Abrigo

DECEMBER 16, 2019

MST Loan Loss Analyzer (which Summit uses) and Sageworks ALLL , Abrigo’s Allowance for Loan and Lease Losses (ALLL)/CECL solutions, have been identified by the ABA as best-in-class solutions that meet the operational needs of financial institutions as they prepare for CECL compliance deadlines.

West Virginia 195

West Virginia Virginia Data Community 195

CFPB Monitor

DECEMBER 5, 2022

CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years. 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.” .

Rhode Island 78

Rhode Island West Virginia South Carolina North Carolina 78

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. She effectively ran the bank and its operations. All from Keystone, West Virginia. billion in assets.

National 78

National West Virginia Virginia Pennsylvania 78

FICO

APRIL 3, 2019

Most of the issues with procure-to-pay compliance arise because many staff reviewing transactions are more focused on completing their review than on the quality of the review. This article from the State of West Virginia is a perfect example: "More than 17% of Purchase Card transactions lacked sufficient documentation".

Analytics 45

Analytics West Virginia Virginia System 45

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent.

Utah 78

Utah California FDIC West Virginia 78

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Acronym of the Year. Has to be M-O-E. GonzoBanker of the Year – Bank. Congrats on a brave move and national recognition Jim!

Fintech 148

Fintech Strategy Leadership Lending 148