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Operation Choke Point 2.0

Jeff For Banks

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. The FDIC's quarterly Supervisory Insights for Summer 2011 had a list! What were disfavored industries?

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Bank Board Reports: War and Peace or Cliff Notes?

Jeff For Banks

Executive recruiter Alan Kaplan recently wrote an article for Bank Director magazine titled What Makes Great Boards Great. And most Board members have full time jobs! His number one characteristic was quality dialog, debate, and discussion.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

Earlier this summer, Filene released a research report that examined a systemic problem we face in this country—the lack of accessible financial service options in many low-income, urban communities. Allowing youth to run the operations to give them business experience. Providing youth with their own space to learn about money.

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Four Ideas on Bank Retail Investment Sales

Jeff For Banks

Bank Investment Consultant magazine recently published the results of a bank/credit union investment sales benchmarking report from Kehrer Bielan Research and Consulting. Little is the operative word here. trillion in assets , while bank assets in all FDIC insured financial institutions was $14.7 trillion for the same period.

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