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DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”. Trustmark is a national bank headquartered in Jackson, Mississippi with 196 branches in five southern states. Attorney’s Offices.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” . CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Robinson, Executive Director, Coalition for a Prosperous Mississippi, Richland, Miss. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Quick, Vice President of Compliance, First Hope Bank, N.A.,

Groups 60
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2021’s Best Community Banks to Work For

Independent Banker

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. has five branch offices serving southern Mississippi.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. But maybe only for a l ittle while , since o ne soaring IPO on a big up day in the stock market does not a unicorn exit strategy make. .

Lending 101
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. The bank, which attributes 31% of its loan portfolio to agriculture, opened loan production offices (LPOs) in Mississippi, Florida and Alabama. “We Bunnell listened.

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Major Medium of Exchange

Independent Banker

Jim Foster, vice president and compliance officer of Oak Bank, a community bank located in the wealthy Gold Coast neighborhood north of Chicago’s Loop, says many of the bank’s customers request four-figure cash withdrawals before they leave on trips out of the country. That will change as time goes on.”. I have a pretty full plate.”.