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Trade groups file lawsuit in Texas federal court challenging final OCC/FDIC/Federal Reserve Community Reinvestment Act rules

CFPB Monitor

Several national and Texas banking and business trade groups have filed a lawsuit in the U.S.

Texas 78
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Trade groups urge CFPB to extend Texas federal court’s stay of small business lending rule compliance dates to all FDIC-insured banks

CFPB Monitor

Yesterday, we published a blog post in which I urged the CFPB to agree to extend the relief granted by the Texas federal district court in the lawsuit challenging the CFPB’s final small business lending rule (Rule) to all entities covered by the Rule.

Texas 78
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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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Supreme Court hears arguments over jurisdiction for constitutional challenges to FTC’s enforcement authority

CFPB Monitor

District for the Northern District of Texas, arguing that the appointment of the ALJ was unconstitutional and deprived her of due process. On October 19, 2022, the Fifth Circuit held in Community Financial Services Association of America v. SEC that the SEC’s process for appointing ALJs was unconstitutional.

Arizona 78
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Banking's Total Return Top 5

Jeff For Banks

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. Hingham Institution for Savings Founded in 1834, Hingham Savings'' mission is to provide the finest in community banking, with integrity and teamwork.

Texas 82
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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

Bank of the Ozarks began in 1903 as a small community bank in Jasper, Arkansas, and by 1937, included an additional bank in Ozark, Arkansas. Since that time, the company has grown to more than 100 locations throughout Arkansas, Texas, Georgia, North Carolina, South Carolina, Alabama and Florida. How did they grow so quickly?

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Three Small US Banks Collapse Over Past Month

PYMNTS

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). Assets and deposits were assumed by Industrial Bank, a press release from the FDIC indicated. “On Louisa Community Bank of Louisa, Kentucky also shuttered on Oct.

Kentucky 140