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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. commercial real estate sector.

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At home with HOA banking

Independent Banker

Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. One of the very quick things we turned to were HOAs,” he says. Photo by Jason Tracy. Assets: $2.3

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Another Maryland threat to bank partner model lending

CFPB Monitor

In the litigation that followed , Maryland’s highest court held that nonbanks cannot market loans originated by a bank without being licensed as credit services businesses, and affirmed $5.6 In 2016, the OCFR brought an enforcement action against CashCall, a nonbank operating a high-rate bank model program.

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The Mother List of All Banking Books

Jeff For Banks

Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. The Panic of 1907: Lessons Learned from the Market's Perfect Storm 2009 Lowell L. Bonadio Bonadio, Felice A. Giannini: Banker of America 1994 Richard X. Bove Bove, Richard X. Guardians of Prosperity: Why America Needs Big Banks 2013 John F.

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