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FDIC issues research paper on use of digital footprints to assess creditworthiness

CFPB Monitor

search engine or price comparison site). The researchers considered ten digital footprint variables that included: The device type (e.g. tablet or mobile). The operating system (e.g. iOS or Android). The channel through which a customer comes to a website (e.g. Two pieces of information about the user’s email address (e.g.

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OCC and FDIC issue joint proposal to revise CRA regulations; Ballard Spahr to hold Jan. 29 webinar

CFPB Monitor

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. ” Click here to register. Our thoughts.

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What Banks Can Learn from the Republic Bank Failure

South State Correspondent

With the assistance of the FDIC, Fulton Financial acquired certain assets, debt and deposits of Republic Bank. Also, interest rates are not high by historical comparison (especially when eliminating the pandemic monetary response), and bank managers’ job is to manage uncertatiny (also called risk).

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.

Fresno 101
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CO-OP Shared Branch Surpassed Chase In Number Of Branches

PYMNTS

Chase in comparison has 5,567 branches as of July 18, according to FDIC figures. The CO-OP Shared Branch network announced Wednesday (Aug. 3) that it has passed Chase in the number of branch offices, making the credit union cooperative the second-largest network of financial institution branches in the country.

ATM 103
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Bank Marketing Budgets Adapt to New Missions and New Tools

The Financial Brand

The Financial Brand pulled marketing budgets from FDIC call reports for 210 banks for 2018 and 2015. Here's what our comparison found. The post Bank Marketing Budgets Adapt to New Missions and New Tools appeared first on The Financial Brand.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. trillion failed.

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