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Study Sacks FDIC Fears on Brokered Deposits

Long Lasting Ideas

Continue reading Study Sacks FDIC Fears on Brokered Deposits at Bank Marketing Strategy + Ideas. Barth and a doctoral student Yanfei Sun, both from my alma mater, Auburn University, has sacked part of the regulators’ premise, the slice that gave brokered deposits a black eye.

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Anyone interested in a de novo bank?

Long Lasting Ideas

A couple of years back in this blog, we noted with more than a dash of skepticism that the FDIC was trying to make it easier for new banks to test the financial waters. at Bank Marketing Strategy + Ideas. Continue reading Anyone interested in a de novo bank?

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Trump Tax Cuts – Benefiting Wall Street or Main Street?

Long Lasting Ideas

The Washington Post cited a FDIC report – the regulator’s quarterly report on the state of American banking – that showed a 27.5 at Bank Marketing Strategy + Ideas. percent increase in first quarter net income. Continue reading Trump Tax Cuts – Benefiting Wall Street or Main Street?

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FDIC’s welcome sign for de novos might as well be unplugged.

Long Lasting Ideas

These days, when some in the political circle are calling for an expansion of Dodd-Frank, the chairman of the FDIC, Martin Gruenberg decided in April to ease regulations in an effort to try to jump start the creation of new banks. Continue reading FDIC’s welcome sign for de novos might as well be unplugged.

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At last, a Washington idea community banks and credit unions can use.

Long Lasting Ideas

Sarbanes-Oxley, Dodd-Frank, the FDIC and other financial regulators – as well as Congress and the White House — have not been friendly to community banks, all while bailing out Wall Street big boys. at Bank Marketing Strategy + Ideas. And – hold on to your hats, kids – it’s a bipartisan bill.

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OppFi files complaint to block “true lender” challenge by California Department of Financial Protection and Innovation

CFPB Monitor

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans of $2,500 to $10,000 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate.

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Bank Marketing Budgets Adapt to New Missions and New Tools

The Financial Brand

The Financial Brand pulled marketing budgets from FDIC call reports for 210 banks for 2018 and 2015. The post Bank Marketing Budgets Adapt to New Missions and New Tools appeared first on The Financial Brand. Here's what our comparison found.

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