article thumbnail

FinTech Could Be Hurt By Fight Between OCC And States

PYMNTS

TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. In essence with the charter, the government could weed out the good FinTechs from the bad ones.

Fintech 109
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. The National Iron Bank. The First National Bank of Gilbert. Ag Lender Score. Mason City.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. It’s time to toast the conquerors and skewer the laggards, GonzoBankers. THE BANKING AWARDS.

article thumbnail

5 ways AI can improve customer service

Independent Banker

As a national bank that serves customers in multiple states, Stearns makes loans and finance equipment for various industries, including medical, agriculture, construction and transportation. Susan Springer is a writer in Oregon. Because the $2.3 Paperwork takes way too long.”.

article thumbnail

State AGs urge Mulvaney to continue use of disparate impact theory of ECOA liability

CFPB Monitor

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” because of race, color, religion, sex, handicap, familial status, or national origin.”. to discriminate against any person.

article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

We are registered in Colorado and Oregon as a lender and our employees maintain home offices in those states from which we originate and underwrite those loans. We have benefitted from the Texas economy since our inception, producing strong loan growth and favorable loss experience amidst the challenging environment for banking nationally.

Strategy 101
article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. But though Oregon has some 500 state-sanctioned cannabis operations, Maps stands as the only FI in the state to do business with that industry, Pross said.

Oregon 230