DC, FDIC, Lending and National - Community Banking Brief

California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

CFPB Monitor

SEPTEMBER 10, 2020

Because CCBank is a state-chartered FDIC-insured bank located in Utah, Section 27(a) of the Federal Deposit Insurance Act authorizes CCBank to charge interest on its loans, including loans to California residents, at a rate allowed by Utah law regardless of any California law imposing a lower interest rate limit.

Utah

Utah California FDIC West Virginia

Dear Mr./Ms. Bank Regulator

Jeff For Banks

AUGUST 2, 2014

John Whatshisname Examiner In Charge Bank Regulatory Body 1 Bureaucrat Way, NW Washington, DC 20429 Mr. Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap"). Warm Regards, Schmidlap National Bank.

Regulation

Regulation DC FDIC Analytics

Community Banking Brief

California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

Dear Mr./Ms. Bank Regulator

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