CFPB Monitor
FEBRUARY 6, 2020
The Bureau’s press release states that the proposed consent order is part of “the global resolution of the Think Finance Entities’ bankruptcy proceeding…which includes settlements with the Pennsylvania Attorney General’s Office and private litigants in a nationwide consumer class action.
Independent Banker
AUGUST 26, 2015
A Pennsylvania community bank’s perspective on the rewards and potential perils of developing a separate business line. My personal opinion is that insurance is a service that a community bank should offer their wealth management and commercial lending clients—if we could do it in a way that was meaningful and made sense,” he continues. “We
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CB Insights
OCTOBER 29, 2018
The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. But leadership changes quickly created issues for the merged company. New York Central and Pennsylvania Railroad. ” 11.
Gonzobanker
DECEMBER 14, 2023
Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Sounds like a cool strategy to build a smarter bank.
CFPB Monitor
APRIL 26, 2022
The webinar will address the CFPB’s announcement regarding supervision of nonbanks as well as other actions taken under the leadership of Director Chopra. The procedures allow a nonbank to consent to CFPB supervision at any time. For more information and to register, click here.
Gonzobanker
DECEMBER 20, 2018
Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. There is a nice mix of the executive gene pool among these two organizations to build the future leadership team, and this deal helps CenterState gain scale as it moved past the dreaded $10 billion regulatory mark. We hope we see you on the green boys!
Gonzobanker
DECEMBER 19, 2016
Hats off to a decade of strong leadership and hard work. Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states. Gonzo Lifetime Leadership Award – John Glenn. Check it out on YouTube.
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