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Nevada federal district court stays CFPB action to enforce civil investigative demand pending SCOTUS decision in CFSA case

CFPB Monitor

A Nevada federal district court has stayed an action filed by the CFPB to enforce a civil investigative demand (CID) issued to a small-dollar lender pending the U.S. Supreme Court’s decision in Community Financial Services Association of America Ltd. The issue in CFSA v.

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Fighting fire with funding

Independent Banker

In the wake of the devastating Dixie Fire in northeastern California, Plumas Bank partnered with a local community foundation, forming the Dixie Fire Fund with a $50,000 bank donation. community, Plumas Bank has seen its share of wildfires, which have blighted northeastern California in recent years. billion-asset community bank. “It

Community 150
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Bitcoin Daily: Dutch Parliament Cracks Down On Money Laundering; Busan Considers Launching Its Own Crypto

PYMNTS

And Jeffrey Berns announced that he has acquired a small community bank for $28 million. Berns, who revealed last year his plans to create a blockchain-focused master-planned community and e-sports arena in the Nevada desert, said the acquisition of the Las Vegas-based Kirkwood Bank of Nevada is an important step in reaching his goal.

Nevada 100
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Credit union joins list of lenders selling PPP originations

American Banker

Greater Nevada Credit Union, like a number of community banks, agreed to sell its Paycheck Protection Program loans to avoid having to navigate the complicated forgiveness process.

Nevada 70
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Consumer Electronics Show Goes Virtual Due To COVID

PYMNTS

But coronavirus infection rates have since soared across the country, with Nevada reporting 1,000 new cases on Monday (July 27). There have also been reports that 123 visitors to Nevada later tested positive after returning to their home states. ”

Las Vegas 132
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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

“Safety is our top priority, on and off the mountain, and Square knows this and aligns with POWDR’s Operation Stay Safe, the enhanced POWDR mountain experience that prioritizes the well-being of our staff, guests and community in the midst of the pandemic.”.

Vermont 257
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Rebeca Romero Rainey: Shifts in lending

Independent Banker

But community banks have adapted to address that shift. I’ll be attending the 2022 Idaho, Nevada, Oregon and Washington Bankers Associations’ Annual Convention in Coeur d’Alene, Idaho, and meeting with ICBA’s board of directors. We, as community bankers, will continue to adapt to meet our customers’ needs. Rebeca Romero Rainey.

Lending 141