Jeff For Banks

OCTOBER 15, 2021

Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. Although this is higher than the current top guideline of Fed Funds rate of 25 basis points, I feel comfortable using it as a proxy for bank savings rates.

Taxes 78

Taxes FDIC Guidelines Policies 78

Jeff For Banks

MAY 20, 2017

Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending.

Lending 60

Lending Regulation Community Community Bank 60

CFPB Monitor

MAY 22, 2020

The Federal Reserve, OCC, FDIC, and NCUA have issued “ Interagency Lending Principles for Offering Responsible Small-Dollar Loans.” It also approves the use of “effectively-managed third party relationships” to implement small-dollar loan programs. Effective management of credit, operational, compliance, and other risks.

FDIC 78

FDIC Policies Lending Guidelines 78

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Examiners, therefore, will routinely consider whether consumer lending underwriting and pricing guidelines, policies, and procedures comply with these requirements. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Jeff For Banks

MARCH 29, 2014

The Bank also offers wealth management and trust services. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. We are primarily a secured lender, with our greatest concentration of loans in Texas.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

CFPB Monitor

OCTOBER 13, 2020

We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.

Lending 60

Lending Colorado FDIC National 60

PYMNTS

OCTOBER 11, 2017

Millions of American consumers use small-dollar loans to manage budget shortfalls or unexpected expenses,” said Dennis Shaul, chief executive of the Community Financial Services Association of America. Banks need clear guidelines from a host of players. He is expected to be confirmed, but Washington is a wild place these days.

Lending 109

Lending Regulation Guidelines FDIC 109