Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. As an industry, the trend is down. What about the financial performance and condition of our industry? That yielded 291 total institutions, broken down by region. So I will say to you that t he condition of the industry is strong. Trends are telling.

Taxes 60

Taxes Regional Industry Trends 60

Abrigo

DECEMBER 9, 2014

Community banks are expanding their loan portfolios to include more small business loans, according to the most recent Community Bank Performance report by the FDIC. Loans across categories increased, with commercial and industrial loans growing at the fastest rate, roughly 5.3 percent over the 3rd quarter of 2013.

Training 170

Training Policies Analysis Community Bank 170

Independent Banker

JULY 30, 2015

With a consultative approach, I ensure members’ needs are being met through our eight regional offices,” he says. While all of ICBA’s members are FDIC-insured, the association represents Federal Reserve member banks, nationally chartered banks and state-chartered institutions. IB: What does ICBA membership involve? Independent Banker.

Resources 70

Resources Tools Community Bank Community 70

American Banker

JUNE 1, 2016

Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% billion compared with a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

FDIC 28

FDIC Industry Community Bank Regional 28

PYMNTS

NOVEMBER 9, 2017

Another workaround for tech firms is forming an industrial loan company — which enjoys many of the same rights as a bank (the ability to raise deposits being the critical one) but doesn’t quite make the level of full banking license. King added that he was “absolutely opposed” to the idea of a limited banking license.

Regulation 100

Regulation Retail New York Apple 100

CFPB Monitor

JUNE 15, 2020

The OCC acted alone in issuing the final CRA rule without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.

Community 60

Community FDIC Lending Examples 60

FICO

DECEMBER 20, 2018

Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. As always, FICO stands ready to help your organization navigate our rapidly changing industry. Payday Lenders Will Face More Robust Competition.

Trends 73

Trends Lending Fraud Exercises 73

Jeff For Banks

SEPTEMBER 10, 2011

Neither supported this regional president''s opinion. If our industry is to change, then who should be change agents? They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. billion bank with a 3.60% ROA year to date.

Arkansas 65

Arkansas South Carolina FDIC North Carolina 65

Jack Henry

APRIL 30, 2014

Participate in industry information sharing forums. The FDIC provides a listing of resources that can be used to better identify and mitigate potential cyber-risks. Regional Coalitions. The FDIC encourages subscribing to these various groups to ensure that you receive regular security alerts, tips, and other updates.

Fraud 88

Fraud Cyber Security ATM FDIC 88

South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

social media 195

social media FDIC Branding Management 195

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. We will vigorously investigate wrongful conduct in this industry.”.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

FEBRUARY 24, 2016

State/Regional Partners Reception*. State/Regional Affiliate Associations & Exhibitor Receptions*. Too often we think of innovation or creative disruption as these giant breakthroughs, like how Uber changed the cab industry. So we want our checking accounts to be FDIC insured. Monday, March 7. Concurrent Workshops.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Independent Banker

APRIL 30, 2022

Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Philip Pecora, president and CEO Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded? First Bank. Burkburnett. Home Loan Investment Bank, F.S.B. HNB National Bank. Presidential Bank, FSB. Old Monroe.

Community Bank 172

Community Bank Community Montana Taxes 172

American Banker

JULY 13, 2016

Millennium Bank is said to have been the target of an enforcement action related to its work with the pot industry. The episode shows why many banks remain reluctant to serve the fast-growing cannabis industry.

Illinois 28

Illinois Industry FDIC Community Bank 28

American Banker

AUGUST 30, 2016

The growth in loan demand and the industry's interest-related income has come in spite of continued pressures on bank profitability.

Lending 31

Lending Industry FDIC Community Bank 31

PopularBank

DECEMBER 11, 2023

“Molly’s contributions and leadership of Popular Association Banking has enabled us to deliver exceptional service to our customers and helped us advance our growth as a premier financial institution in Florida,” said Israel Velasco, Popular Bank’s Florida Region President. “We PAB has an active lending platform in over 30 states.

Management 52

Management Florida Community Leadership 52

Abrigo

DECEMBER 19, 2019

Throughout the decade, one of the biggest changes occurring within the banking industry has been the consolidation of financial institutions. In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. In 2018, the number of banks declined by almost a third to 4,708 institutions.

Lending 195

Lending Fraud Community FDIC 195

Jeff For Banks

MARCH 29, 2014

We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. We focus our marketing efforts in three areas. We serve our local geographic market which is the Dallas - Fort Worth metropolitan area.

Strategy 100

Strategy Texas San Antonio Fort Worth 100

CB Insights

DECEMBER 4, 2019

The regions involved in the initial pilot included Colombia, Chile, Hong Kong, Kenya, Indonesia, Malaysia, the Philippines, Peru, Taiwan, and Thailand. In these regions, consumers can pay for Amazon purchases by visiting a Western Union location and making a deposit in cash. US households, composed of 14.1M adults and 6.4M

Cards 101

Cards Lending Strategy US 101

William Mills

SEPTEMBER 9, 2016

Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank. Built a solution called Customer Insight for banking.

social media 40

social media ATM Mobile Customer Experience 40

CFPB Monitor

JUNE 25, 2020

Until the FDIC and Board of Governors of the Federal Reserve System take action, state nonmember banks and state member banks will continue to comply with the current rule, as codified in 12 CFR Part 228 and Part 345. Small and intermediate banks must comply with the rule by January 1, 2024.

Community 97

Community Lending Meeting Retail 97

Abrigo

JULY 22, 2022

Takeaway 2 While these financial products are appealing, the lack of stability and consumer protections surrounding them are a concern for the FDIC. ? . Takeaway 3 Financial institutions should notify the FDIC of crypto-related activity and be familiar with the risks of the cryptocurrency world. . Crypto turbulence.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

Gonzobanker

FEBRUARY 7, 2018

Jim McAlpin from Bryan Cave LLP noted that the bulk of regulatory relief would come through a more rational examination process from the Fed, OCC and FDIC – clearly welcome news for those who fell victim to armies of examiners in conference rooms over the past decade. #2: 2: The Bulls. 3: Business Model.

Taxes 75

Taxes Video Analytics Arkansas 75

PYMNTS

FEBRUARY 14, 2019

Despite 47 states having some form of legalized marijuana for sale, the legal cannabis industry exists in a state of potentially dangerous uncertainty when it comes to financial services. But banks, credit unions and card networks shy away from that industry, despite its revenue potential, due to concerns about federal regulatory punishment.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

13), banking and credit union executives, along with representatives from law enforcement and the cannabis industry, went before lawmakers to argue in favor of change. But banks, credit unions and card networks — understandably —shy away from that industry despite its revenue potential due to concerns about federal regulatory punishment.

Oregon 115

Oregon Colorado Operations Washington 115

FICO

FEBRUARY 23, 2017

In my 2017 regulatory predictions post last month, I concluded by saying that the new year would be very different for the financial services industry than 2016. In addition, within the next 12 months, President Trump will be able to appoint new leaders at the OCC, Fed and FDIC. This certainly didn’t take long to come to fruition.

FDIC 40

FDIC Regulation United States Tools 40