifically regarding regulation and new technology. When added to its previous round of $1.7

Austin 12

Austin Texas New York Community Bank 12

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. FinTech threats and distractions.

Conference 101

Conference Industry Community Bank Community 101

Jeff For Banks

MARCH 29, 2014

To exemplify, here are three Texas bank''s "Business" and "Business Strategy" sections to their most recently filed 10k. I picked Texas because of their perceived independent streak. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. Texas Capital Bancshares, Inc.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

CFPB Monitor

SEPTEMBER 30, 2022

Populus also filed a motion to stay all proceedings in the case pending the Fifth Circuit’ decision in Community Financial Services Association of America Ltd. With regard to the OCC, Populus distinguishes the OCC’s reliance on fees from the entities it regulates which it asserts creates political accountability for the OCC.

Groups 78

Groups FDIC Texas Leadership 78

Fintech Labs Insights

SEPTEMBER 25, 2015

The biggest pure-equity round went to Finovate alum, CoverHound , an insurance portal gaining favor with the VC community. HQ: Austin, Texas. Tags: Enterprise, security, regulations, compliance, fraud protection. Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 Risk management.

San Francisco 12

San Francisco Company Fintech San Jose 12

Independent Banker

JULY 8, 2015

Absent Congress actively changing the law, however, the Supreme Court has issued a decisive opinion that sets an important precedent on the disparate-impact issue for community banks and the rest of the financial services industry. The case in question— Texas Department of Housing and Community Affairs v.

Washington 70

Washington Policies Community Community Bank 70

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Regulator Award.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well.

Industry 101

Industry Technology Online Video 101