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The AMLA and a Culture of Compliance ā€“ More Critical Than Ever

Abrigo

With the 2021 change in administration in Washington, D.C., On January 1, 2021, the Senate voted into law the National Defense Authorization Act (NDAA). The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance.

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The ICBA 22/23 executive committee is all in

Independent Banker

ā€œIā€™m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,ā€ says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

It also meant the loss of financial advice, local civic leadership and an institution that brought needed customers to nearby businesses,” Powell said last week , according to reports. Reports said Powell noted that looser community bank regulations may help keep branches open. .

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Grand Ridge National Bank: The premier league. Grand Ridge National Bank. Ask employees at Grand Ridge National Bank (GRNB) in Wheaton, Ill., Mark Scheffers, Grand Ridge National Bank. Community Financial Services Bank, Benton, Ky.; Wheaton, Ill.

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An Unexpected Revolt?

Independent Banker

Arecent National Mortgage News article pointed out that ā€œconsumers complain when lenders ask for information, even suggesting such requests are a violation of their privacy.ā€ But todayā€™s regulations have simply gone too far, and our customers on Main Street are recognizing that the source of the problem is emanating from Washington.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers ā€“ tiring.

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The Thinker

Independent Banker

Yet his steady leadership is paired with a willingness to challenge the status quo cautiously to keep up with an evolving marketplaceā€”a quality that appealed to the bankā€™s board when it promoted him from loan officer to bank president 25 years ago. Regulation Review Committee, vice chairman. Thoughtful action. Committee, chairman.

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