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. Washington D.C. When they travel they don’t just want a place to sleep, but they want to be connected to the local community.

Compliance 109

Compliance Innovation New York San Francisco 109

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As Barr points out, most community banks—close to 75 percent—are now growing their loan portfolios.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

AUGUST 31, 2021

Some lawmakers on Capitol Hill are increasingly interested in diversity and inclusion (D&I) compliance requirements for financial institutions. Here are the key areas of D&I policies and practices that community banks may need if these requirements change or become mandatory. Preparing your community bank’s D&I program.

Community Bank 91

Community Bank Policies Community Regulation 91

American Banker

FEBRUARY 24, 2024

His message was especially notable because it was aimed at smaller institutions that have gotten less scrutiny from Washington. Surprise overdraft fees and charges incurred by consumers who cash bad checks likely violate the law, state Attorney General Rob Bonta said.

California 77

California Washington Community Bank Community 77

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

MAY 26, 2016

It’s yet another fiasco of meddlesome overregulation that could have been avoided, says Becky Miller, vice president and compliance officer for the $90 million-asset Farmers Trust and Savings Bank in Williamsburg, Iowa. Under the glorified goal for “simplification” touted by policymakers cosseted in far-off Washington, D.C.,

Washington 70

Washington Iowa Maine Compliance 70

PYMNTS

MARCH 25, 2019

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “ payday lending rule ” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). The CFPB had asked the court to wait until a separate case had been decided. This is still illegal federally.”

Lending 128

Lending Illinois Compliance Chicago 128

ABA Community Banking

JULY 24, 2015

SNL Report: Unexpectedly, small lenders gain market share under QM Retail Banking Compliance Mortgage CFPB.

Washington 40

Washington Compliance Retail Marketing 40

PYMNTS

DECEMBER 30, 2019

To date 43 states and Washington, D.C. The new jumble of state-level and municipal taxation has further obscured already confusing Internet sales tax compliance. have moved to collect sales tax from remote sellers, and it’s just the beginning. If you ever wonder what causes internet billionaires to lose sleep … this’ll do it.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

PYMNTS

MAY 16, 2018

Beyond the competitive edge, CFOs must contend with compliance and risk mitigation. “In In very plain language, it’s the CFO’s role with compliance to keep everyone out of jail and avoid financial restatements,” she said, a bit tongue-in-cheek. The result?

Compliance 117

Compliance Data Innovation Analysis 117

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Part of our mission is to improve the quality of life in our communities. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers.

Colorado 126

Colorado Massachusetts US Industry 126

Independent Banker

SEPTEMBER 30, 2021

But for most community banks, building a trustworthy brand isn’t a conscious effort. So first, we’ll look at how two community banks have become trusted pillars of the community through charity work and good old?fashioned billion-asset community bank. Build your community. It’s in their DNA.

Community 139

Community Community Bank social media Security 139

FICO

JANUARY 13, 2020

Industry is anxious for some clear rules of the road, including resolution on such issues as to how many attempted calls can be made weekly to a debtor and how collectors can leverage modern communications technology (e.g., Some are saying this spring but in Washington, D.C., email and texts). deadlines always seem to slide.

Policies 52

Policies Las Vegas FDIC Washington 52

Jeff For Banks

DECEMBER 16, 2022

Communities First Financial Corporation (OTCQX: CFST) Communities First Financial Corporation is the bank holding company for Fresno First Bank , which opened in December 2005 dedicated to meeting the banking needs of businesses, professionals, and successful individuals in Central California. Triumph Bancorp, Inc. Nasdaq: TBK) #4.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

American Banker

AUGUST 11, 2023

The three former Washington Federal Bank for Savings board members were accused of giving the OCC false information in an attempt to hide embezzlement. They could face up to five years in prison for attempting to deceive the OCC.

Chicago 36

Chicago Washington Community Bank Community 36

Independent Banker

MARCH 15, 2015

With a little time and attention, every community banker can make a difference in our industry’s grassroots advocacy. For that reason, today’s lawmakers on Capitol Hill are highly attuned to their bosses—their constituents, which includes community bankers. By Michael Blankenheim.

Community 70

Community Washington Community Bank Meeting 70

PYMNTS

MARCH 15, 2019

has brought on a slew of changes in the small business community, and uncertainty persists even for professionals. Reports in The Washington Post in June noted that the government missed out on a combined $13.7 “However, with communication now being at our fingertips, many SMBs want engagement and customization.

Taxes 193

Taxes South Dakota Software Survey 193

PYMNTS

FEBRUARY 4, 2020

states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal. RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. The industry is big business – and getting bigger by the day. But I knew weather and sports,” Roth noted.

Online 134

Online New Hampshire Rhode Island District of Columbia 134

FICO

OCTOBER 4, 2016

The potential of alternative data in consumer lending decisions continues to be a hot topic in Washington, D.C., with the latest evidence seen in developments related to the Community Reinvestment Act (CRA). This development is welcome news for those here at FICO and for our many existing and prospective customers.

Lending 74

Lending Data Community FDIC 74

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC. For an analysis of the DFS lawsuit, click here.). In her remarks and responses to questions, Ms.

Policies 60

Policies Lending Data Online 60

CFPB Monitor

OCTOBER 27, 2022

On October 18, 2022, the Federal Trade Commission (“FTC”) announced a settlement with a Washington, D.C.-area area auto dealer, Passport Automotive Group (“Passport”), resolving allegations that it had deceived consumers by adding illegal “junk” fees onto car prices and charging Black and Latino consumers higher financing costs and fees.

Groups 78

Groups Exercises Lending Policies 78

Independent Banker

DECEMBER 29, 2015

Community bankers offer real-world reasons for more Basel III relief. Nearly one year after the Basel III capital rules went into effect, community bankers say that now recognize just how much more complex and how much more difficult this new set of capital rules will make life and business for them if they remain in place.

Community Bank 70

Community Bank Community Capital Lending 70

William Mills

OCTOBER 13, 2017

Attendees could customize their day – picking and choosing from 70 different sessions on five separate stages featuring a wide range of topics including payments, fraud, fintech, marketing/product development, channel optimization, sales, compliance, business banking, artificial intelligence (AI) and community-based banking.

Atlanta 41

Atlanta Innovation Conference Georgia 41

Independent Banker

DECEMBER 28, 2015

Starting early with HMDA may give your community bank a cushion to address unexpected bumps in the road. Richard Horn ( rich@richhornlegal.com ) is the principal of Richard Horn Legal PLLC, a regulatory compliance law firm in Washington, D.C. Start preparing now. The two-year implementation period will go by quickly.

Report 70

Report Data Software Washington 70

Independent Banker

DECEMBER 13, 2015

Community banks face yet another set of regulatory requirements with the recently revised Regulation C reporting rule implementing the Home Mortgage Disclosure Act. The final rule greatly expands data-collection and reporting requirements, compounding existing regulatory and paperwork burdens that restrict lending by community banks.

Community Bank 70

Community Bank Community Resources Regulation 70

Gonzobanker

APRIL 28, 2016

According to Cornerstone Advisors research , roughly six in 10 community bank and credit union CEOs are concerned with the regulatory burden. We are hopeful that community banks will also pursue efforts to communicate the real cost of regulatory burden to our friends in Washington. Everyone go search “BSA” on Google!

Regulation 60

Regulation Management Community Bank System 60

ForwardBanker

MAY 3, 2016

I started and ended the month of April in Washington D.C. – The District that heralded early cherry blossoms, and later snowstorms, a precursor hint to a blustery. Last month heralded many milestones and events for those of us who tend to a bit of the geeky side of watching the political and regulatory landscape.

Conference 28

Conference Washington US Policies 28

ForwardBanker

MARCH 3, 2016

Last week 5,000 credit union leaders gathered in Washington DC for CUNA’s annual Government Affairs Conference (GAC). As its name implies, the GAC is heavy on congressional interaction and industry advocacy. Given the heightening battle of legislative tug of war between banks and credit unions, that’s a reasonable use of time.

Conference 28

Conference DC Washington Industry 28

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

PYMNTS

DECEMBER 14, 2020

Facebook and Google could face financial penalties in the millions of dollars if they don’t follow potential legislation introduced into the parliament of Australia that would require Big Tech to pay for news content that they show, The Washington Post reported. Ireland Unveils Supplements to New Proposed Digital Safety Law.

Google 132

Google social media Compliance Regulation 132

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. It’s time to toast the conquerors and skewer the laggards, GonzoBankers. THE BANKING AWARDS.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. The fizzle wears on. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Abrigo

SEPTEMBER 25, 2023

While 38 states , along with Washington D.C., Communities are flooded with cash associated with these businesses, with no place to deposit the funds.  Stay up to date on federal and state laws relating to cannabis banking. In addition, reputational risk is a factor in many conservative communities.

Puerto Rico 243

Puerto Rico Virgin Islands Guam United States 243

American Banker

JANUARY 16, 2020

Lenders grew more optimistic that Congress will undo or narrow the loan-loss accounting standard after members of a House subcommittee assailed Russell Golden for approving the rule without studying its impact on credit availability.

Study 56

Study DC Washington Community Bank 56

Independent Banker

SEPTEMBER 21, 2015

Supreme Court, it is, and the high court’s recent ruling to that effect is likely to affect community banks, their regulatory examinations and their potential exposure to fair lending lawsuits. Furthermore, community banks still have the defense of “showing a business reason to justify their policies.”. lending compliance.

Lending 70

Lending Community Bank Policies Community 70

PYMNTS

MAY 15, 2017

Ever since, bitcoin’s been touted by the FinTech community as one of the most remarkable innovations of our time and a highly disruptive force for how money can be moved between people and institutions on a global basis. Gotta hate those Washington bureaucrats looking to protect us from people with criminal intent.

Bitcoin 155

Bitcoin Regulation Innovation Fintech 155