Perficient
DECEMBER 21, 2023
Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions.
Gonzobanker
JUNE 14, 2023
Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. In effect, Cross River is in time out.
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Perficient
AUGUST 9, 2022
Building trust is not limited to overarching company leadership. Greenwood operates completely online, but they partner with FDIC-insured banks and are part of a global ATM network that allows members to use more than 100,000 ATMs fee-free when they need to withdraw and deposit physical cash and checks.
Insights on Business
FEBRUARY 22, 2019
Contact your IBM representative to learn more about IBM’s thought leadership in banking digital and branch transformation. Retail Banking Satisfaction Study, JD Power. [3] 3] Source: FDIC banking industry data, 1994-2017. Explore IBM Banking and Financial Markets Solutions. [1] 2] Source: 2018 U.S.
CFPB Monitor
DECEMBER 6, 2021
Prior to the issuance of the two new reports, the Bureau’s most recent report on overdrafts was issued in August 2017 under the leadership of former Director Cordray. Two earlier reports were issued in June 2013 and July 2014 , also under former Director Cordray. And, in any event, high fees alone are not unlawful.
PYMNTS
OCTOBER 29, 2018
Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. In fact, according to our recent study, they come in dead last. And that is a bank – one with FDIC insurance and safeguards that keep their money safe.
Independent Banker
MARCH 15, 2015
Yet his steady leadership is paired with a willingness to challenge the status quo cautiously to keep up with an evolving marketplace—a quality that appealed to the bank’s board when it promoted him from loan officer to bank president 25 years ago. FDIC Advisory Committee on Community Banking, member. Thoughtful action. Kelly Pike.
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