American Banker

MARCH 22, 2024

million loss to the regulator's Deposit Insurance Fund. The FDIC Office of Inspector General attributed the downfall of Citizens Bank in November 2023 to lax lending practices and risk mismanagement by the Lange family, causing a $14.8 The OIG saw no grounds for a more extensive review.

FDIC 41

FDIC Risk Management Iowa Lending 41

American Banker

JANUARY 6, 2022

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Nebraska 60

Nebraska Iowa Regulation Compliance 60

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. By Tim Cook. Consumer mortgage disclosures that once took 10 minutes for Miller to complete now take several hours.

Washington 70

Washington Iowa Maine Compliance 70

PYMNTS

AUGUST 8, 2017

Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Guess what Wells Fargo didn’t do?

South Carolina 100

South Carolina Payments Iowa Oklahoma 100

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

Washington 70

Washington Fort Worth Regulation Community Bank 70

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. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Independent Banker

SEPTEMBER 30, 2021

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. John Moeller, a principal at CliftonLarsonAllen LLP who is based in Cedar Rapids, Iowa, says many banks are not engaging in pen testing often enough and some use inferior approaches to testing.

Community 139

Community Community Bank social media Security 139