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BankMobile Is One Of Six New FIs To Offer Smart Digital Bank Accounts Via Google Pay

PYMNTS

BankMobile, a division of Pennsylvania-based Customers Bank, serves about one in every three U.S. Bank customers will benefit from useful insights and budgeting tools while keeping their money in an FDIC- or NCUA-insured account.”. college-bound students through relationships with 800 campuses nationwide.

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Ballard Spahr attorneys to moderate and speak at PBI Consumer Financial Services and Banking Law Update on Oct. 29

CFPB Monitor

PBI’s Consumer Financial Services and Banking Law Update will take place on October 29, 2019, in Philadelphia (and by simulcast in Allentown, Bellefonte, Butler, Chambersburg, Easton, Mechanicsburgh, Pittsburgh, West Chester, and York, Pennsylvania). The CFPB, FTC, FCC, DOJ, FRB, FDIC and OCC. Data Security and Privacy developments.

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PSECU Review: Digital-First Approach With Great Products

MyBankTracker

PSECU is a Pennsylvania-based credit union with a digital-first approach that allows it to provide attractive products and services – rivaling the best on the market. You attend, graduated from, or currently work at one of the many Pennsylvania colleges or universities with which PSECU has a relationship. Credit Unions vs. Banks.

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California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

CFPB Monitor

Because CCBank is a state-chartered FDIC-insured bank located in Utah, Section 27(a) of the Federal Deposit Insurance Act authorizes CCBank to charge interest on its loans, including loans to California residents, at a rate allowed by Utah law regardless of any California law imposing a lower interest rate limit.

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A Time of Reckoning for Your Bank's Core Deposits?

Jeff For Banks

FDIC insured. billion in assets financial institution based near Harrisburg, Pennsylvania. My colleague recently sent me a link for meetbeam.com , a soon to be released banking app that boasts a 2%-4% rate for your cash, FDIC insured (they are partnering with a bank). By default. When they bought Strong Asset Management.

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

CFPB Monitor

Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado. 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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Squared Away- How It Happened

Jeff For Banks

I attended the Pennsylvania Bankers' Association Women in Banking Conference the next day. The subtitle came from a virtual conference where Jelena McWilliams, the FDIC Chair, said those words. March 11, 2020: The World Health Organization declared a global pandemic. And I wouldn't attend another for a year and three months.