Independent Banker

AUGUST 31, 2022

Our senior leadership team took that to heart, and it stuck with us, creating an environment in which compliance plays a significant role in everything from our strategic direction to our daily operations. Fair Lending/Section 1071/TRID. My top three. Compliance discussions for every team: Reg E/Overdraft Programs and Representments.

Compliance 177

Compliance Community Leadership Industry 177

CFPB Monitor

JANUARY 28, 2021

With Director Kraninger having submitted her resignation to President Biden last week, the report represents the CFPB’s fifth and final semi-annual report under Director Kraninger’s leadership. During the period covered by the report, the Bureau filed one fair lending public enforcement action and referred three ECOA matters to the DOJ.

Report 78

Report Leadership Lending Regulation 78

CFPB Monitor

FEBRUARY 5, 2020

In addition, the Bureau provided supervisory recommendations “relating to supervisory concerns related to weak or nonexistent fair lending policies and procedures, risk assessments, fair lending testing, and/or fair lending training.”.

Report 78

Report Lending Leadership Training 78

CFPB Monitor

FEBRUARY 11, 2019

A letter recently sent by House Financial Services Committee Chairwoman Maxine Waters to CFPB Director Kathy Kraninger will undoubtedly be followed in the coming months by many similar letters to the CFPB from the Committee’s new Democratic leadership.

Exercises 68

Exercises Leadership Lending Online 68

CFPB Monitor

JULY 27, 2020

The Bureau’s Fair Lending Supervision program initiated 14 supervisory events during the period covered by the report, which is 2 fewer than the number of such events initiated during the period covered by the prior semi-annual report.

Report 78

Report Lending Leadership National 78

CFPB Monitor

FEBRUARY 19, 2019

The report represents the CFPB’s first semi-annual report under the leadership of Director Kathy Kraninger. Mulvaney’s leadership of issuing semi-annual reports that were substantially shorter than those issued under the leadership of former Director Cordray. The Bureau also found that entities satisfied (i.e.

Report 68

Report Leadership Lending 68

Independent Banker

JANUARY 31, 2022

approached him about a leadership position in 2013. Relyance is working to increase its mortgage lending but sometimes isn’t able to make loans for some customers. Under the newly launched partnership, Relyance refers customers to Southern Bancorp Community Partners for counseling. Assets: $2 billion. Location: Arkadelphia, Ark.

Community Bank 172

Community Bank Community Leadership Arkansas 172

CFPB Monitor

OCTOBER 14, 2019

The report represents the CFPB’s second semi-annual report under Director Kraninger’s leadership. The Bureau’s Fair Lending Supervision program initiated 10 supervisory events during the period covered by the report, 3 less than the number of such events initiated during the period covered by the prior semi-annual report.

Report 60

Report Leadership Lending Training 60

CFPB Monitor

JUNE 23, 2022

The settlement highlights the need for companies to be mindful of fair lending risk when formulating their social media and other advertising plans. The lawsuit arose from an administrative complaint filed in 2018 by the Assistant Secretary for Fair Housing and Equal Opportunity with HUD alleging FHA violations by Facebook.

System 148

System Leadership social media Compliance 148

Abrigo

OCTOBER 20, 2016

As the leadership at banks and credit unions craft their plans for growth, there are several key metrics they should consider, such as optimizing their lending funnel , developing the right marketing strategy , and ensuring that they are taking advantage of unique opportunities with a robust credit analysis processes.

Software 150

Software Lending Community Bank Taxes 150

CFPB Monitor

MARCH 7, 2019

This section states that while the bill “is a direct response to address many of the misguided decisions that have been orchestrated under Mr. Mulvaney’s leadership at the Consumer Bureau that have been exposed to the public, as of the date of the bill’s introduction….this Place limitations on political appointees who serve as CFPB employees.

Leadership 101

Leadership Washington Policies Lending 101

Jeff For Banks

DECEMBER 10, 2023

As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 29th overall. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 7, 2023 was 23.32%. Not so over the eleven years I have been keeping track. NasdaqGS: FCNC.A) In 1935, R.P.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

Abrigo

DECEMBER 30, 2019

It is critical for leadership and the Board of Directors to be engaged in all areas of the institution, including compliance with the BSA. Enforcement actions can lead to cease and desist of any mergers or acquisitions, new branches, and in some cases no lending or other growth avenues. Lending & Credit Risk. Learn more.

Training 195

Training Compliance Leadership Fraud 195

Independent Banker

JANUARY 31, 2022

San Antonio became a real attractive place for some of these businesses to grow, and as they did, they took Amarillo National Bank with them and then they referred some people to us here locally,” Edlund says. ANB does “traditional lending in every aspect,” Edlund says, but commercial loans make up the majority of its loan portfolio.

Texas 182

Texas San Antonio Community Bank Community 182

Independent Banker

NOVEMBER 30, 2022

When a community bank’s employees refer to it as “a second family,” it speaks volumes, and that’s exactly what we heard from the team at Bank of Montana in Missoula, Mont. Tom is the majority shareholder of our holding company,” she adds, “but he never refers to us as his employees. He always refers to us as his coworkers.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

MAY 16, 2018

In his first letter to investors , SoFi’s new CEO, Anthony Noto, did not directly reference the founding CEO, Mike Cagney, who left the firm last year under a cloud of sexual harassment allegations. billion, particularly as the firm is likely considering an IPO. .” billion, particularly as the firm is likely considering an IPO.

Lending 100

Lending Course Comparison Leadership 100

CFPB Monitor

MARCH 8, 2019

The overall theme of Democratic members was praise for the CFPB’s activities under Director Cordray’s leadership and the need for Director Kraninger to undo the actions taken by Mick Mulvaney during his tenure as CFPB Acting Director. Despite expressions of outrage from Democratic members, Ms.

Policies 68

Policies Lending Compliance National 68

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Lifetime Leadership Achievement Awards. We salute a legend of lending and credit union leadership. The Bank That Gets Fintech.

Fintech 147

Fintech Strategy Leadership Lending 147

CFPB Monitor

MARCH 16, 2021

Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination.

Regulation 78

Regulation District of Columbia Georgia Policies 78

Jeff For Banks

DECEMBER 29, 2021

As a reference, the best SIFI bank in five year total return was Bank of America at 26th overall. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 27, 2021 was 60.4%. and equipment lending and asset based lending through Triumph Commercial Finance.

Capital 78

Capital Texas Metro North Carolina 78

CFPB Monitor

FEBRUARY 13, 2017

” They attach their original motion to intervene and incorporate the arguments for intervention by reference in the new motion but add “one request.”

Groups 68

Groups District of Columbia United States Leadership 68

CFPB Monitor

JULY 6, 2020

It represents the CFPB’s third rulemaking agenda under Director Kraninger’s leadership. Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z). Other items listed in the agenda on which the CFPB expects to take action this year include: Business Lending Data (Regulation B).

Regulation 78

Regulation Policies FDIC Lending 78

CFPB Monitor

OCTOBER 17, 2018

It represents the CFPB’s second rulemaking agenda under the Trump Administration and Acting Director Mick Mulvaney’s leadership. The preamble references the CFPB’s May 2018 statement that was issued following such Congressional disapproval in which the CFPB announced that it was reexamining the ECOA requirements. Business Lending Data.

Regulation 68

Regulation Compliance Lending Cards 68

William Mills

JULY 19, 2018

When planning which events and conferences to attend, many mistakenly refer to a “trade show season,” but if WMA’s Trade Show Directory tells you anything, it’s that there is no such thing as a single season for industry events. focuses on the banking experience of the future, from innovation to leadership development. 14-17 in D.C.

Conference 41

Conference San Diego Dallas San Francisco 41

CFPB Monitor

FEBRUARY 23, 2015

He indicated that in certain instances, where there are “more significant violations,” the CFPB refers matters to its action review committee. Antonakes concerned how the CFPB approaches the decision to take corrective action based on an examination.

Policies 60

Policies Leadership Regulation Marketing 60

Gonzobanker

AUGUST 19, 2015

Conservative lending risk. However, there is a big difference in the senior leadership team. Warm Pulse’s chief executive officer has 300+ connections and the chief lending officer has 500+ connections. The words “loans” or “lending” are nowhere to be found in the CLO’s profile. Situated in slow growth markets.

Phoenix 60

Phoenix Lending Community Community Bank 60

PYMNTS

JULY 15, 2016

Mum’s the word over there at the FDIC, but FDIC leadership acknowledges that it “did not accurately portray the extent of the risk” to Congress and have promised – and we are sure pinky swear – to improve their overall record keeping. Lending Club Algorithms . Really, since when?).

Retail 100

Retail FDIC Bitcoin Lending 100

Independent Banker

NOVEMBER 24, 2014

His colleagues, who refer to him familiarly as “Ron,” describe Paul as whip smart, tireless and intense, but always personable. A rove-about, kinetic leader, his outgoing leadership style makes him appear to be almost everywhere at once at EagleBank’s operations, Bensinger says. EagleBank’s first tagline was “We’re Listening.”

Community 70

Community Washington Community Bank Maryland 70

Jeff For Banks

MARCH 6, 2011

"He''s not ready" is the response I often hear when I ask why a sharp banker is not part of the FIs senior leadership team. For community FIs to remain relevant to customers and prospective customers, we must choose a strategy that delivers either a competitive advantage through differentiation or cost leadership.

Strategy 73

Strategy Leadership Training Industry 73

Gonzobanker

NOVEMBER 9, 2015

There was plenty of mention of PAR (personal account reference), which is a new standard proposed by EMVCo that adds a PAR to a tokenized transaction. Innovation we saw that we’re all not talking about enough: lending. Alibaba and Lending Club have partnered to offer instant credit to small businesses buying from Chinese suppliers.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. If you open the background materials, let’s discuss our clients here in your state …” [Prospect is in New England, all references provided are in the Mid-Atlantic.].

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. If you open the background materials, let’s discuss our clients here in your state …” [Prospect is in New England, all references provided are in the Mid-Atlantic.].

Utah 60

Utah System Community Marketing 60

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. The Wall Street Journal would refer to the acquisition as “the worst deal in the history of American finance.” ” 11.

Google 76

Google Software Innovation Company 76

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. A phenomenally successful $50+ billion private/wealth management bank with a customer list to die for probably won’t hurt on the reference list. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association).

Google 101

Google Data Policies Lending 101

PYMNTS

APRIL 11, 2018

In an interview with PYMNTS via written exchange, Thomas Kimner , head of Global Marketing and Operations, Risk Management, at SAS Institute , said the legislation will provide improved credit access to consumers, noting the reduced requirements for mortgage origination and lending. Elizabeth Warren (D-Mass.) and other Democrats.

Regulation 108

Regulation Capital Leadership Maine 108

PYMNTS

JANUARY 3, 2017

A heated battle over its funding structure and leadership structure probably would not have come up. Cordray, a former Ohio attorney general, has been referred to as “squeaky clean” by fans, who characterize this recent search for cause as something of a witchhunt. But then, the world in Sept. 2016 and what it was anticipating for Jan.

Leadership 103

Leadership Ohio United States Washington 103